Material Product System definition

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Material Product System

Material Product System logo #21000 Material Product System (MPS) refers to the system of national accounts used in the former Soviet Union and the Eastern Bloc countries until around 1990, as well as in China 1952-1992. The MPS has now been replaced by the UNSNA accounts in most countries that used MPS, although some countries such as Cuba and North Korea have continued to use MPS ...
Found on http://en.wikipedia.org/wiki/Material_Product_System
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