Examlex
The opportunity cost of going to college consists of more than just the tuition that will be paid.
Financial Account
A component of a country's balance of payments that records all transactions for investment in foreign assets and liabilities.
Current Account
Part of a country's balance of payments, including the trade balance, net income from abroad, and net current transfers, reflecting the difference between a nation's savings and its investment.
Balance of Payments
This is a record of all financial transactions made between consumers, businesses, and the government in one country with others.
Managed Floating Exchange Rate
A currency value system that allows its exchange rate to fluctuate in response to the foreign-exchange market but with central bank interventions to stabilize it when deemed necessary.
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