Global Trade Flashcards
1
Q
Net Exports
A
the annual difference between exports and imports
E - I = NE
2
Q
Exchange Rate
A
how much your currency is worth when you trade it for another countries currency
Economics 101 > Global Trade > Flashcards
Net Exports
the annual difference between exports and imports
E - I = NE
Exchange Rate
how much your currency is worth when you trade it for another countries currency