Examlex
An all-or-none response pattern is characteristic of the
Exports
Goods or services sent from one country to another for the purpose of trade.
Purchasing Power Parity
An economic theory that compares different countries' currencies through a "basket of goods" approach, suggesting that exchange rates should adjust to equalize the price of identical goods in different countries.
Price Level
An overall average price for varied goods and services produced within the economic system.
Dollar Appreciate
The increase in value of the US dollar relative to other currencies in the foreign exchange market.
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