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:
Durante el porfiriato se produjo en México notable crecimiento economico, una considerable expansion de la vías de comunicacion y de los centros urbanos, y una imagen de solidez en el extranjero que el pais no habian logrado obtener hasta entonces.
Answer:
These terms may not have been the most appropriate because people, specifically Indians who discovered what we call America (we know them as American Indians/Native Americans). It was not a "New World" or "discovery" to anyone besides Christopher Columbus and his followers; people already knew about it. A term that may fit what he found better is "learning" or "exploration", but it is important to recognize that he did not find America himself.
