Glossary
106 terms defined — economic, geographic, government & more
Exchange Rates
EconomicThe value of one currency expressed in terms of another. Exchange rates affect international trade, investment, and tourism.
Example: The Euro is used by 20 EU member states as their official currency.
Exchange rates
Exports
EconomicGoods and services sold to other countries. Exports are a major component of a country's GDP and trade balance.
Example: China is the world's largest exporter of goods.
Exports
External Debt
EconomicThe total debt a country owes to foreign creditors, including governments, commercial banks, and international institutions.
Example: The United States has the largest external debt of any country.
Debt - external
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