International economics

International economics

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

Industry: Economy

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International economics

Convention

Economy; International economics

A statement of principle as to acceptable behavior. For example, members of the International labour organisation have agreed to a long list of conventions regarding the acceptable treatment of ...

Convertible currency

Economy; International economics

A currency that can legally be exchanged for another or for gold. In times of crisis, governments sometimes restrict such exchange, giving rise to black market exchange rates.

1. Said of a curve that bulges toward some reference point, usually the horizontal axis or the origin of a diagram. More formally, a curve is convex from below (or convex to something below it) if ...

Corporacion Andina de Fomento

Economy; International economics

A financial institution created to "promote and foster the integration of the Andean region. " It acts as a development bank for Latin America.

Corporate income tax

Economy; International economics

A tax on the profits of corporations. Differences in corporate tax rates across countries can be a cause of foreign direct investment as well as transfer pricing.

Correlation

Economy; International economics

A measure of the extent to which two economic or statistical variables move together, normalised so that its values range from -1 to +1. It is defined as the covariance of the two variables divided ...

Correlation result

Economy; International economics

A theoretical property of models with arbitrary numbers of goods or other variables that takes the form of a correlation among variables rather than a strict prediction for each one. Thus represents ...