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:
Explanation:
The ability to communicate across long distances improved dramatically during the Industrial Revolution. It began with the invention of the electrical telegraph by Samuel Morse in 1844. This system allowed for messages to be transmitted much quicker and cheaper than old methods.
Answer:
Mercantilism influence the settlements in North america for obvious reasons. The most common reason is that the certain area provides abundant resources that the government that has settled there has no abundant source of, drained it in their/different territories. They also may have had plenty of resources and wanted to trade more to profit more and havy a even greater economy than they already had! Please mark brainliest :)
Answer:
3795
Explanation:
because if you use Q=P x W you well need ti find Q so first turn 6.9% in ti 0.069 and times it by W which is 55,000 and that well give you the answer