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If statements in Microsoft Word templates are used to compare two values and display document content based on the comparison result. If fields are useful for dynamically comparing the values of composer merge fields. For example, you can display domestic shipping rates on the invoice if the account billing country is equal to USA. If the account billing country is not equal to USA, you can display international shipping rates. If statements have components like expressions, operators, true text, and false text to conditionally show or hide shipping information based on the account billing country.