Examlex
The emphasis on quality has evolved through four distinct stages since World War II. Listed chronologically, these stages are:
Appreciated
Refers to an increase in the value of an asset or currency over time.
Depreciated
A reduction in the value of an asset over time, typically due to wear and tear or obsolescence.
Foreign Exchange
The exchange of one currency for another, or the conversion of one currency into another currency.
International Trade
The exchange of goods, services, and capital among countries and territories, which can lead to increased economic growth and consumer choice.
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