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exchanging goods and/or services with the use of money
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What is classification of family into monetary and non-monetary activities?
Monetary activities mean that you have to spend money to do the activity. However, non-monetary means the activity is free. Monetary and non-monetary are classifications for activities.
Which monetary policy can reduce trade deficit?
expansoinary monetry policy can reduce the trade dificit in long run
Why is opportunity cost measured in monetary terms?
To make it different from trade-off
What is a balance of trade?
A balance of trade is the difference between the monetary value of exports and imports in an economy over a certain time period.
What policies is the IMF in favor of?
The IMF or International Monetary Fund, is in favor of policies that help trade relations between countries. Their main goal is to improve trade relations and help to make the monetary units equal in value for exports and imports.
What is mean by Monetary Unit mean?
Dollars cents drachmas euros and rubles are all monetary units.
This is the difference in the monetary value of exports and imports for a country?
Balance of Trade
What is classification of family into monetary and non-monetary activities?
Monetary activities mean that you have to spend money to do the activity. However, non-monetary means the activity is free. Monetary and non-monetary are classifications for activities.
Which monetary policy can reduce trade deficit?
expansoinary monetry policy can reduce the trade dificit in long run
Which international organization was formed to promote monetary cooperation among the world's nations and facilitate the expansion of international trade?
International Monetary System
Why is opportunity cost measured in monetary terms?
To make it different from trade-off
Balance of trade in a sentence?
The balance of trade (or net) is the difference between monetary value of exports and imports of output in an economy.
What is a balance of trade?
A balance of trade is the difference between the monetary value of exports and imports in an economy over a certain time period.
Which international organization was formed to promote monetary cooperation among the world's nations and to facilitate the expansion of international trade?
European Union
What is the Monetary of Canada?
If by "monetary" you mean currency, it is the Canadian Dollar (CAD) which is represented by the symbol $ or C$
What policies is the IMF in favor of?
The IMF or International Monetary Fund, is in favor of policies that help trade relations between countries. Their main goal is to improve trade relations and help to make the monetary units equal in value for exports and imports.
What does the phrase What is it worth to you mean?
It is a question asking how much money would you pay for that item or service. What is the monetary worth of that item or service. What you would be willing to trade or give them for it. Anthony Fraser
