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The process through which an ethnic minority group is absorbed into the mainstream culture but retains certain aspects of its identity is known as what?
Absolute Purchasing Power Parity
A theory that suggests that, in the absence of transaction costs and other barriers, identical goods and services in different countries should have the same price when expressed in a common currency.
Exchange Rate
The amount one currency is valued at when translated into another currency.
Kilogram
The base unit of mass in the International System of Units (SI), equivalent to 1,000 grams or approximately 2.20462 pounds.
Long-Run Exchange Rate
The exchange rate that reflects the underlying fundamentals of an economy over a longer period, free from short-term fluctuations.
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