![](/template/termwiki/images/likesmall.jpg)
Home > Industry/Domain > Economy > International economics
International economics
International trade theories, policies, finances and their effects on economic activities.
Industry: Economy
Add a new termContributors in International economics
International economics
![](https://accounts.termwiki.com/thumb1.php?f=occupy+wall+street.jpg&width=150&height=100)
Occupy Wall Street
Economy; International economics
A demonstration protesting the negative corporate influence over U.S. politics and a lack of legal repercussions over the global financial crisis that triggered bank bailouts, foreclosures and high ...
export substitution
Economy; International economics
1. Export promotion; thus the substitution of production for export in place of production for the domestic market. Contrasts with import substitution. 2. Export of more processed forms of a good ...
balance of payments surplus
Economy; International economics
A number summarizing the state of a country's international transactions, usually equal to the balance on current account plus the balance on financial account, but excluding official reserve ...
![](https://accounts.termwiki.com/thumb1.php?f=tragedy+of+the+commo-1358934288.jpg&width=150&height=100)
The tragedy of the Commons
Economy; International economics
Shared resource will benefit their biggest, even though they know it is not acting in the best interests of society as a whole of individuals dried up. Is derived from the prisoner's dilemma. It was ...
![](https://accounts.termwiki.com/thumb1.php?f=33a0d59e-1386043171.jpeg&width=150&height=100)
queue jumping economy
Economy; International economics
A queue jumping economy is an economy in which individuals are actively finding ways to get ahead in a manner similar to queue jumping. It's a concept that attempts to explain why some economies grow ...
dynamic comparative advantage
Economy; International economics
A changing pattern of comparative advantage over time due to changes in factor endowments or technology.
liberalization
Economy; International economics
1. The process of making policies less constraining of economic activity. 2. Reduction of tariffs and/or removal of nontariff barriers.