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After PayPal Was Acquired by EBay, It Became the De

question 62

True/False

After PayPal was acquired by eBay, it became the de facto payment standard on the biggest locus of small business in the world.


Definitions:

Annualized Return

The geometric average amount of money earned by an investment each year over a given time period, expressed as a percentage.

Spot Exchange Rate

The current market price for exchanging one currency for another, used for immediate currency transactions.

Exchange Rate

The value of one currency for the purpose of conversion to another.

Japanese Automobile

A car manufactured by a company based in Japan, known for reliability, efficiency, and advanced technology.

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