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A path diagram is absolutely necessary for causal modeling analysis.
Foreign Assets
Investments or property owned by individuals or entities in countries other than their own, including stocks, bonds, and real estate.
Domestic Assets
Assets located within a country's borders and denominated in the country's legal tender.
Exports
Goods or services produced in one country and sold to buyers in another country, contributing to a nation's economy.
Nominal Exchange Rate
The speed at which one form of currency can be traded for another.
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