Write the Correct Meaning for GTT

question 86

Short Answer

Write the correct meaning for GTT:

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Definitions:

Dollar-Yen Foreign Exchange

The exchange rate between the U.S. dollar and the Japanese yen, indicating how much yen can be exchanged for one U.S. dollar in the foreign exchange markets.

Trade Deficit

An economic condition that occurs when a country imports more goods and services than it exports.

Appreciate

In economic terms, an increase in the value of an asset or currency.

International Value

The worth or significance of goods, services, assets, or currencies when evaluated on a global scale or in more than one country.