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"In the foreign exchange market, if the demand for the U.S. dollar increases, the U.S. dollar appreciates in value." Briefly explain whether the previous statement is correct or incorrect.
Covalent
Covalent refers to a type of chemical bond where atoms share pairs of electrons to achieve a full outer shell and stability.
Ionic
Refers to the chemical bond formed between atoms when electrons are transferred from one atom to another, resulting in positively and negatively charged ions.
Metallic
Relating to or characteristic of metal, including properties such as shiny appearance, conductivity, and malleability.
Intermolecular
Pertaining to forces or interactions occurring between molecules, affecting their physical properties and behaviors.
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