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What is the third degree?
Oil Refineries
Industrial processing plants where crude oil is transformed and refined into more useful petroleum products such as gasoline, diesel, and jet fuels.
Floating Exchange Rate
a currency valuation system that allows the value of the currency to fluctuate according to the foreign exchange market.
Indirect Actions
Measures or activities that are not directly implemented but influence outcomes through intermediaries or other indirect means.
Currency Exchange
The act of converting one country's currency into another's, a key component in international trade and investment activities.
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