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Currency Depreciation
A fall in the value of a currency in a floating exchange rate system, meaning it buys fewer units of foreign currency.
Export Revenue
The amount earned when firms sell goods or services abroad.
Import Expenditure
The amount spent when an economy buys goods or services from abroad.
Infrastructure
The physical systems (like transport and communication) needed for an economy to function.
Interest Rate
A percentage that has to be repaid in addition to the value of the loan, or the cost of borrowing.
Leakages
Leakages are withdrawals of money from the circular flow of income, meaning income is not immediately spent within the economy.