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What is a major advantage of flexible exchange rates?
Equity Securities
Equity Securities are financial assets representing ownership interest in a company, such as stocks, which provide voting rights and potential dividends.
Multinational Corporations
Multinational corporations are large companies that operate commercially in multiple countries, expanding their manufacturing, sales, and services beyond their original borders.
Foreign Exchange Rates
The price of one country's currency in terms of another country's currency.
Economic Conditions
Refers to the current state of the economy, including factors like unemployment rates, inflation, and GDP growth.
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