Lesson 60 (revise0 Flashcards

1
Q

GNI

A

gross national income

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2
Q

GNI includes net …

A

net flow of incomes

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3
Q

Net flow of incomes

A

Money being sent to relatives in poorer countries

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4
Q

Purchasing power parity

A

a UN mechanism

designed to reflect the purchasing power of countries more accurately

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5
Q

Informal sector

A

unregulated transactions

e.g. buying and selling drugs

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