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International economics

International trade theories, policies, finances and their effects on economic activities.

Contributors in International economics

International economics

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 ...

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 ...

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.

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