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Skip would like his partner to stop leaving shaving cream and stubble in the sink after he shaves in the morning.At first, Skip complains to his partner about the mess. Then Skip changes tactics: he thanks his partner on the occasional mornings when he rinses out the sink. Skip has changed from using _____ to using _____.
International Bonds
Bonds issued in a country by a non-domestic entity, allowing the issuer to access foreign capital.
Uncovered Interest Parity
A financial theory that posits that the difference in interest rates between two countries is equal to the expected change in exchange rates between their currencies.
Exchange Rate Risk
The potential for losses due to fluctuation in the exchange rate between two currencies in international transactions.
Foreign Exchange Market
A global marketplace for trading currencies against each other, determining the exchange rate values between different currencies.
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