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Kai works as a currency exchange trader in the train station of a major city. There are many buyers and sellers in the market for
Kai works as a currency exchange trader in the train station of a major city. There are many buyers and sellers in the market for exchanging currencies; no one of them can affect the market; all the sellers have the same knowledge about currency exchanges; and each charges the same rates for exchanging different currencies. In this case, the currency exchange market most resembles _______
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