International economics

International economics

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

Industry: Economy

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International economics

Conservative Social Welfare Function

Economy; International economics

A social welfare function that takes special account of the costs to individuals of losing relative to the status quo, and that therefore seeks to avoid large losses to significant groups within the ...

Consignment

Economy; International economics

1. Something that is put into the care of another, as when a batch of traded goods is consigned to a shipper for transport to another location. 2. A method of marketing in which the seller entrusts a ...

Console

Economy; International economics

A bond with no maturity date, which instead pays a fixed amount per year forever. Its simplicity makes it a convenient example in textbooks, where it appears much more frequently than in the real ...

Constant elasticity of transformation function

Economy; International economics

A function representing an economy's transformation curve along which the elasticity of transformation is constant.

Constant market share analysis

Economy; International economics

A technique for decomposing the change in a country's trade into components that correspond to holding its market shares constant in various markets. Introduced to international trade by Tyszynski ...

Constant returns to scale

Economy; International economics

A property of a production function such that scaling all inputs by any positive constant also scales output by the same constant. Such a function is also called homogeneous of degree one or linearly ...