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Real Exchange Rate
The rate at which goods and services of one country can be exchanged for those of another, adjusting for price level differences.
Trade Deficit
The economic condition that occurs when a country imports more goods and services than it exports.
Net Exports
The net amount obtained by subtracting a nation's total imports from its total exports.
Imports
Goods or services brought into one country from another for the purpose of being sold or used, contributing to the domestic supply of products.
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