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When lightning strikes, nitrogen molecules, N2, and oxygen molecules, O₂, in the air react to form nitrates, NO₃-, which come down in the rain to help fertilize the soil. Is this this an example of oxidation or reduction?
Balance Of Payments
A statement that summarizes a country’s transactions with the rest of the world, including trade, financial transfers, and investments.
Negative Balance
A situation in financial accounts where the amount spent exceeds the amount available or deposited.
Euro
The common currency in most of Western Europe.
Dollar
The official currency of the United States, also used as a standard monetary unit in many other countries.
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