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Have conditions in the developing world changed since the end of the Cold War? How so?
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.
Withholding Tax
Withholding tax is an income tax that an employer deducts and withholds from an employee's salary and pays directly to the government.
After-Tax Return
The profit from an investment after taxes have been deducted, often considered the most accurate measure of an investment's true return.
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