Examlex
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Exchange Rate
The amount one currency is valued at when translated into another currency.
Kilogram
The base unit of mass in the International System of Units (SI), equivalent to 1,000 grams or approximately 2.20462 pounds.
Long-Run Exchange Rate
The exchange rate that reflects the underlying fundamentals of an economy over a longer period, free from short-term fluctuations.
Subsidiary
A company controlled by another company, often referred to as its parent company.
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