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Priya is a very efficient manager and is very popular with her team members. Whenever her team members talk to her, she tries to properly understand the content of their message, tries to identify their feelings, and looks for signs that can help her to interpret their message. In this scenario, Priya is involved in the process of:
Fixed Exchange Rates
An exchange rate regime where a country's currency value is tied to another currency, a basket of currencies, or another measure of value, such as gold, and does not fluctuate in the foreign exchange market.
Balance of Trade
The difference in value between a country's exports and imports over a certain period.
Goods and Services
Physical items that can be purchased (goods) and intangible assistance or activities provided for consumption (services).
Trade Deficits
A situation where a country's imports of goods and services exceed its exports, resulting in a negative balance of trade.
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