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Which of the following is a primary result of the change in the nature of communication as a result of mobile technology?
Exchange Rate
The equivalent value of one currency in another currency.
Open-Economy Macroeconomic Model
A model that analyzes an economy that is engaged in international trade, focusing on the interactions with the rest of the world.
Trade Balance
The difference in value between a country's imports and exports over a given period.
Exchange Rate
The value of one currency for the purpose of conversion to another, affecting how much of one currency can be exchanged for another.
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