(Some definitions)

Wednesday, November 26, 2003 - 11:00

Gross Domestic Product (GDP). The total market value of goods and services produced in the economy within a given period (usually a year) after deducting the costs of goods and services used up in the process of production.

Balance on goods and services. The difference between the value of exports and value of imports of goods and services. If imports exceed exports, the balance is in deficit.

From Green Left Weekly, November 26, 2003.

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From GLW issue 563

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In these days of growing media concentration, Green Left Weekly is a proudly independent voice committed to human and civil rights, global peace and environmental sustainability, democracy and equality. By printing the news and ideas the mainstream media won't, Green Left Weekly exposes the lies and distortions of the power brokers and helps us to better understand the world around us.

Green Left Weekly, launched in 1990 by progressive activists to present the views excluded by the big business media, is now Australia's leading source of local, national and international news, analysis, and discussion and debate to strengthen the anti-capitalist movements.