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Lecture Accounting information systems basic concepts and current issues (4th edition): Chapter 13 - Robert L. Hurt
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After studying this chapter you will be able to: Review the historical development of foreign exchange markets; explain how the foreign exchange rate reflects the demand and supply of goods, services, and assets, and the other flows that make up the balance of payments; explain geographic arbitrage, triangular arbitrage, and intertemporal arbitrage.
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