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You and a friend are seated in the large auditorium psychology class. There are two students seated right behind you talking about what they did last weekend. You have trouble concentrating on what the teacher is saying, but you picked up on a lot of campus gossip from the conversation going on behind you. At the end of class, you relate to your friend the latest gossip heard during class, but she does not remember hearing any gossip and is really worried about how she will complete the new assignment that the teacher discussed today. You think, "What new assignment?" This explains the difference in your and your friend's
American Products
Goods and services that are produced within the United States.
Flexible Exchange-rate
A currency system where the value of a currency is allowed to fluctuate according to the foreign exchange market without direct intervention by the country's government.
European Euro
The official currency of the eurozone, which is used by many of the European Union's member states as their primary currency.
U.S. Dollar
The sanctioned monetary unit of the United States, commonly employed worldwide as a reference and reserve currency.
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