AP Macro Unit 6
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Last updated 8:18 AM on 3/24/26
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4 Terms
1
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What is the definition of the balance of payment accounts?
It’s a measurement of the money flowing in and out of a countries financial account records investment asset purchases
2
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What is the definition of Exchange rates?
the price of one nation’s currency expressed in terms of another country's currency
3
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What is the definition of the foreign Exchange market?
It’s the price of one nation’s currency expressed in terms of another currency
4
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What is Credit?
Any transaction causes money to flow into a country
