This bingo card has 3 images, a free space and 24 words: When there is more imports than exports (X - M ) < 0, The consumer will have more choices, International trade in services. (such as insurance, and banking), Trade of physical products including natural services, (such as crude oil, and cars), Indicator economy's health, Capital account, Price for which the currency of a country can be exchanged for another country's currency., finance deficit in current account, Intentionally lowering the value of a country's currency within a FED, a reduction in the value of an asset, made by the market., More variety of goods in an economy, When the amount of export is equal to the amount of imports. (X-M) : 0, More supply than demand, or having more exports than imports, More variety of foreign goods., The country is not exporting enough so they are wasting more that what they win, Depending on one certain good and make the best out of it., Trading the same amount of exports than imports (X-M) : 0, Tariffs, Local companies have a higher competition, and country becomes dependent They implement barriers to trade., No, pegged float exchange rate, Increased exports so the economy will grow., To increase exports and imports a rise in the value of one currency against other. and When there is deficit happening..
Eco | Economics | Econ Unit 7 Bingo | Economics | Economics Bingo
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