0
What is it the amount of money that a country owes another country called?
Wiki User
∙ 11y agoWant this question answered?
Be notified when an answer is posted
Add your answer:
Earn +20 pts
Price of one country's currency in terms of another country's currency?
Exchange rate is the term that defines how much of country A's money you could buy with a set amount of country B's money.
What is the amount of the quota subscription for a country's membership in the IMF based on?
To join the IMF, a country must deposit a sum of money called a quota subscription, the amount of which is based on the wealth of the country's economy.
What is an amount of money earned on a principal called?
The amount of money earned on a principal called is interest
The amount of money you borrowed is called the what?
The original amount of money borrowed is known as the principal.
What accurately describes the process of currency exchange?
Money from one country is bought using money from another country.
Another word for amount of money you make?
Some synonyms for the amount of money you make are:rate of paysalaryearningsremunerationprofit
What is the amount of money you earn called?
It is called a principal.
The amount of money charged for borrowing money is called?
intrest
What country does not owe money to another country?
Israel and Switzerland
The amount of money borrow is called the?
Principal is the amount of money you borrow. Interest is the fee charged by the lender (or bank) to use their money. The total amount of money you pay back is the principle + interest.
How does specialization encourage trade?
Specialization encourages trade because it is a skill that someone has to make money. When a country has a great amount of a particular product, they specialize in it. If Another Country has the same condition as the first country, they'll specialize in it also. Once that happens, they'll exchange, or trade. So, specialization encourages trade by realizing what another country has!
The terminology hot money is properly defined how?
Hot Money is a financial term that means the flow of funds from one country to another. They are called hot money due to the quick movement in and out of markets.
