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Explain Why It May Make Sense for the United States

question 9

Essay

Explain why it may make sense for the United States, Japan, and Europe to allow their mutual exchange rate to float?


Definitions:

Produce and Interpret

The process of creating something and then making sense of it or assigning meaning to it.

Culture

The collective values, traditions, rituals, and societal conduct specific to a certain country or community.

Jean Baudrillard

A French philosopher and sociologist known for his critical theories about media, culture, and technological communication, as well as for his concept of hyperreality.

Complimentary

Serving to complete something else or supply a deficiency; often used to describe things that enhance or improve when brought together.

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