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MATCHING Match Each Item with the Correct Description Below

question 1

Multiple Choice

MATCHING
Match each item with the correct description below.

-Cannot be easily translated literally to find their meaning


Definitions:

Current Account

The section of a nation’s international balance of payments that records its exports and imports of goods and services, its net investment income, and its net transfers.

GDP

Gross Domestic Product, the total market value of all final goods and services produced within a country in a specific period.

Devaluation

Government policy that lowers the nation’s exchange rate so that its currency is worth less than it had been relative to foreign currencies.

Currency

Coins and paper money that serve as a medium of exchange.

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