Examlex
The ________ loan is based not on creditworthiness,but on the borrower's reputation and reliability.
International Trade
The exchange of goods and services between countries.
Current Account
An account of a country’s exports and imports of goods, services, and income.
Balance of Trade
The difference between the monetary value of a nation's exports and imports over a certain period. A positive balance means more goods were exported than imported, and vice versa.
World Trade Organization
An international body that deals with the rules of trade between nations, aiming to ensure trade flows as smoothly and predictably as possible.
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