Global Economy
7
Mitch Murray Block 3
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chapter 3
Transcript of Global Economy
Mitch Murray
Block 3
It is the difference between a countries total exports and total imports.
The value of one country’s currency compared to another.
1.00 USD=14.4653 MXN 1.00 USD=34.6199 RUB 1.00 USD=91.8722 JPY
Balance of payments Economic conditions Political stabilitiy
Location Climate Terrain Seaport And natural resources All affect the business activity of a
country.
Language Family Religion Customs Traditions Food
