External Value

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External Value

The value of a currency expressed in terms of another currency. For example, if an analyst says one pound is worth two dollars at a given time, he/she is expressing an external value of the pound. This contrasts with expressing a currency in terms of itself (which is especially relevant because of inflation). See also: Purchasing power parity.
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References in periodicals archive ?
David and Robert Rolla were honored as the external Values in Action award winners.
Talking about the "man-made" problems across the world, he said: "Existing education systems are often orientated by the material value, external values. This problem is first created here.
LOV is composed of three variables, namely internal values, external values, and interpersonal values.
He also rejected any attempts to impose external values on Muslims.
Thematic areas of internal and external values resulted from the interviews as motives for selecting agricultural education as their academic major.
In our society, we tend to glorify those who have a lot of money and status, prioritizing external values that don't necessarily make us happy.
While a strong dollar is expected to strengthen the external values of the dollar-pegged currencies, with oil accounting for major share of exports from the region, oil exporters are expected to build up strong trade balances.
The importance of having corresponding internal and external values with strong synergy between corporate message, brand claims and product delivery is critical.
No one is sure where the internal chart came from, but it is thought that when multilayer board constructions became practical, the external values were merely doubled to get values for internal traces.
By focusing too much on external values or "noise," you make it tougher to embrace your own authentic principles.
It is well-known that Althusserian theory opposes such humanist criticism; however, in Problems in Materialism and Culture (1980), which influenced the Birmingham School and other versions of British cultural studies, Williams went on to argue that artistic practices, including popular culture with its huge technology, create their own meanings and values and do not presuppose fixed, external values to which art and artists must conform.

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