Open Economyan economy that interacts freely with other economies around the worldClosed Economyan economy that does not interact with other economies in the worldImportsgoods and services brought into a nation from another nationExportsGoods and services sold to other countriesBalance of Tradethe difference between a country's total exports and total importsCurrent AccountThat part of the balance of payments recording a nation's exports and imports of goods and services and transfer paymentsTrade DeficitAn excess of imports over exportsTrade Surpluswhen a country exports more than it importsCapital Accountthe measure of the buying and selling of assets between countries.Loadable Fundsis the sum total of all the money people and entities in an economy have decided to save and lend out to borrowers as an investment rather than use for personal consumption.Exchange RateThe measure of how much one currency is worth in relation to another.Appreciate<span>to increase in value</span>
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The Election Commission is regarded as the guardian of elections in the country. In every election, it issues a Model Code of Conduct for political parties and candidates to conduct elections in a free and fair manner. ... The election commission has the right to allow symbols to the political parties.v
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advise
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The cabinet is made up of secretaries who advise the president on different things.
South African nationality<span> has been influenced primarily by the racial dynamics that have structured </span>South African<span> society throughout its development. The country's colonial history led to the immigration (or importation) of different racial and ethnic groups into one shared area. Power dispersion and inter-group relations led to European dominance of the state, allowing it to directly shape </span>nationality<span> although not without internal division or influence from the less empowered races.</span>
