gross profits definition In economic terms, the benefits of holding any two currencies should be equal in the equilibrium of the foreign exchange market, which is: Ri=Rj (interest rate parity). Here, R stands for yield, and I and j represent currencies of different countries. If the benefits of holding two currencies are unequal, you will have A arbitrage: buy A kind of foreign exchange and sell B foreign exchange. Plan form, it is to point to in words and index within the organization of the form of expression and organization of different departments and different members of a certain period of time in the future about the management of the direction, content and way to arrange. (1) spiritual gain -- spiritual satisfaction; The fund's managing director Christine Lagarde said Christine Lagarde, in June 2016, voted to leave the European Union has an impact, the British economic growth this year and in other parts of the world economic growth. Western economists further point out that the main factor that leads to the difference between trading costs in markets and businesses is the incompleteness of information. Because of the incompleteness of the information. Any party of a contract will be trying to collect, information and access to what they didn't have to monitor each other's behavior, and try to constraints, and afterwards to punish in advance of each other's default behavior and so on. All these practices produce transaction costs. As a result of these practices in the market and the enterprise can take different forms, so the corresponding transaction costs is not the same, in particular, under the condition of asymmetric information, in the process of market transactions, transaction cost, as a result of these practices are often very high. Therefore, through the organizational form of enterprises, some market transactions can be internalized to eliminate or reduce the high transaction costs generated by some market exchanges. Point 4: look at the guarantee. If the high yield p2p wealth management products of the platform are guaranteed, and the strength of the guarantee company, investors need to study it clearly. "People say 'oh, those experts', but we're seeing what we call potential risks being rolled out. This is not what the experts say, this is what the economy is showing. "