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When a switch is closed allowing current to flow in coil A, the current induced in a nearby coaxial but unconnected coil B will flow
International Treaty
A formal agreement between two or more countries that is recognized and governed by international law.
International Monetary Fund
A global organization created to foster global monetary cooperation, secure financial stability, facilitate international trade, promote high employment and sustainable economic growth, and reduce poverty around the world.
Devaluation
The official lowering of the value of a country's currency within a fixed exchange rate system, usually to encourage exports.
Nation's Currency
The official money used in a particular country, representing a medium of exchange for goods and services within its economy.
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