The physical development of a country

The difference between wants and needs and available resources

A system which a country's government makes all economic decisions

The output per worker hour that is measured over a defined period of time

Rising Prices

Exchange of goods and services among nations

The difference in value between exports and import

The commercial exchange between nations that is conducted on free market principles with out any regulations

Total ban on specific goods coming into or leaving a country

Large corporations that have operations in several countries

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