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Miranda Started a Small Craft Business in Her Home Three

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Miranda started a small craft business in her home three years ago.Last year she finally moved her business into a small store along her town's main street.Last Saturday,most of her store's stock was destroyed as firefighters fought a fire that had started in the vacant office next to her store.As Miranda walks through her ruined store,she is most likely to experience a sense of


Definitions:

U.S. Dollars

The currency of the United States, widely used as a benchmark and reserve currency around the world.

Currency Market

Also known as the foreign exchange market, it's a global decentralized market for the trading of currencies.

Supply of British Pounds

The total amount of British pounds (GBP) available for transactions and investment in the currency markets.

Appreciation

An increase in the value of an asset, currency, or other financial instrument over time.

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