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When the Dollar Appreciates, the Prices of Imported Inputs

question 179

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When the dollar appreciates, the prices of imported inputs


Definitions:

Bay Of Pigs

The site of a failed invasion of Cuba in 1961 by Cuban exiles with support from the US, aimed at overthrowing Fidel Castro's government.

CIA

The Central Intelligence Agency, a civilian foreign intelligence service of the federal government of the United States, tasked with gathering, processing, and analyzing national security information.

Fulgencio Batista

A military officer and politician who served as the elected president and dictator of Cuba before being overthrown by the Cuban Revolution.

Complete Failure

A situation or attempt that utterly fails to meet its goal or objective, resulting in no successful outcome.

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