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Money value questions and answers

April 30, 2019 admin Comments Off on Money value questions and answers

1. What is meant by “monetary value”? The monetary value (also called purchasing power) refers to the amount of goods or services that can be bought for a monetary unit….

Questions and answers about the gross domestic product

April 30, 2019 admin Comments Off on Questions and answers about the gross domestic product

1. What is meant by gross domestic product (GDP)? A: Gross domestic product (GDP) is the total value of all goods (goods and services) produced within one year within the…

Embargo questions and answers

April 30, 2019 admin Comments Off on Embargo questions and answers

1. What is meant by an embargo? A: The term “embargo” is understood to mean economic sanctions by states or international law associations vis-à-vis individual countries with the aim of…