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Delve into the intricacies of floating and fixed exchange rates in macroeconomics. Explore how exchange rates impact trade, imports, exports, and economic policies. Crash Course Economics #15 uncovers the key determinants of exchange rates and their significance in global finance. Learn the fundamentals to understand currency markets and international trade.

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Risk warning: Digital asset trading is an emerging industry with bright prospects, but it also comes with huge risks as it is a new market. The risk is especially high in leveraged trading since leverage magnifies profits and amplifies risks at the same time. Please make sure you have a thorough understanding of the industry, the leveraged trading models, and the rules of trading before opening a position. Additionally, we strongly recommend that you identify your risk tolerance and only accept the risks you are willing to take. All trading involves risks, so you must be cautious when entering the market.

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