The Exchange Rate Between Any Two Currencies Is Kept the Same

question 28

Multiple Choice

The exchange rate between any two currencies is kept the same in different monetary centers by ____________.

• A)the effective exchange rate
• B)speculation
• C)arbitrage
• D)hedging

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Definitions:

Surgery

Invasive medical procedures involving the cutting of a body, either for diagnosis, treatment, or repair of a problem area.

Profuse Bleeding

Excessive loss of blood from the circulatory system in a short period of time.

Emergency

A situation that poses an immediate risk to health, life, property, or environment, requiring urgent intervention.

Surgical Site

The specific area of the body where a surgical procedure is performed, requiring special care to prevent infection and promote healing.