Exports

Definition

  • Products and services produced in Canada to be sold in other countries.

Synonyms
transport, shipping, freight

Related Terms and Acronyms

  • Deficit Definition,
    • When expenses surpass income or liabilities surpass assets.
  • Economic Growth Definition,
    • The rate of change in output from one year to the next.
  • Fiscal Deficit Definition,
    • When the government spends more money than it receives in revenue over the course of one year.
  • Gross Domestic Product (GDP) Acronym,
    • The total value of all the goods and services produced by the Canadian economy in a single year.
  • Gross National Product (GNP) Acronym,
    • The value of all goods and services accruing to Canadians in a given year. It equals Gross Domestic Product, plus income of Canadians from foreign production, less income from Canadian production earned by non-residents (such as interest and dividends paid to foreign lenders).
  • Imports Definition,
    • Goods and services produced in other countries and sold in Canada.
  • North American Free Trade Agreement (NAFTA) Acronym,
    • An agreement between the United States, Canada, and Mexico that allows for freer trade between the three countries.
  • Surplus Definition,
    • When an entity's income exceeds its expenses.
  • World Trade Organization (WTO) Company Est. 1995,
    • An organization that promotes free trade between nations.
    Deals with the global rules of trade between nations.
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