- Industry: Education
- Number of terms: 31274
- Number of blossaries: 0
- Company Profile:
A subsidy that is available to more than a single specific industry and is therefore non-actionable under WTO rules.
Industry:Economy
1. Not capable of being traded among countries. 2. A good or service that is nontradable, with nontradables referring to an aggregate of such goods and services.
Industry:Economy
A good that is not traded, either because it cannot be or because trade barriers are too high. Except when services are being distinguished from goods, they are often mentioned as examples of nontraded goods, or at least they were until it became common to speak of trade in services.
Industry:Economy
A grant financing fund for "climate-change interventions in low-income developing countries," with funds contributed by the Nordic countries: Denmark, Finland, Iceland, Norway and Sweden.
Industry:Economy
A good the demand for which rises with income if relative prices do not change. Contrasts with inferior good.
Industry:Economy
A model of interaction between a multinational enterprise and a host country government, which initially reach a bargain that favors the MNE but where, over time as the MNE's fixed assets in the country increase, the bargaining power shifts to the government. Due to Vernon (1971).
Industry:Economy
A curve showing, for a two-good model, the quantity of one good that a country will export (or "offer") for each quantity of the other that it imports. Also called the reciprocal demand curve, it is convenient for representing both exports and imports in the same curve and can be used for analyzing tariffs and other changes.
Industry:Economy
An approximate linear relationship between unemployment and real GDP, proposed by Arthur Okun: that for every percentage point drop in the unemployment rate, real GDP rises 3%.
Industry:Economy
