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DEVALUATION of a currency with a fixed exchange rate On the BALANCE OF PAYMENTS current account. It is based on the observation that initially after devaluation, before there can be responses to the changed import and export prices, the total cost of imports will be higher and the total value of exports lower. An appreciation of a currency, conversely, will produce an inverted J-curve. The curve plots the balance of payments current account balance against time (in the figure, td is the date at which devaluation occurs).
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green stripe price (G1)<br />A stock market price on a visual display unit of the STOCK EXCHANGE AUTOMATED QUOTATION SYSTEM showing the best price quoted by any market-maker for small transactions in a particular stock.
nominal income (DO) see money income nominal tax rate (H2)<br />The published rate of tax on a good, income or capitaL The whole burden of such taxes is often reduced by tax allowances or credits.
<strong>Due diligence</strong> – The collection procedures required to attempt to satisfactorily resolve a delinquency and prevent a default in accordance with federal regulations.
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