Examlex
All of the following are activities that occur during physical distribution EXCEPT:
Direct Exchange Rate
The price of one currency in terms of another currency, without requiring conversion to a third currency.
Canadian Dollar
The currency of Canada, represented by the ISO code "CAD" and symbolized by "$".
U.S. Dollar
The official currency of the United States and a standard unit of measurement for global financial transactions.
Triangle Arbitrage
A riskless profit strategy that takes advantage of discrepancies in exchange rates in different markets by conducting a series of conversions among three currencies.
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