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A legitimate merit test is a valid defense to a Title VII discrimination claim.
Exchange Rates
The rate at which one currency can be exchanged for another currency, influencing international trade and economic balance between countries.
Arbitrageurs
Individuals or entities that take advantage of price differences in different markets by buying low in one and selling high in another to make profits.
Central Banks
Major financial institutions that manage a country's currency supply, interest rates, and serve as a lender of last resort to the banking sector.
Exchange Rates
The price at which one currency can be exchanged for another currency.
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