Business, Legal & Accounting Glossary
1. This term seems to be used in many ways, including the following: 2. The portion of an economy or an economic model that includes exports and imports, and perhaps other international transactions. 3. The portion of an economy that is owned by foreigners. 4. The rest of the world, outside of the country being considered. 5. In the accounts of a country, all those involving international transactions.
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This glossary post was last updated: 20th November, 2021 | 0 Views.