Examlex
An implication of the median voter theorem is that Republicans and Democrats will try to align their views with those of the median voter.
Uncovered Interest Parity
A financial theory that suggests interest rate differentials between two countries will be equal to the expected change in exchange rates between their currencies.
Exchange Rate
The value of one currency for the purpose of conversion to another, which fluctuates based on market conditions and impacts international trade and investments.
British Pounds
The official currency of the United Kingdom, also known as GBP (Great Britain Pound).
Swiss Francs
The official currency of Switzerland and Liechtenstein, known for its strength and stability as a global finance indicator.
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