Mitch Murray

Block 3

It is the difference between a countries total exports and total imports.

The value of one country’s currency compared to another.

1.00 USD=14.4653 MXN 1.00 USD=34.6199 RUB 1.00 USD=91.8722 JPY

Balance of payments Economic conditions Political stabilitiy

Location Climate Terrain Seaport And natural resources All affect the business activity of a

country.

Language Family Religion Customs Traditions Food