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The Time of a Loan Could Be Expressed in Months

question 62

True/False

The time of a loan could be expressed in months, years, or days.


Definitions:

Net Exports

The disparity between what a nation exports and what it imports in total.

Import Quota

A limit set by the government on the amount or cost of products allowed to be brought into a country from abroad.

Exchange Rate

The value of one currency expressed in terms of another currency.

Net Exports

The difference between a country's total exports and total imports, measuring the value of goods and services it sells to other countries minus what it buys.

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