Examlex
In the gold standard,trade imbalances were corrected by a transfer of _______ in the direction of the surplus.
Letter of Credit
A document issued by a bank guaranteeing a buyer's payment to a seller within a specific timeframe and for a specific amount.
Cash Balances
The amount of cash or cash equivalents that a company or individual holds at a given time.
Marketable Securities
Financial instruments that can be easily converted into cash at a fair market value.
Accounts Receivable
Accounts receivable represent money owed to a company by its customers for goods or services that have been delivered but not yet paid for.
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