Համաշխաարհային Ինտեգրված Տնտեսություն (ՀԻՏ)

Համաշխաարհային Ինտեգրված Տնտեսություն (ՀԻՏ)

A hypothetical, theoretical benchmark in which both goods and factors move costlessly between countries. The IWE is associated with a rectangular diagram depicting allocation of factors to countries, showing conditions for FPE. The name was coined by Dixit and Norman (1980), but the concept and technique was introduced by Travis (1964).

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Part of Speech: noun
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Industry/Domain: Economy
Category: International economics
Company: University of Michigan
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