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Financial environment of IB

Horizontales
... policy - a set of tools that a nation's central bank has available to promote sustainable economic growth by controlling the overall supply of money that is available to nation's banks, its consumers, and its businesses
... rate is the rate at which one currency will be exchanged for another currency.
... Woods system - was the first example of a fully negotiated monetary order intended to govern monetary relations among independent states.
... policy - government's revenue and spending decisions
A ... union is when two or more economies (usually sovereign countries) share a common currency or mutually decide to peg their exchange rates to the same reference currency to keep the value of their monies similar.
Verticales
... - is a general increase in the prices of goods and services in an economy.
Currency of Venezuela
Currency of United Arab Emirates
Country, which established CFA Franc