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Under Managed Floating Exchange Rates, Central Bank Intervention Is Used

question 148

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Under managed floating exchange rates, central bank intervention is used to offset temporary fluctuations in exchange rates that contribute to uncertainty in carrying out transactions in international trade and finance.


Definitions:

Communicating Information

The process of transmitting data, knowledge, or messages from one person or entity to another through various means.

Team Skill

The collective abilities of a group that enable successful collaboration, problem-solving, and achievement of common goals.

Lead a Team

The act of guiding and motivating a group towards achieving a common goal through effective leadership practices.

Synergy

The interaction or cooperation of two or more organizations, substances, or other agents to produce a combined effect greater than the sum of their separate effects.

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