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Low-Income Countries
Nations with a gross national income (GNI) per capita significantly lower than that of higher-income countries.
Middle-Income Countries
Nations with a gross national income per capita that falls between the World Bank's defined limits for low-income and high-income countries.
Trade Deficit
A situation where a country's imports of goods and services exceed its exports, leading to more money flowing out than coming in.
Defense Equipment
Military and defense-related hardware and technology designed for use by the armed forces and security personnel.
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