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Month: July 2020

Business Blog

Currency Futures and How They Work (With Examples)

“Currency Futures” are financial contracts wherein a buyer and seller agree to exchange money at a future date using a predetermined rate; thus minimizing risks from potentially volatile and costly exchange rates.
This article examines how futures work. Continue reading Currency Futures and How They Work (With Examples)

deceptivelyblondeJuly 22, 2020February 23, 2023Leave a comment
Business Blog

Living Economics: Implicit and Explicit Costs

Explicit Costs are the cost of resources traded in external markets. Implicit Costs are the value of resources sacrificed by the owner for the sake of the company. Continue reading Living Economics: Implicit and Explicit Costs

deceptivelyblondeJuly 7, 2020February 23, 2023Leave a comment
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