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In the short run, with floating exchange rates, the exchange rate is determined by
Labor Unions
Organizations that represent the collective interests of workers to improve wages, working conditions, and benefits.
Salesperson
An individual who sells goods or services, often directly interacting with customers to close sales and maintain client relationships.
Commissions
Payments to an agent or employee based on the value of sales achieved or a percentage of the transaction value.
Market Signal
Information or indicators used by investors and businesses to guide decisions, based on price movements, market trends, or economic data.
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