- Industry: Education
- Number of terms: 31274
- Number of blossaries: 0
- Company Profile:
A political body in which the US and EU seek to cooperate to advance economic integration between the two.
Industry:Economy
A transfer that makes the recipient worse off (i.e., an immiserizing transfer) and/or that makes the donor better off.
Industry:Economy
1. Same as multinational corporation, though for some reason this term seems to be preferred by those who don't like them. 2. A corporation whose national identity is a matter of convenience only, and that will move its headquarters readily in response to incentives.
Industry:Economy
1. The transfer of a cargo from one ship or other form of transport to another. 2. The routing of a shipment through an intermediate port that is neither the origin nor the destination, especially if in a different country than both.
Industry:Economy
A short-term bond issued by a government, usually referring to those issued by the U. S. Government. Considered to carry close to zero risk, countries other than the U. S. Often hold a large portion of their international reserves in the form of U. S. Treasury bills.
Industry:Economy
1. A pattern of trade involving three countries, A, B, and C, in which A exports to B, B exports to C, and C exports to A. Provides a nice example of how bilateral trade can be unbalanced even while each country's overall trade balance is zero. 2. Term used specifically for the slave trade, in which ships often traversed one of several triangular routes. For example they might take slaves from Africa to the West Indies, sugar from the West Indies to New England, and rum from New England to Africa.
Industry:Economy
A flaw in the dollar-based international monetary standard created by the IMF: To provide the growing reserves that other central banks needed to sustain growing economies, the U. S. Needed to run balance of payments deficits that would undermine confidence in the dollar as a reserve asset. Due to testimony before Congress by Robert Triffin in 1960.
Industry:Economy
1. Any choice among three options, each which is unsatisfactory. 2. Three desirable objectives, any two of which preclude the third.
Industry:Economy
An arrangement in which the stock of several companies is controlled by a single entity. When the companies compete in the same industry and together constitute a significant share of that market, the trust can exercise monopoly power. Such arrangements are illegal in most industrialized countries, subject to competition policies or anti-trust policy.
Industry:Economy
