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>
Depends on the era. If you're talking about WW2, China affected Japans Political development through national competition and past differences. If you're talking about Modern, it would be the same answer. However, if you meant Ancient, then the correct answer would be the war economy system that propagandized the situation to gain base war support.
A stupendous American victory in October 1777, the success at Saratoga gave France the confidence in the American cause to enter the war as an American ally. Later American successes owed a great deal to French aid in the form of financial and military assistance.
To agree on the division of African territory between European powers
