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EURION - GDP Demystified
EURION - GDP Demystified
Often you must have come across the term GDP growth as a barometer for economic
growth of a nation. In layman terms, the higher this rate, the better the economy is
believed to be performing and vice-versa. But, what is GDP? Gross Domestic Product,
or GDP, is defined as all final goods and services produced in an economy in a year,
measured at market prices.
Net Exports: This component is the net of exports and import in the country for the
year under study. High net exports is a healthy sign, as it helps in driving business
activity on the back of demand, over and above the domestic one, earning valuable
foreign exchange and enhancing money supply.