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In the _____ we can exchange without goveremt restrictions.

• free market
• controlled market
• closed market
• regulated market

money given to cover losses and assits nonprofit enterprises.

• loan
• donation
• subsidy

• grant

money value not determined by gold or fixed standard.

• barter system
• floating rate

• financial ratio

• commodity money

______ is a tax that is given as a fixed rate of each unit of a good or service, rather than based on its value.

• Sales tax
• Excise tax
• Property tax
• specific tax

Yet unlike tariffs ____ provide no revenue for the government.

• quotas

• taxes

• dumping

• floating rate

____ is a tangible form of money, which is an intangible syste of value.

• legal tender

• currency

• dollar

• subsidy

____ in France and Germany rose by about 2%.

• exchanges

• exchange rate

• interest rate

• discount

the euro became ____ in 12 European countries on Jan 1, 2002.

• money

• currency

• legal tender

• rate

____ occurs when a country' imports exceed its exports during a given time period.

• balance of trade surplus

• balance of trade decifit

• balance of payment

• surplus

California First Bank is a 77%-owned ____ of Bank of Tokyo.

• subsidiary

• multinational

• global

• company