Examlex
Monopoly power causes losses in efficiency because the marginal social benefit of output exceeds its marginal social cost at the monopoly output.
Foreign Exchange Rate Risk
The potential for investors to experience losses due to changes in the exchange rates between currencies.
Spot Rate
The current market price at which a particular asset can be bought or sold for immediate delivery.
Forward Rate
The agreed-upon price for a financial transaction, such as the exchange of currency, to take place at a future date, used to hedge against market volatility.
Eurobonds
International bonds issued in a currency not native to the country where it is issued.
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