GUD has various meanings in the Governmental & Military category. Discover the full forms, definitions, and usage contexts of GUD in Governmental & Military.
A product that can be produced, bought, and sold, and that has a physical identity. Sometimes said, inaccurately, to be anything that "can be dropped on your foot" or, also inaccurately, to be "visible." Contrasts with service. Trade in goods is much easier to measure than trade in services, and thus much more thoroughly documented and analyzed.
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