Examlex
John's boss withholds negative consequences when John exhibits desired behaviours. This is an example of the use of negative reinforcement.
Managed Floating Exchange Rate
An exchange rate that is allowed to change (float) as a result of changes in currency supply and demand but at times is altered (managed) by governments via their buying and selling of particular currencies.
Central Banks
Financial institutions responsible for the oversight of the monetary system for a nation or group of nations, controlling policies like interest rates and money supply.
Foreign Exchange
The exchange of one currency for another, or the conversion of one currency into another currency.
Trade Deficits
A situation in which a country's imports exceed its exports during a given time period.
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