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单词 exchange value
释义

exchange value

Definition
The quantified worth of one good or service expressed in terms of the worth of another. For example, in the business of foreign exchange, the value of each currency is expressed in terms of the value of another currency. This creates an exchange value or exchange rate for each major currency relative to a benchmark currency like the U.S. Dollar.
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更新时间:2025/4/26 18:59:23