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Which of the following is not included in either M1 or M2?
Specialization and Exchange
The economic strategy where individuals or groups focus on the production of limited kinds of goods to trade for other goods.
Net Exports
The value of a country's total exports minus its total imports; a positive number indicates a trade surplus, while a negative number indicates a trade deficit.
GDP
The measure of all goods and services produced to their final stages within the confines of a country, valued in market or monetary terms over an identified period, defines the Gross Domestic Product.
Joseph Stiglitz
An American economist and a professor at Columbia University, known for his critical view on the management of globalization and neoliberal policies.
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