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The skills of effective communication can be developed.
Currency Cross Rate
The exchange rate between two currencies, calculated based on their common exchange rates with a third currency, usually the US dollar, without needing direct exchange between the two currencies.
Exchange Rate
The price at which one currency can be exchanged for another currency.
Third Currency
A currency used as an intermediary for trading between two currencies that are not directly exchangeable.
Law of One Price
An economic theory that suggests the price of an identical good will have the same price globally, assuming no transportation costs and no differential taxes.
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