Distinguish Between the Concepts of Deregulation, Legalization and Decriminalization and Given

question 110

Essay

Distinguish between the concepts of deregulation, legalization and decriminalization and given an example of each.

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Definitions:

Currency

The system of money in general use in a particular country, or the physical notes and coins themselves.

Short-Run Exposure

Financial risk associated with fluctuating exchange rates that affects a company's transactions or valuation in the near term.

Exchange Rate Risk

The potential for losses resulting from fluctuations in the exchange rate between two currencies in international transactions.

Foreign Exchange Market

A global marketplace for trading currencies, determining the foreign exchange rates for every currency.