Examlex
How did the art and literature of the second half of the seventeenth century reflect the political and social life of that period? Give examples.
Trade Surplus
A situation where the value of a country's exports exceeds the value of its imports over a given period.
Goods
Physical items that satisfy human wants or needs, which can be transferred from one person to another and include both consumer and capital goods.
Services
Intangible products provided to consumers, such as healthcare, education, and financial advising, which do not result in the ownership of anything physical.
Financial Account
A component of a country's balance of payments that records transactions of financial assets between residents and non-residents.
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