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The World Trade Organization
Parity Ratio
Parity ratio is a measure used in economics to compare the value of one aspect of the market or economy to another, often used in analyses of exchange rates and price levels.
Prices Paid
The actual amount of money exchanged for goods or services.
Prices Received
Prices received pertain to the amount of money sellers get in exchange for their goods or services in the market.
Tripled
To increase threefold or become three times as large in amount or number.
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