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The System Under Which the Exchange Rate Is Always Determined

question 38

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The system under which the exchange rate is always determined by the forces of demand and supply without any government intervention in foreign exchange markets is a(n) :


Definitions:

Salesperson

An individual who sells products or services on behalf of a company, often directly to customers.

Endless Chain Referral Method

A marketing strategy where existing customers are encouraged to refer new clients, potentially creating a continuous chain of referrals.

Friends

People known for some time and with whom we share common interests and/or hobbies.

Salespeople

Individuals who sell products or services to customers, focusing on meeting customer needs and closing sales transactions.

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