Absorption defines the currency fluctuation in which the government compensates an exporter for losses in a given market.

Name: Absorption defines the currency fluctuation in which the government compensates an exporter for losses in a given market.
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Question

Quizplus · Accepted Answer

Absorption in economics refers to the ability of a market to handle new products or services without a significant change in price. It does not relate to currency fluctuations or government compensation to exporters.

Absorption Defines the Currency Fluctuation in Which the Government Compensates