Imports And Exports Flashcards by Ollie Gibb | Brainscape

Q

Exports

A

Producing in the country and sellimg nationally

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Q

Imports

A

Sourcing products from different country

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Q

Exchange rates

A

Value of once currency against another

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Q

Floating exchange rates

A

Echange rate variesc

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Q

Fixed echange rate

A

Exchange ate doesnt change

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Q

SPICED

A

Strong pound import cheap expert dear

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Q

Visible account

A

Ajor deficit imports more than exports

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Q

Invisible accounte

A

Surplus, export more than import

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