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Figure 1.2
Using the figure above, identify the labeled part.
-Label J: ______________________________
Export Income
Revenue generated by a country or company from selling goods and services to other countries.
Debt Forgiveness
The cancellation or reduction of the principal amount owed on debt by a creditor, reducing the financial burden on the debtor.
Low-Income DVCs
Developing or underdeveloped countries with low levels of average income per capita, often facing significant economic and social challenges.
G8 Nations
A group of eight major industrialized countries that meet periodically to address global economic issues; originally included Canada, France, Germany, Italy, Japan, Russia, the United Kingdom, and the United States.
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