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Smooth muscle
Eurobond
International bonds issued in multiple countries but denominated in a single currency (usually the issuer’s currency).
Foreign Bond
A bond issued in a country by a foreign entity, denominated in the issuing country's currency.
Absolute Purchasing Power Parity
A theory in economics that suggests that in the absence of transaction costs and official barriers, the price of identical products sold in different countries should be the same when translated to a common currency.
Trade Barriers
Measures implemented by governments to restrict international trade, often aimed at protecting domestic industries.
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