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19.2: Build Your Vocabulary
Write a definition for each of the following terms and add it to your personal glossary.
foreign exchange market (FOREX)
exchange rate
balance of trade
balance of payments
free trade
trade barrier
currency manipulation
free trade agreement (FTA)
European Union (EU)
North American Free Trade Agreement (NAFTA)
World Trade Organization (WTO)
General Agreement on Tariffs and Trade (GATT)
International Monetary Fund (IMF)
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