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Which one of the following does NOT account for WHY a company's strategy evolves from one version to another?
Foreign Securities
Investments such as stocks, bonds, or certificates issued by entities located outside of the investor's country.
Exchange Rate
The price at which one currency can be exchanged for another, influencing international trade and investments.
International Loans
Financial lending provided by one country or international financial institution to another country for development or emergency financing.
Currency Exchanges
Marketplaces where currencies are traded, allowing for the conversion of one currency into another.
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