Does "administers a researcher exchange" refer to "supervises a meeting in which researchers from academies of other countries exchange their opinions or information"?
Context:
According to its official website, the Royal Swedish Academy of Sciences "
administers a researcher exchange with academies in other countries and publishes six scientific journals. Every year the Academy awards the Nobel Prizes in Physics and Chemistry, the Bank of Sweden Prize in Economic Sciences in Memory of Alfred Nobel, the Crafoord Prize and a number of other large prizes".[8]
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