Examlex
The traditional view recommends avoidance of integration.
Consumption
The use of goods and services by households, constituting one of the primary components of GDP.
Developing Nations
Countries with a lower living standard, undeveloped industrial base, and low Human Development Index (HDI) relative to other countries.
Industrially Advanced Nations
Countries that have highly developed economies, characterized by significant industrial growth and high levels of income.
Capital Flight
The rapid movement of large sums of money or capital out of a country due to economic or political instability.
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