if i buy an iphone in new york, will i be able to use it in peru?

can i buy the iphone and just change the chip or something when i come home to peru? or does it come with a contract? also is the iphone exactly the same thing as an ipod touch minus the phone? or does it have other functions?

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chip, contract, home, iphone, ipod touch, open, open question, peru, question, something, thing, york

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1. Can i use my US iphone with an official Iphone provider internationally (Peru)?
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