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The rule stating that witnesses should, in general, state facts based on personal knowledge rather than inferences or conclusions drawn from such facts is
Net Capital Outflow
The difference between the domestic country's sale of assets to foreigners and the domestic purchases of foreign assets, over a given period of time.
Euros
The official currency of the eurozone, used by 19 of the 27 European Union member countries, represented by the symbol €.
Nominal Exchange Rate
The current market price at which one currency can be exchanged for another.
Real Exchange Rate
The rate at which two currencies can be exchanged for each other, adjusted for inflation, which represents the true purchasing power.
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