The Practice of Future Favors Can Be Found in Nearly

question 79

Short Answer

The practice of future favors can be found in nearly any culture that respects the _____ concept.

---

Definitions:

Commodity

Basic goods used in commerce that are interchangeable with other goods of the same type.

Fixed Exchange Rate System

A currency system where the value of a currency is pegged to another currency, a basket of currencies, or a valuable commodity like gold.

Central Bank

The principal monetary authority of a country, which manages the country's currency, money supply, and interest rates.

Flexible Exchange Rates

Exchange rates determined by the foreign exchange market, allowing the value of a currency to fluctuate according to supply and demand.