Both Presidents underscored that in the seven years since the U.S.-Chile Free Trade Agreement (FTA) first entered into force, not only have the conditions of exchange of goods and services improved, but also new business opportunities have been formed, leading to the diversification of products and a greater access for agricultural products.
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The main argument for flexible exchange rates that led to their widespread adoption in the early 1970s was that they allow domestic policymakers to adopt policies appropriate to domestic conditions without the artificial constraint of an exchange rate peg.
And while insurance companies will be prevented from denying coverage on the basis of pre-existing conditions once the exchange is open, in the meantime there will be a high risk pool where people with pre-existing conditions can purchase affordable coverage.
In exchange, AEP changed the conditions of an earlier court settlement and will use equipment at the Rockport power plant in Indiana that will not reduce sulfur dioxide as much.
The level of the index reflects the looseness of financial conditions: an increase in interest rates or the exchange rate leads to a tightening, a rise in share prices to a loosening.
What should give policymakers in the UK some pause for thought is that in Ireland and Spain, two economies which are locked into the euro and therefore don't have the benefit of an exchange rate which can adjust to their national economic conditions, there has been significant recovery in their respective current account deficits.
El Faro, an online newspaper in El Salvador, reported the truce was the result of a government deal with gangsters to stop the violence in exchange for better prison conditions and other favors, but the government denies that.
Our results are inherently unpredictable and may be materially affected by many factors, such as fluctuations in foreign exchange rates, changes in global economic conditions and consumer spending, world events, the rate of growth of the Internet and online commerce and the various factors detailed below.
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Since the mid-1950s, the Fund has demanded policy reforms in exchange for the money that it lends, but in recent years the number and nature of these conditions has greatly expanded.
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For example, the Goldman Sachs monetary-conditions index (based on a weighted average of short-and long-term interest rates and the trade-weighted exchange rate) suggests that America's monetary policy is currently at its tightest since 1989, largely reflecting the strong dollar.
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