International Trade

5 words in this vocabulary list

noun the amount of money in a bank account

verb to make the credits and debits of (an account) equal

  • Maintaining a healthy work-life balance is crucial for overall well-being.
  • I try to juggle work and personal life to find a good balance.
  • I'm all about that work-play balance, you know?
  • Finding the right balance between saving and spending is like walking a tightrope.

yen

noun a unit of currency in Japan, equal to 100 sen

  • The cost of the new equipment is 100,000 yen.
  • I only have a few yen left in my wallet.
  • I need to save up some yen before I can go on vacation.
  • Her love for him is worth more than a million yen.

noun a soft Brexit refers to the UK leaving the European Union but maintaining close ties and cooperation with the EU in areas such as trade and regulations

  • The government is considering the possibility of a soft Brexit to minimize economic disruptions.
  • Some people think a soft Brexit would be better for the country's economy.
  • I heard they might go for a soft Brexit instead of a hard one.
  • Choosing a soft Brexit is like taking a gentler approach to leaving the EU.

noun a measure of purchasing power parity between two currencies based on the price of a Big Mac sandwich in each country

  • The Big Mac Index is a tool used by economists to compare the purchasing power of different currencies.
  • Have you heard of the Big Mac Index? It's a fun way to see how expensive countries are.
  • The Big Mac Index is like the currency cheat code for travelers.
  • The Big Mac Index is like a global economic snapshot through the lens of a fast food burger.

noun a blend of the words 'Greek' and 'economics', referring to the economic situation or policies of Greece

  • The study of Greekonomics involves analyzing the economic policies and practices of Greece.
  • Have you heard about Greekonomics? It's all about how Greece manages its money.
  • Greekonomics is like trying to make a souvlaki out of a gyro - it just doesn't add up!
  • Navigating the complexities of Greekonomics is like solving a puzzle with missing pieces.