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How do professional bodies and codes of ethics help in deterring frauds?
Imports
Goods or services brought into one country from another for the purpose of being sold or used, contributing to the domestic supply of products.
Trade Deficit
Occurs when a country's imports of goods and services exceed its exports, leading to a negative balance of trade.
Net Capital Outflow
Disparity in investment activities, with locals buying assets internationally, in contrast to foreigners buying domestically.
Net Exports
The net amount obtained by subtracting a nation's total imports from its total exports.
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