Examlex
What is the economic way of thinking, and why is it important?
Creditworthiness
An assessment of a borrower's ability to repay debt as agreed, based on factors like credit history, income level, and current debt levels.
Canadian Dollar Appreciates
An increase in the value of the Canadian dollar relative to another currency.
Foreign Currency
Currency used in a country other than one's own, involved in international trade and investment.
Deficit Trade Balance
A situation where a country's imports exceed its exports, resulting in a negative trade balance.
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