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Table 7.1
-Refer to Table 7.1, which shows data for males and females over 16 years old in the island of Palma. What is the adult male population?
Balance on Goods
Balance on goods refers to the difference between a country's exports and imports of physical products, excluding services.
Services Surplus
Services Surplus describes a situation where the value of exported services of a country exceeds the value of its imported services, contributing positively to its trade balance.
Capital and Financial Account
Refers to parts of the balance of payments where capital transfers, investments, and financial derivatives are recorded.
Money Inflows
Financial resources entering a particular entity, such as a business or country, over a period of time.
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