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What decision allowed the Soviet Union to eventually gain control of Eastern Europe?
Goods and Services
Physical items that can be purchased (goods) and intangible assistance or activities provided for consumption (services).
Trade Deficits
A situation where a country's imports of goods and services exceed its exports, resulting in a negative balance of trade.
Saving Rate
The portion of income that is not spent on consumption but is saved or invested for future use.
Gold Standard
A monetary system where a country's currency or paper money has a value directly linked to gold; countries agree to convert currency into a fixed amount of gold.
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