- Industry: Education
- Number of terms: 31274
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Aid that is given under the condition that part or all of it must be used to purchase goods from the country providing the aid.
Industry:Economy
A monetary policy that is contractionary, thus with high interest rates for borrowing. Contrasts with easy money.
Industry:Economy
A small tax on international currency transactions, proposed by James Tobin in 1978 to discourage destabilizing short-term international capital movements. Advocates suggest a tax of 0. 1-0. 25% with revenue used for urgent global priorities. Others question enforceability.
Industry:Economy
A measure of the output of an industry or economy relative to the size of all of its primary factor inputs. The term, and its acronym TFP, often refers to the growth of this measure, as measured by the Solow residual. See also Hicks-neutral technical progress.
Industry:Economy
1. Capable of being traded among countries. 2. A good or service that is tradable; with tradables referring to an aggregate of such goods and services.
Industry:Economy
1. To exchange one item for another, one person or firm providing an item (good, service, asset, etc. ) to another person or firm, with the latter providing a different item to the first in return, as payment. 2. To export and/or import. 3. The quantity or value of exports and/or imports.
Industry:Economy
Actually signed on Jan. 3, 1975, this major piece of trade legislation not only renewed and revised the authority to negotiate trade agreements, it also dealt with an expanded list of issues including tariff preferences, unfair trade, the escape clause, and adjustment assistance, and it introduced fast track authority.
Industry:Economy
A program of adjustment assistance for workers and firms in industries that have suffered from competition with imports. In the U. S. , TAA began with the Trade Expansion Act of 1962, and it has been renewed and expanded since then, including as part of the NAFTA.
Industry:Economy
A negotiated agreement among two or more countries to limit or alter their policies with respect to trade. A common type in recent years has been agreements to form preferential trading arrangements.
Industry:Economy
An artificial disincentive to export and/or import, such as a tariff, quota, or other NTB.
Industry:Economy
