A. the difference between the amount of money coming into a country from the goods and services it exports, and the amount of money going out for the goods and services it imports
B. the difference in value between the visible exports and visible imports
C. a situation where a country exports more goods than it imports
D. the amount by which the value of a country's imports greater than the value of its exports
E. the coins and banknotes that belong to a particular country
F. an increase in the value of a country's currency
G. a fall in the value of a country's currency
H. (from 1999) the currency of the Euro- pean Economic and Monetary Union
l, a system operating in the European Union stabilize exchange rates bet ween EU member states
J. price at which one currency may be exchanged for another
K. profit made if there is a favourable change in the exchange rate
L. loss made if there is an unfavourable change in the exchange rate
M. exchange rate that a government at- tempts to control and fix in the short term by instructing the central bank to buy or sell foreign exchange reserves
N, an exchange rate that is not manipu- lated by the government or the central bank, but moves according to supply and demand
O. exchange rate quoted for immediate delivery (within two business days)