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Abraham has completed a diploma in hotel management and plans to start his own bed and breakfast.Which of the following life circumstances has influenced Abraham's decision in the given example?
Exports
Goods or services produced in one country and sold to buyers in another country, contributing to a nation's economy.
Nominal Exchange Rate
The speed at which one form of currency can be traded for another.
Currency
A system of money in general use in a particular country or economic context.
Real Exchange Rate
The value of a currency in terms of another currency, adjusted for differences in price levels between countries.
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