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>
He set off to a voyage on asia
The anwser is
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Answer: Latinamericans felt themselves inferiors in their own countries. They could not held offices and they did not have full civil rights. In some countries (Brazil) there was a slavery. French and American revolutions translated ideas of Enlightenment (rationalism, constitutionalism, civil, political and human rights).
Explanation: In some Latinamerican countries there was no sufficient schooling and literacy what made the situation a bit difficult. Political and social emancipation took place only between higher, richer and more educated levels of society.
