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I am learning a nice ELL post, which uses a word "exchange"

I think of this as part of an exchange ...

enter image description here

I was not familiar with this meaning of the word "exchange", so I looked it up on Cambridge Dictionary, and got this definition about "exchange"

a short conversation or argument

I guess the part pointed out by red rectangle is a conversation between A and B and is also an exchange.

Is my understanding right?

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No, they are not interchangeable because exchange represents a more general concept than conversation.

An exchange according to the Cambridge Dictionary

the act of giving something to someone and them giving you something else

A conversation is an exchange where you give and receive words (or information).

But if you want groceries and offer money in exchange, a simple purchase, that act is not a conversation.

A conversation implies an exchange but an exchange does not always imply a conversation.

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  • Thank you. In my OP, the part pointed out by red rectangle is a conversation between A and B and is also an exchange.
    – WXJ96163
    Commented Mar 18, 2020 at 8:54
  • @WXJ96163 I agree with you
    – RubioRic
    Commented Mar 18, 2020 at 8:54

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