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What is the difference between TOFC and COFC service?
U.S. Dollars
The official currency of the United States, widely used as a benchmark and reserve currency globally.
Trade Deficit
Occurs when a country's imports exceed its exports during a specific period, indicating a negative balance of trade.
Billion
A numerical value representing one thousand million (1,000,000,000).
Dollar-Denominated Assets
Financial assets such as bonds, stocks, or bank deposits that are measured in U.S. dollars.
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