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Chapter 16 - Coggle Diagram
Chapter 16
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Hot Money
of the BOE wants the exchange rate to rise, it can put up the rate of interest
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International Trade
the exchange of capital, goods and services across the borders of different countries
Trade Bloc
a group of countries within a particular geographical region that protect themselves from imports and non-members
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Common Market
eliminate internal barriers, adopt common external barriers, allow free movement of resources among members countries
Economic Union
eliminate internal barriers, adopt common external barriers, allow free movement of resources among member countries and a uniform set of economic policies
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