Examlex
Which of the following is not a core value-chain activity?
Exchange-rate System
The method by which a country manages its currency in relation to other currencies and determines its exchange rate.
Flexible System
An adaptable framework or methodology that can adjust to changes in environment or operation, often seen in production, management, or scheduling.
Major Currencies
The world's most widely traded currencies, typically including the US Dollar, Euro, Japanese Yen, and British Pound among others.
Managed Floating Exchange Rate
An exchange rate that is allowed to change (float) as a result of changes in currency supply and demand but at times is altered (managed) by governments via their buying and selling of particular currencies.
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