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International Trade 1 - 16

Teacher: Anthony Spera
Across
v. – A government setting the exchange rate of their currency to another currency, instead of letting the world economy decide the exchange rate. The opposite of a Floating Exchange Rate.
v. – to confirm or give approval.
“The commercial balance or net exports (sometimes symbolized as NX), is the difference between the monetary value of exports and imports of output in an economy over a certain period, measured in the currency of that economy.
n. – a loan that is close to default because the borrower has not made payments in 90 or more days. Considered a high risk of the bank losing its money.
– n. – an example serving as a model.
n. – the power to cancel or postpone someone else’s decisions.
Down
expression – to defend something or some idea that you believe in.
n. – a significant change in the model or the way things are done in some field.
n. – the act of getting something such as a right, title, office, etc.
An association of 34 nations that promote growth and trade.
preposition – in relation to, compared with.