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Export Development Canada
A Canadian government agency that provides financing, insurance, and other support to Canadian exporters and investors.
Federal Crown
A term referring to the sovereign power of the government in a monarchy, especially in context to its authority and jurisdiction.
Foreign Exchange Market
A global decentralized or over-the-counter market for trading currencies, where participants can buy, sell, exchange, and speculate on currencies.
Interest Rate Parity
A theory which posits that the disparity in interest rates across two nations is identical to the discrepancy between the forward exchange rate and the current spot exchange rate.
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