Examlex
The tendency to interpret,seek,and create information that is consistent with pre-existing expectations is called the ____ bias.
Floating Exchange Rate
A floating exchange rate is determined by the foreign exchange market through supply and demand, without direct intervention from a country's government.
Free Market Forces
The unregulated forces of supply and demand that govern the allocation of resources and prices in markets.
Convertible Currency
A currency that can be exchanged for other currencies on foreign exchange markets.
Market Determined Rates
Interest rates that are established by the supply and demand forces in the financial markets without direct government control.
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