Examlex
Why is it necessary to run a program using test data for input?
Exports and Imports
Describes goods and services sold to other countries (exports) and goods and services purchased from other countries (imports).
Flexible Exchange Market
A foreign exchange system where the value of currencies are determined by market forces without direct government intervention.
Equilibrium Exchange Rate
The exchange rate at which the demand for a currency equals its supply in the foreign exchange market, resulting in a stable market price.
Euros
The official currency of the Eurozone, which is used by 19 of the 27 European Union countries, known collectively as the Euro area.
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