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>
Genesis is an account of the creation of the world and the origins of the Jewish people. It is divisible into two parts, the primeval history and the ancestral history.
The graphic above represents people and events from which era -revolutionary
<span>D. It was an ecological transformation.</span>
Columbian Exchange was the introduction of Old World plants and animals into the New World and the other way. An example of this was the introduction of tomatoes and potatoes to Europe.
