Is an advantage in production of certain goods or services some country has over the others due to peculiarities of climate, education, labour resources and other factors. if a country has an absolute advantage in certain industries, it can produce corresponding goods and services at a lower cost per unit, than competitors.

A special personal account opened with the company by a client. this account is used to offset the obligations of the client and dealer, resulting from the deals concluded under the present agreement

A full list of completed transactions and non-trading operations of a certain trading account

Currency unit in which deposit/withdrawal operations are performed

Proportionate discounts and premiums for forward exchange transactions (orders) with respect to swap transactions during the period of the specific transaction.

The decision of a central bank to adjust domestic economic policy aimed at eliminating imbalances of payments or determining an official exchange rate.

A trading account management algorithm in a form of a program engineered in metaquotes language 4, that sends requests and orders to the server via the client terminal (platform)

Is an information and analytical agency focused on economics. aрљ&m was created in 1990. it has long been a leading informational portal in the field of economics and finance.

Introduced to the financial markets in 1927, an american depositary receipt (adr) is a stock that trades in the united states and is denominated in us dollars but represents a specified number of shares in a foreign corporation. adrs are also freely traded on european markets. adrs can also be listed on major exchanges. it is a tool for raising capital on the us and international markets. adrs can have different names depending on the requirements of a particular market.

The stock exchange that had grown into the second largest securities market in the united states from a small securities house. most of the securities listed on the amex are of small and medium sized companies. its major indices are amex major market index and amex market value index.

Stands for australian meat industry employees’ union. the union represents the interests of workers in the meat industry.

Is a german politician, a leader of the christian democratic union of germany since april 10, 2000. angela merkel has been the chancellor of the federal republic of germany since november 22, 2005, when her party won the 2005 federal election. merkel is the first woman to have become chancellor of germany.

Is the increasing of the overall prices for goods and services during the period of one calendar year.

Is a forum of 21 asia-pacific countries that seeks to promote free trade, investment liberalisation and facilitation across the region, as well as to foster economic growth and strengthen the asia-pacific community.

The simultaneous purchase of an asset on one market and sale on another to profit from a temporary difference in the price.

Is the offer price; the price at which a seller is willing to sell the base currency.

Any item of economic value which is the subject of a trade on a financial market. an asset can be a currency pair with an aim to profit from a difference in its exchange rate.

An order to a dealer or a broker to buy or sell a financial asset at the most desirable price available.