The Value of the Exchange Rate Matters in the Long

question 41

True/False

The value of the exchange rate matters in the long run.

---

Definitions:

Final and Definite Award

In arbitration, a conclusive decision given by an arbitrator that resolves the dispute and is binding on all parties.

Arbitrator's Bias

A situation in which an arbitrator, who is supposed to act as an impartial third-party decision-maker in a dispute resolution process, shows unfair bias towards one of the parties.

Counterclaim

A claim made by the defendant against the plaintiff that is filed along with the defendant’s answer.

Negligence

Neglecting to uphold the level of care that a reasonably careful individual would have maintained under comparable circumstances, resulting in injury or damage.