- Industry: Education
- Number of terms: 31274
- Number of blossaries: 0
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A good that is regarded by its demanders as identical to another good, so that the elasticity of substitution between them is infinite.
Industry:Economy
A requirement that an importer or exporter achieve some level of performance, in terms of exporting, domestic content, etc. , in order to obtain an import or export license.
Industry:Economy
A license issued by government granting permission to engage in some activity, such as to export, import, or invest.
Industry:Economy
A program of the European Union providing financial assistance to countries of Central and Eastern Europe prior to their accession to the EU.
Industry:Economy
An agreement reached in 1985 among the central banks of France, Germany, Japan, US, and UK to bring down the value of the U. S. Dollar, which had appreciated substantially since 1980. By the time of the Louvre Accord, two years later, the dollar had fallen 30%.
Industry:Economy
Among several countries -- more than two, which would be bilateral, but not a great many or all, which would be multilateral.
Industry:Economy
A deliberate act of government that in some way alters or influences the society or economy outside the government. Includes, but is not limited to, taxation, regulation, expenditures, and legal requirements and prohibitions, including in each case those which affect international transactions.
Industry:Economy
A particular type of policy that can be used in varying degrees or intensities. The context is usually one of trying to achieve several objectives with two or more policy instruments.
Industry:Economy
1. Early name for the discipline of economics. 2. A field within economics encompassing several alternatives to neoclassical economics, including Marxist economics. Also called radical political economy. 3. A field within economics that concerns the interactions between political processes and economic variables, especially economic policies.
Industry:Economy
A country that, because of its weak or poorly enforced environmental regulations, attracts industries that pollute the environment.
Industry:Economy
