Examlex
What is meant by carry trade? Why is it risky? Explain with an example.
Exports
Products or services traded or sold from one nation to another.
Imports
Purchased goods or services brought into one country from another.
Financial Account
A component of the balance of payments that records transactions of financial assets between a country and the rest of the world.
Current Account Balance
The sum of a country's net income from foreign trade, net current transfers, and net income, often indicating the country's economic health.
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