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The Japanese Yen Is a Floating Currency

question 133

True/False

The Japanese yen is a floating currency. If the exchange rate for the yen changes from $0.0098 to $0.01, the yen has appreciated.


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Uniform Mediation Act

A legislative framework designed to promote consistency and establish procedures for the mediation process in legal disputes.

Federal Arbitration Act

A U.S. law that provides for the enforcement of arbitration agreements and allows for the use of arbitration in resolving disputes instead of going to court.

Arbitration Agreement

A contract specifying that disputes will be resolved through arbitration rather than court litigation.

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Businesses that are owned by a small number of shareholders or company members, and whose shares are not publicly traded on stock exchanges.

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