Examlex
What two ethno-national groups agreed to a peaceful "Velvet Revolution" rather than engaging in a civil war?
Exchange Rate
The value of one currency for the purpose of conversion to another.
Gold Standard
A monetary system in which a country's currency or paper money has a value directly linked to gold, providing stability and confidence in the currency's value.
Self-Correcting Mechanism
In economics, a self-correcting mechanism refers to the natural adjustment of markets in response to imbalances, restoring them to equilibrium without outside intervention.
De Facto Dollar Standard
An international financial system in which the U.S. dollar is used as the primary reserve currency by other countries, even though it may not be officially designated.
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