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A current loop does not experience a net force in a magnetic field. It however, experiences a torque. This is very similar to the behaviour of an electric dipole in an electric field. A current loop, therefore, behaves like a magnetic dipole.
We define the magnetic dipole moment of a current loop to be a vector of magnitude
and direction perpendicular to the plane of the loop (as determined by right hand rule). If the loop has turns, . In a magnetic field, the dipole experiences a torque
The form of torque suggests that in a magnetic field the dipole tends to align parallel to the field. If the orientation of the dipole is at some angle to the field, there must be some potential energy stored in the dipole. This is because, if we wish to bring the dipole from to some arbitrary angle , we have to oppose the torque due to the field and do work in the process.
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