An increase in the exchange value of a country's money in the foreign
exchange market.
The record of transactions affecting the international demand and supply
for a nation's money.
The amount by which the value of a country's exports of goods exceeds or
falls short of the value of its imports of goods.
The balance of trade plus the balance on investment income plus such
items as transactions in services and unilateral transfers.
International financial arrangements that fixed exchange rates and were
built around the International Monetary Fund. It was set up just
before the end of World War 11.
The practice of causing a depreciation of a nation's money for the
purpose of achieving an exchange value lower than that of the monies of competing countries.
See balance on current account.
A decrease in the exchange value of a country's money in the foreign
exchange market.
Lowering the official exchange value of a country's money.
When individual governments try to influence the exchange value of their
money by buying or selling large amounts of foreign exchange.
A deposit of a country's money in a foreign bank which is, therefore,
free of the issuing government's regulations about reserve
ratios, interest rates, and the quality of loans.
The monetary unit of the European Economic Community.
A set of regulations governing licenses required to buy foreign money and
permission to buy luxury imports, to travel abroad, or to buy
foreign securities or other assets.
Causing unemployment to decrease at home and increase abroad by
restricting the import of foreign-made goods.
An active, positive, or surplus balance of trade or payments; the value
of exports exceeding the value of imports.
Foreign exchange rates maintained through government or international
monetary agency intervention.
The money of other countries.
Markets in which the monies of different countries are exchanged (traded)
for one another.
Foreign exchange rates that are free to move up or down in response to
shifts in demand and supply curves arising from the ordinary
operations of international trade and finance.
A system for fixing exchange rates through a country's promise to
exchange its money for a fixed amount of gold.
A creditor country that exports enough capital to balance both return
flows and continuing trade surpluses.
A debtor country that imports goods, especially real capital goods
The money of a country that does not allow it to be freely exchanged for
money of other countries.
An agency established just before the end of World War 11 by the major
trading countries to maintain stable exchange rates and to avoid
competitive depreciations and devaluations.
A policy of government noninvolvement in economic affairs.
A creditor country that tends to live off its income from investments
abroad.
A debtor country that has developed agricultural exports, which turn its
trade balance positive.
When a country's money will buy as much in traded goods abroad as it will
at home.
When the rate of return on a unit of money invested at home is the same
as it would be if that money were converted into the money of a
foreign country and invested there.
Changing the official exchange value of a country's money.
Taxes on imported goods.
A passive or negative balance of trade or payments; an excess of the
value of imports over the value of exports.