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A Zero Sum Game States That When Power Imbalances Get

question 134

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A zero sum game states that when power imbalances get bad enough, forces are triggered that will rise up and take the power away to restore balances.


Definitions:

Unrecognized Commitments

Obligations that are not recorded in the financial statements because they do not meet the conditions for recognition as liabilities.

Foreign Exchange Risk

The potential for financial loss due to fluctuations in the exchange rate between two currencies.

Import Purchase

The act of buying goods and services from a foreign country to be brought into the buyer's home country.

Foreign Currency

Money or other form of payment issued by a government other than the home country of the business or individual.

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