Create an account
a company that does business in many countries and has facilities and offices in many countries around the world
favorable exchange rate
when the value of a country's currency goes up compared to another country's
unfavorable exchange rate
when the value of a country's currency goes down compare to another country's
balance of trade
the difference in the value between how much a country imports and how much it exports
governments use to limit competition from other countries (to keep foreign trade out)
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