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Is Irish people spending they're money in foreign countries called invisible exports?
Wiki User
∙ 10y ago
No. An invisible export is Irish companies selling services to other countries. No physical products are involved, so it can be things like financial services or tourism.
Wiki User
∙ 10y ago
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Why do few Latin American countries have control over their economies today?
Because all of them are developing countries with a chronic dependence on developed markets as receivers of exports and providers of foreign investment.
What is foreign spending?
money that we spend for foreign affairs and other such things.
Definition of foreign trade?
Foreign trade is defined as trades made between different countries. The trades can be goods, research, or services.
What is foreign exchange revaluation?
When a country/Reserve bank changes the value of a currency. The currency is usually devalued to make exports more competitive. Usually associated to countries with high inflation and political unrest.
What would an appreciating US dollar compared to the Euro do to US imports exports and GDP?
an appreciating US dollar relative to foreign currencies provides that more units of foreign currency will be needed to buy one USD. As a result US exports become more expensive to countries using alternative currencies, which reduces demand for US exports. On the other hand the USD will now buy more units of foreign currency, making goods denominated on those currencies less expensive on a relative basis. The enhanced ability of the USD to purchase goods denominated in foreign currencies increases the demand of foreign goods and increases imports to the US. Ultimately GDP will decline in an atmosphere of an appreciating USD.
Which act banned all imports and exports from foreign countries?
embargo act
The law passed by the Republican Congress in 1807 which banned imports and exports to all foreign countries was called the?
The Embargo Act.
What is law passed by the Republican Congress in 1807 which banned imports and exports to all foreign countries?
Embargo Act of 1807
Why do few Latin American countries have control over their economies today?
Because all of them are developing countries with a chronic dependence on developed markets as receivers of exports and providers of foreign investment.
Which duty is applied by a government to control the exports of a commodity so dat the commodity can be used by the local markets than in foreign countries?
Custom duty
How did high US tariffs effect the economy during the 1920s?
Foreign countries could not afford to buy U.S. exports or repay U.S. loans.
What do Latin American countries depend on to obtain goods and foods they cannot produce?
In order to get imports -- which are paid in foreign, "hard" currency such as US dollars or European euros -- Latin American countries need to export resources or other goods to attain such foreign currency. For example, to pay for motor vehicles, Chile exports raw copper; to pay for computers, Brazil exports soybeans, and do on.
What is more important to an economy exports or foreign capital inflow?
I think exports reduces the Balance of payment while foreign capital inflow increases the Balance of payments.
What is more important to an economy-exports or foreign capital inflows?
I think exports reduces the Balance of payment while foreign capital inflow increases the Balance of payments.
Definition of foreign policy?
Foreign policy is the practices associated with a government's handling foreign nations. Nations can change their foreign policies at any time with the right votes.
What is foreign spending?
money that we spend for foreign affairs and other such things.
Why do other countries depend on the USA's GDP?
United States GDP consists of mostly consumer spending(approx 70%).Consumer products are now almost exclusivley manufactured in foreign countries.
