International economics

International economics

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

Industry: Economy

Add a new term

Contributors in International economics

Become a Contributors

International economics

Balance of payments argument for protection

Economy; International economics

A common reason for restricting imports, especially under fixed exchange rates, when a country is losing international reserves due to a trade deficit. It can be said that this is a second best ...

Balance on capital account

Economy; International economics

A country's receipts minus payments for capital account transactions.

Balance on current account

Economy; International economics

A country's receipts minus payments for current account transactions. Equals the balance of trade plus net inflows of transfer payments.

1. A government budget surplus that is zero, thus with net tax revenue equaling expenditure. 2. A balanced budget change in policy or behaviour is one in which a component of the government budget, ...

Balanced trade

Economy; International economics

1. A balance of trade equal to zero. 2. The assumption that the balance of trade must be zero in equilibrium, as would be the case with a floating exchange rate and no capital flows. This is a ...

Banana war

Economy; International economics

A trade dispute between the EU and the U. S. Over EU preferences for bananas from former colonies. On behalf of U. S. -owned companies exporting bananas from South America and the Caribbean, the U. ...

Barrier

Economy; International economics

1. Any impediment to the international movement of goods, services, capital, or other factors of production. Most commonly a trade barrier. 2. An entry barrier.