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University of Michigan
Industry: Education
Number of terms: 31274
Number of blossaries: 0
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A configuration of the European Union in which some of the countries integrate more fully than others. The adoption of the euro by only some of the countries that were then in the EU was the major example of a two-speed Europe. More commonly, the term now refers to changes that would involve some countries pursuing greater political integration.
Industry:Economy
A synonym, not usually used today, for less developed country.
Industry:Economy
1. The condition of being unemployed. Types of unemployment include frictional unemployment, structural unemployment, and cyclical unemployment. 2. A measure of the number of workers who are unemployed. Contrasts with employment.
Industry:Economy
1. Under the GATT this refers only to exports that are subsidized or dumped 2. Under U. S. Law, this also includes various actions that interfere with U. S. Exports. See Section 301 and Super 301. 3. Also used to refer to almost any trade that the speaker objects to, sometimes including that based on low wages or weak regulations.
Industry:Economy
Aid given by one country to another, as opposed to multilateral aid in which countries contribute to an international organization that in turn gives aid to deserving countries.
Industry:Economy
A basic function of money, providing a unit of measurement for defining, recording, and comparing value. I. E. , one dollar signifies not only a one dollar bill, but also a dollar's worth of money in other forms (deposits), of wealth in other forms than money, and of any good or service with a market value.
Industry:Economy
A legal body created in 1966 to formulate and harmonize national rules on international commercial transactions. It includes 36 member states elected by the UN General Assembly, representing various geographic regions and economic and legal systems. It differs from the WTO in its more technical focus and its broad representation.
Industry:Economy
A United Nations regional commission to "promote the economic and social development. . . , foster intra-regional integration, and promote international cooperation for Africa's development. "
Industry:Economy
A bond sold to Japanese retail buyers but denominated in a foreign currency.
Industry:Economy
Any of ego's ancestors or descendants (e. G. , parents, grandparents, children, grandchildren); on the direct line of descent that leads to and from ego.
Industry:Anthropology