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Which concept below is defined as a flow of authority and power from the highest to the lowest levels of the organization?
International Monetary Structure
The system of exchange rates and international payments that enables countries to transact with each other.
Diplomacy
The practice of managing international relations by negotiating, typically by a country's representatives abroad.
Trans-Pacific Partnership
A trade agreement among multiple Pacific Rim countries aiming to enhance trade and economic integration, excluding China.
Pacific-Rim Nations
Countries that are located around the edge of the Pacific Ocean, often involved in regional economic and security collaborations.
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