Create an account
equilibrium exchange rate
the exchange rate at which the quantity of a currency demanded in the foreign exchange market is equal to the quatity supplied
purchasing power parity
between two countries' currencies is the nominal exchange rate at which a given basket of goods and services would cost the same amont in each country
a country's balance of payments on goods and services plus net international transfer payment and factor income
balance of payments on goods and services
the difference between its exports and its imports during a given point
the difference between a country's exports and imports of goods; does not included services
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