Examlex
According to the text, there are two reasons we care so much about exchange rates. List and fully explain these reasons in your own words.
Global Economy
refers to the interconnected and interdependent nature of the world's economies, where changes in one part can affect economies globally.
Payoffs
Financial transactions or bribes intended to influence behavior or decisions, often used in illicit or unethical contexts.
Government Crime
Illegal or unethical actions committed by government officials or agencies, often involving the abuse of power or violation of public trust.
Official Corruption
The abuse of entrusted power by government officials for private gain.
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