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Refer to the diagram below. The initial demand for and supply of pesos are shown by D1 and S1. Suppose Canada reduces its imports of Mexican goods, shifting its demand for pesos from D1 and D2. If Canada was operating under a system of exchange controls that maintains the exchange rate at E, the Canadian government would:
Political Skill
An interpersonal style that manifests itself in being socially astute and engaging in behaviors that lead to feelings of confidence, trust, and sincerity.
Social Awareness
The ability to understand and respond to the feelings, needs, and concerns of others, including recognizing social cues and appropriately adapting behavior.
Empowerment
The process of giving individuals or groups more control, authority, and responsibility regarding their own lives or work.
Delegation
The assignment of formal authority and responsibility for accomplishing a specific task to another person.
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