The local exchange contains switching logic and determines where to route a call.

局部交换机包括了交换逻辑和决定拨号的路径。

youdao

The local exchange and cooperation have been continuously deepened. The border regions have become the bonds of mutual cooperation.

地区交流合作不断增强，两国边境已经成为相互合作的纽带。

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Jon walks into the campus security office in his Telco costume and explains that he has been called out by the Local Exchange Carrier (LEC) because a circuit appears to be looped from the Telco.

Jon穿着他的电信制服走入场地安全办公室，然后说明他是由本地交换运营商(Local Exchange Carrier (lec))派来的，因为看来电路从电话公司形成了回路。

youdao

Users have spent millions of dollars aligning their internal systems with their local exchange.

ECONOMIST: London Stock Exchange

This mutual exchange concept is expanded more broadly in the LETS (Local Exchange Trading System) model of private currencies.

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Opponents of iAdvance -- chiefly long-distance carriers and competitive local exchange carriers (CLEC) -- ridicule the apparent contradiction and say Project Pronto proves iAdvance's arguments are bogus.

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