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If You Decided to Go into the Systems Contracting Business

question 16

Multiple Choice

If you decided to go into the systems contracting business, which of the following categories would constitute your main area of expertise in that this area would be what service you provide for customers.


Definitions:

Country A's Currency

The legal tender issued by Country A's central bank or monetary authority, used as a medium of exchange within Country A.

Forward Rate

An agreed-upon price for a financial transaction that will occur at a future date.

Direct Quote

A quotation in the foreign exchange market that expresses the amount of foreign currency required to buy or sell one unit of the domestic currency.

Direct Quote

A report of the exact words used by a speaker or writer, typically enclosed in quotation marks.

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