Foreign exchange
From Mises Wiki, the global repository of classical-liberal thought
Foreign exchange are the currencies or media of exchange of other countries. In general usage, foreign exchange also includes negotiable instruments used for the international transfer of funds, such as checks, drafts and bills of exchange, which are payable in the currencies of other countries.[1]
References
- ↑ Percy L. Greaves, Jr. "Mises Made Easier ", 1974. Referenced 2014-07-12.
