Saturday, 4 May 2024, 8:40 PM
Site: Bcom International Supply Chain Management
Course: Bcom International Supply Chain Management (IMM)
Glossary: SCS Glossary
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Green CarA green/clean/eco-friendly/environmentally friendly vehicle is a road motor vehicle that produces less harmful impacts to the environment compared to conventional internal combustion engine vehicles running on gasoline or diesel.
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Gross Domestic Expenditure (GDE)Gross domestic expenditure (GDE) indicates the value of spending within the borders of a country. |
Gross Domestic Product (GDP)Gross domestic product (GDP) measures the market value of all final goods and services produced within the boundaries of a country over a period of time (normally one year). |
Gross National Income (GNI)Gross national income (GNI) is a measure of national welfare and is calculated thus: GDP minus foreign factor (primary income) payments plus foreign factor (primary income) receipts. |
Gross ReservesGross reserves refer to borrowing funds to cover the balance of payments deficit. |