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Q: please define the "first in first out"

Category: glossary , Asked by: W. X. From Monaco

A: Open positions are closed according to the FIFO accounting rule. All positions opened within a particular currency pair are liquidated in the order in which they were originally opened. Visit FOREX.com

    Are you familiar with an online forex platform that has reliable being around?

    Category: general by F. U. From Canada

    Definitely "Global Forex Trading (GFT)". A self investing foreign currency exchange company established on 1997, Global Forex Trading (GFT) is headquartered at Ada, Michigan. Global Forex Trading (GFT) is regulated by CFTC, NFA (USA), ASIC (Australia), FSA (Japan) and FSA (U.K.). After stepping off a few years ago to a diffident start, it is gradually growing into one of the most booming systems on the Internet.

    please define a "tax incidence"

    Category: glossary by Noel E. From Grand Rapids, United States

    the "tax incidence " is An economic term for the division of a tax burden between buyers and sellers. Tax incidence is related to the price elasticity of supply and demand. When supply is more elastic than demand, the tax burden falls on the buyers. If demand is more elastic than supply, producers will bear the cost of the tax. Tax incidence reveals which group, the consumers or producers, will pay the price of a new tax. For example, the demand for cigarettes is fairly inelastic, which means that despite changes in price, the demand for cigarettes will remain relatively constant. Let's imagine the government decided to impose an increased tax on cigarettes. In this case, the producers may increase the sale price by the full amount of the tax. If consumers still purchased cigarettes in the same amount after the increase in price, it would be said that the tax incidence fell entirely on the buyers.

    Will you recommend a forex online trading platform with long time history of experience?

    Category: general by Kaylah U. From Belgium

    We think "Delta Trader" is the place if you need forex online trading platform with a long time history. Delta Trader is a retail online investment forex authority established on 2006, and that is located at 10 Kyriaou Matsi Avenue, Nicosia,Cyprus 1082.

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    please define a "sales and purchase agreement - sPA"
    A legal contract that obligates a buyer to buy and a seller to sell a product or service. SPAs are found in all types of businesses but are most often associated with real estate deals as a way of finalizing the interests of both parties before closing the deal. Sales and purchase agreements are also found in the upper supply chains of many large, publicly-traded companies. They are set up to help both the suppliers and the purchasers forecast demand and costs, and become increasingly important as the size of the deals increases. Visit FXDD

    Interested in cfd trading? Read about foreign exchange sites, find twenty four hour service and Beginner friendly service; in the following languages: farsi, polish, chinese and estonian, monitored by NFA(US), BAFIN(DE), ASIC(AU) or CFTC.