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A stock exchange occurs in a centralized location, think Wall Street and the Stock Market. An over-the-counter market does not. Over-the-counter markets are considered less formal compared to exchanges. OTCs are less transparent and operate on fewer rules than exchanges. This can be both good and bad for those involved.
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Augustus brought peace (“Pax Romana”) to the Greco-Roman world. In 27 BCE he nominally restored the republic of Rome and instituted a series of constitutional and financial reforms that culminated in the birth of the principate. As princeps of Rome, Augustus enjoyed enormous popularity.
Answer: The Army National Guard and Air National Guard are US State militaries which report to a State Governor AND the US Federal Government. ... So, US states do not have their own military forces, but the Guard is a state military force.
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es el responsable de la gestión diaria del Estado, concibe y ejecuta políticas y leyes que tienen que ser aplicadas; representa a la nación en sus relaciones diplomáticas; sostiene a las fuerzas armadas y en ocasiones aconseja con respecto a la legislación. En los estados democráticos, el poder.
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