Explain the Concept of Floating Exchange Rates

question 77

Essay

Explain the concept of floating exchange rates.Identify factors that influence foreign exchange rates.

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Definitions:

THC

Tetrahydrocannabinol, the principal psychoactive constituent of cannabis which affects the brain to induce a "high."

Neurons

Cells within the nervous system that transmit information to other nerve cells, muscle, or gland cells.

Hallucinogens

A class of psychoactive substances that cause changes in perception, mood, consciousness, and thought patterns, often resulting in visual or auditory hallucinations.

Marijuana

A psychoactive drug from the Cannabis plant, used for medical or recreational purposes.