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>
Answer:
The elevator revolutionised the Vertical transportation and logistics. Prior to that, even though the usual transportation between places was developed mainly because of the advancements in the vehicle and naval transportation, moving things "up" and vertically was supper difficult. Mainly moving people.
The elevator allowed the development of the Skyscraper. Tall buildings that could house thousands of people and eventually that would become the symbol of America.
Explanation:
New Deal legislation that the court had ruled unconstitutional.
The answer:D France made most of their goods from wood.
Answer:
The French and Indian war is expensive.
Explanation:
Due to the price of the French Indian war the British imposed taxes on the colonies. taxes such as the stamp and tea tax would lead to the american revolution. I hope this helps.
