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Describe the various local government structures in the United States.
Imported
Goods or services brought into a country from abroad for sale, contrasting with domestic products or services.
Producer Surplus
The discrepancy between what sellers are prepared to accept for a product or service and the actual amount they end up receiving.
Trade
The exchange of goods, services, or both between two or more parties across different geographies or markets.
World Price
The global equilibrium price of a good or service, determined by worldwide supply and demand.
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