Explain How a Proxy Is Used

question 41

Essay

Explain how a proxy is used.

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Definitions:

Responsibilities

Duties or tasks that one is required or expected to perform as part of a job or role.

Exchange Rates

The value of one currency expressed in terms of another currency.

Transaction

An instance of buying or selling something; a business deal or action.

Currency Exchange

The process of exchanging one country's currency for another country's currency, typically at a rate determined by the foreign exchange market.