Write the Correct Meaning for Bx

question 30

Short Answer

Write the correct meaning for Bx:

---

Definitions:

Goods And Services

Products and activities offered for sale, including tangible items (goods) and intangible assistance or expertise (services).

Developing Countries

Nations with a lower level of industrialization, lower standard of living, and lower Human Development Index than developed countries.

Former Soviet Union

Refers to the federation of socialist republics that existed from 1922 to 1991, comprising Russia and other neighboring countries.

GNPs

Gross National Products; the total market value of all the final goods and services produced in a country in a given year, plus the net income from foreign investments.