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Weather data necessary for forecasting includes barometric pressure, surface air temperature, dew-point temperature, wind speed and direction, and precipitation patterns.
Goods Surplus
A situation in which the quantity of goods supplied exceeds the quantity demanded at a given price, often leading to price reductions.
Goods Exports
The process of exporting goods that are made within a country to different countries for the purposes of selling or trading.
Goods Imports
The purchase of physical products from other countries to bring into one's own country.
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