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Income Taxes
Taxes imposed by the government directly on income, both earned (salaries, wages, commissions) and unearned (interest, dividends).
Indirect Quote
A foreign exchange rate quotation that specifies the foreign currency amount that can be purchased with one unit of the domestic currency.
Country B's Currency
The legal tender or monetary system used in a hypothetical Country B, which can be exchanged for goods and services or traded for other currencies.
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.
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