Examlex
Identify and explain the use of the Gini coefficient and global quality of life issues.
Surplus
An excess of something, such as goods, services, or resources, beyond what is needed or used.
Balance of Trade
The difference in value between a country's imports and exports over a certain period.
Exports
Goods or services produced in one country and sold to buyers in another, contributing to a country's economy and trade balance.
Deficit
An economic condition where expenditures exceed revenue.
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