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What Is the Balance of Trade? Why Is It Important

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What is the balance of trade? Why is it important? How does it affect domestic politics?


Definitions:

High-Side Pressures

The pressure measurements found in the high-pressure side of systems such as air conditioning units, crucial for diagnosing system performance.

Low-Side Pressures

Pressures measured in the low-pressure side of a system, particularly in cooling and refrigeration circuits, indicating the system's status and efficiency.

Damaged Compressor

A compressor that has experienced failure or impairment, affecting its ability to pressurize and circulate refrigerant in HVAC systems or other machinery.

Latent Heat

The amount of heat energy required to change a substance from one state to another: a key principle of refrigeration physics. See also latent heat of condensation and latent heat of vaporization.

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