Development

Define: Development

• Development means becoming better, stronger and more advanced

• Development means becoming weaker, stronger and more advanced

Countries that have achieved a high level of development are often called?

_______, the amount by which the cost of imports exceeds the value of exports

_____money paid by the government to local farmers or suppliers to make their prices lower or cheaper than imported goods

______It occurs when the income received from exports does not equal to the costs of imports

What are the three main aspects of development

Measures that make it more difficult for other countries to export their products into the country that imposes _______

What does BRICS stand for?