Exports refer to any good, commodity or service sold to a foreign country. For example, Saudi Arabia, the world
Exports
Related Terms
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A petrocurrency is a currency of an oil-producing country whose oil exports as a share of total exports are sufficiently large enough that the currency’s value rises and falls along with the price...
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Free trade, in theory, is the ideal situation in which individuals and companies in different countries can buy and sell goods to and from each other without any interference from governments. Free...
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GDP stands for Gross Domestic Product. GDP is the total value of the goods and services produced in a country over a specified period. It is one of the most comprehensive and closely watched...
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A commodity is a raw or unprocessed material that can be bought or sold and is used to make something else that eventually is consumed. Commodities are used as materials in the production of goods...
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Forex stands for “foreign exchange” and refers to the buying or selling of one currency in exchange for another. While it is called “foreign” exchange, this is just a relative term. The terms...