- Industry: Education
- Number of terms: 31274
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A program for the temporary importation of goods into Mexico without duty, under the condition that they contribute -- through further processing, transformation, or repair -- to exports. The program was established in 1965, and expanded in 1989.
Industry:Economy
1. The edge. In economics it usually refers to the last (in terms of quantity, not of time) unit consumed or produced by a consumer or firm. 2. A gap between one number and another, such as a dumping margin or injury margin.
Industry:Economy
1. The extent to which one person or group is given more favorable treatment than others. 2. The percentage by which particular imports from one country are subject to lower tariffs than the MFN rate, as in a preferential trading arrangement.
Industry:Economy
1. Loosely, the extra that you get in return for doing more of something. 2. Marginal product.
Industry:Economy
1. The belief that marginal analysis provides a useful theory of economic behavior. 2. The belief that economic value reflects marginal utility.
Industry:Economy
1. The interaction between supply and demand to determine the market price and corresponding quantity bought and sold. 2. The determination of economic allocations by decentralized, voluntary interactions among those who wish to buy and sell, responding to freely determined market prices.
Industry:Economy
A country in which most economic decisions are left up to individual consumers and firms interacting through markets. Contrasts with central planning and non-market economy.
Industry:Economy
1. Ability of a firm or other market participant to influence price by varying the amount that it chooses to buy or sell. 2. Ability of a country to influence world prices by altering its trade policies.
Industry:Economy
