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The bullwhip effect:
Foreign Debts
Obligations owed by a country to foreign creditors, often in the form of loans or bonds, which must be repaid in the currency in which they were issued.
Domestic Manufacturing
The production of goods within a country's borders, emphasizing the role of local industries and labor.
Foreign Trading
The act of buying and selling goods and services between different countries, also known as international trade.
Spot Exchange Rate
Buying foreign currency at present-day rates in anticipation of future transactions.
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