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______ Is a Trading Status That Describes a Condition in Which

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______ is a trading status that describes a condition in which a country grants other countries favorable trading treatment such as a reduction of import duties.


Definitions:

Philippines

An archipelagic country in Southeast Asia, consisting of more than 7,000 islands, known for its rich biodiversity and complex history of colonization and resistance.

Roosevelt's Inauguration

The ceremony marking the beginning of Franklin D. Roosevelt's presidency, first occurring on March 4, 1933, where he addressed the issues of the Great Depression and outlined his New Deal.

Katyusha Rocket Launchers

A type of rocket artillery system first developed by the Soviet Union during World War II, known for its powerful barrage capability and mobility.

Cavalry

Military units or forces that fought on horseback, traditionally important for reconnaissance, charging, and flanking maneuvers in warfare.

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