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The two types of open market operations are
International Customs
Established practices and rules that govern the exchange of goods and services across national borders.
Treaties
Formal agreements between two or more sovereign states, governed by international law, regarding various matters such as trade, peace, and mutual aid.
Agreements
Mutually accepted conditions or terms that form the basis of a contract between two or more parties.
Commercial Activity
Operations and actions undertaken by businesses and individuals to produce, buy, or sell goods and services in an attempt to generate profits.
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