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Discuss and Analyze the Contention That the US-German Public Squabbles

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Essay

Discuss and analyze the contention that the US-German public squabbles over currency values and interest rates were responsible for "Black Monday" - (October 19,1987)the largest single day loss in percentage terms since WWI.


Definitions:

Rate Of Return

The reward or penalty on an investment concluded over a chosen length of time, denoted as a percentage of the investment's initial outlay.

Triple

In finance, this term is not clearly defined without additional context; however, in credit ratings, a 'Triple A' rating signifies the highest credit quality.

Annual Rate Of Return

The percentage change in the value of an investment over a one-year period, taking into account both capital gains and dividends.

Vancouver

A major city in western Canada, known for its vibrant culture, diverse population, and scenic beauty between the Pacific Ocean and the Coast Mountains.

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