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International Trade
The exchange of goods, services, and capital among countries and territories, which can lead to increased economic growth and consumer choice.
U.S. Dollar
The official currency of the United States, widely used as a benchmark in global financial transactions.
Appreciates
Refers to an increase in value or price of an asset, currency, or commodity over time.
Purchasing Power Parity
A theory that states prices of goods and services should equalize across countries when expressed in a common currency, meaning a basket of goods should cost the same regardless of the country after accounting for exchange rates.
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