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Why are the losers from free international trade not fully compensated for their losses?
Market Interest Rate
The prevailing rate at which borrowers are willing to borrow money and lenders are willing to lend money in the free market.
Money Demand Curve
A graph that shows the relationship between the quantity of money demanded and the interest rate.
Money Demand
The desire or need to hold money as opposed to investing it, influenced by interest rates and economic activity.
Cyclical Unemployment
Unemployment that results from economic recessions and downturns, reflecting a lack of demand for goods and services.
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