Examlex
The investment share of GDP has a ________ relationship to the user cost and a(n) ________ relationship to the capital depreciation rate.
Spot Exchange Rate
The present rate at which one can purchase or sell a currency for immediate transfer.
Forward Exchange Rate
A contractually fixed exchange rate for the future exchange of currencies at a specified date, used to hedge against foreign exchange risk.
Arbitrage
The simultaneous purchase and sale of the same assets in different markets to exploit price differences for a profit.
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