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Balance of Payments
A comprehensive record of a country's international transactions over a period, showing the total trade of goods, services, and financial assets between residents and non-residents.
Overall Economic Activity
The total amount of production, consumption, saving, and investment happening in an economy at any given time.
Exports and Imports
Exports refer to goods and services sold by a country to other countries, whereas imports are goods and services bought by a country from other countries.
Gross Domestic Product
The total value of all goods and services produced within a country's borders over a specified period, indicating the size of its economy.
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