- Industry: Education
- Number of terms: 31274
- Number of blossaries: 0
- Company Profile:
A country in which most major economic decisions are imposed by government and by central planning rather than by free use of markets. Contrasts with a market economy.
Industry:Economy
A situation or economic model in which a market or markets do not clear, perhaps because something prevents prices from adjusting to discrepancies between supply and demand.
Industry:Economy
A worker not directly engaged in production. In empirical studies of skilled and unskilled labor, data on nonproduction workers are often taken to represent skilled labor.
Industry:Economy
A subsidy that is available to more than a single specific industry and is therefore non-actionable under WTO rules.
Industry:Economy
1. Not capable of being traded among countries. 2. A good or service that is nontradable, with nontradables referring to an aggregate of such goods and services.
Industry:Economy
A good that is not traded, either because it cannot be or because trade barriers are too high. Except when services are being distinguished from goods, they are often mentioned as examples of nontraded goods, or at least they were until it became common to speak of trade in services.
Industry:Economy
A grant financing fund for "climate-change interventions in low-income developing countries," with funds contributed by the Nordic countries: Denmark, Finland, Iceland, Norway and Sweden.
Industry:Economy
