Examlex
For realists, the international system has been anarchic during some periods of history but not during others.
Flexible Exchange Rate
Rate determined in foreign exchange markets by the forces of demand and supply without government intervention.
Fixed Exchange Rate
A currency system where the value of a currency is pegged to another currency, a basket of currencies, or a physical commodity like gold.
Exchange Rate
The price of one currency in terms of another, determining how much foreign currency can be exchanged for a unit of domestic currency.
Financial Transactions
Activities involving the exchange of money between parties, including buying, selling, lending, and borrowing.
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