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What were the causes of the Great Depression? How did the European states respond to the Great Depression?
Forward Rate
The agreed-upon price for a financial transaction that will occur at a future date, as in currency or interest rate swaps.
Spot Rate
The current exchange rate at which a currency can be bought or sold for immediate delivery.
Premium
The amount paid for an insurance policy or the price above the nominal or face value of a security or investment.
Swiss Francs
Swiss Francs are the currency of Switzerland, known for their stability and being a safe-haven currency in times of financial market volatility.
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