Glossary Category: International Trade - Page 5 - 3auk

financial account

A financial account is a record within a country’s balance of payments. It keeps track of the change

Exchange rate policy refers to actions taken by a government or central bank to influence the value of

International trade policy refers to the rules and actions that governments use to regulate the flow of goods

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Imports are goods and services produced in other countries that are bought by residents or businesses within a

Exports are goods and services produced in one country and sold to buyers in other countries, such as

Net exports represent the difference between the total value of a country’s exports (what it sells to other

The average propensity to import (APM) is the percentage of a nation’s total income that is spent on

Supply-side policies are government actions aimed at increasing the productivity, efficiency, and competitiveness of an economy. By improving

Monetary policy, which involves changes in interest rates and the money supply by a central bank, influences a