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If the purchasing-power parity theory is true, then:
Creditor Beneficiary
An individual or entity that benefits from a contract made between two other parties because of a debt owed to them.
Breach of Contract
The failure to perform any term of a contract, written or oral, without a legitimate legal excuse.
Resident
An individual who lives in a particular place or who has established domicile within a specific area or jurisdiction.
Sewer System
Infrastructure for transporting sewage from buildings to treatment facilities or disposal sites.
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