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Sometimes when we encounter behaviour that is unpleasant or unexpected,we assume that something about the person-and not the situation-caused the behaviour.In this sense,we are most like
Floating Exchange Rates
A currency system where the value of a currency is allowed to freely fluctuate according to the foreign exchange market without direct government control.
LIBOR
A benchmark rate that some of the world’s leading banks charge each other for short-term loans, serving as a global reference for financial products.
Foreign Currency
Currency of another country, used to conduct international transactions or investments.
Forward Market
A marketplace for the exchange of financial instruments or commodities for delivery in the future at prices agreed upon today.
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