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EU
The European Union, a politico-economic union of 27 member states that are located primarily in Europe.
Euros
The European Union's official currency, used by 19 of the 28 EU member countries, known collectively as the Eurozone.
U.S. Dollar
The U.S. Dollar is the official currency of the United States, widely used as a benchmark in global financial markets.
Comparative Advantage
The ability of an entity to produce goods or services at a lower opportunity cost than others, leading to more efficient trade and production distribution.
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