Examlex
A deferred annuity is an annuity for which the first payment is delayed until a future period.
Bretton Woods System
A monetary management system that established the rules for commercial and financial relations among major industrial states after World War II, introducing fixed exchange rates and laying the foundation for modern international monetary systems.
Trade Surplus
Occurs when the value of a country's exports exceeds the value of its imports.
U.S. Dollar
The official money of the United States, commonly utilized as a standard and reserve financial instrument globally.
Imports
refer to goods or services purchased from other countries, which are brought into a country to meet domestic demand or for further processing.
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