Examlex
_________________________ was created to promote world trade through monitoring and maintaining fixed exchange rates and by making loans to countries with payments problems.
Maximin Criterion
A decision-making rule used for minimizing the worst-case scenario loss.
Uncertainty
The state of having limited knowledge where it is impossible to exactly describe the existing state, a future outcome, or more than one possible outcome.
EMV
stands for Expected Monetary Value, a concept in risk management used to calculate the average outcome of future events and their financial impacts.
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