Examlex
_____ occurs when children adjust their schemes to take new information and experiences into account.
Foreign Exchange
The system by which one currency is exchanged for another, enabling international transactions and trade.
Exchange Rate
The value of one currency for the purpose of conversion to another, indicating how much one currency is worth in terms of another.
Supply and Demand
Economic model that determines the price of a commodity in a market, based on the availability of the commodity (supply) and the desire for it (demand).
Francs
A former currency unit used in France and several other countries before the adoption of the euro, also still used in some parts of Switzerland and Liechtenstein.
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