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If a manager clearly and articulately verbalizes instructions to a subordinate, communication has taken place.
Gold Certificates
Certificates that were once issued by the United States government, representing a specific value of gold bullion held by the Treasury.
Trade Deficits
A situation where a country's imports exceed its exports, resulting in a negative balance of trade.
Current Account Deficits
A situation where a country spends more on foreign trade than it is earning and borrows capital from foreign sources to make up the difference.
International Gold Standard
A monetary system where the value of a country's currency or paper money was directly linked to gold.
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