Examlex
You have been asked to explain to a high school class the first law of thermodynamics and how this law affects the students' lives.Using your own words,describe the first law of thermodynamics,and give an example (other than the examples described in the chapter).
Foreign Currency
Currency used in a country other than one's own, involved in international trade and investment.
Deficit Trade Balance
A situation where a country's imports exceed its exports, resulting in a negative trade balance.
Free Market
An economic system where prices for goods and services are determined by the open market and by consumers, with minimal government intervention.
Chinese Yuan
The official currency of the People's Republic of China, used as the medium of exchange in mainland China.
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