gross domestic production gdp

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    Trade balances effects upon their nation's GDPs.

    Excerpted from Wikipedia’s “Balance of Trade” article: “Trade balances effects upon their nation's GDPs. Exports directly contribute and imports directly reduce their nation's balance of trade (i.e. net exports). A trade surplus is positive net balance of trade, and a trade deficit is a...
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    • gross domestic production gdp median wage purchasing power trade deficit wages
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    • Forum: Economy

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