A country's currency is convertible if it may be freely used in international transactions by citizens of any country. The price of one country's currency in terms of another country's currency. The total value of final goods and services produced within a country. GDP is the most commonly used single measure of a country's overall economic activity. Market forces refer to supply and demand, which determine the allocation of resources and the relative prices of goods, services, and assets in a market economy.
Price controls are limits imposed on the amounts that can be charged for certain goods or services.
The sale of a state-owned enterprise to the private sector. Structural adjustment Adjustment policies accompanied by economic reforms, which aim to achieve sustainable improvements in a country's external payments position and to increase the economy's supply capacity by eliminating structural imbalances and rigidities. The easing or elimination of policies that restrict or distort international trade, including tariffs, import quotas, export subsidies, and restrictive licensing regulations and practices. Transparency Openness, honesty, and accountability in public and private transactions. Wage controls Wage controls are limits imposed on the levels of, or changes in, wages and salaries paid to some or all workers in an economy.