10.3
The value of a nation’s currency in relation to a foreign currency.
What is Exchange Rate
is the process of which a nation improves the economic, political, and social needs of its people.
Development
A measure of how rapidly the a country’s population increases in a year.
Population Growth Rate
Places where foreign businesses could operate and local governments can offer tax incentives to foreign investors.
Special Economic Zones
The value of all monetary transactions between all sectors of a country’s economy.
Relatively low levels of material well-being.
Less developed Countries
Capital that originates in other countries.
Foreign Investments
To sell or transfer government-owned businesses to individuals.
Privatization
This helps foreign companies trade its currency to its employees currency.
What is the Foreign Exchange Market
The total value of all final goods and services produced within the economy in a year.
Per Capita GDP
an agreement between a lending nation and a debtor nation.
Debt Rescheduling
a decrease in the value of a currency.
Depreciation
The exchange rate is determined by supply and demand rather than according to any preset range.
Flexible exchange-rate system
The portion of the population over the age of 15 that can read and write.
Literacy rate
independent groups that raise money to fund aid and development programs.
NonGovernmental Organizations
Nations with a relatively high average of material well-being.
Developed Nation
an increase in the value of a currency.
Appreciation
Indicates the number of deaths that happen in the first year of life per 1,000 live births.
Infant mortality rate
Is capital derived from the savings of a country’s own citizens.
Internal Financing
Is capital derived from the savings of a country’s own citizens.
Internal Financing