International economics

International economics

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

Industry: Economy

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International economics

Basel capital accord

Economy; International economics

Also known at Basel I, this was an agreement in 1988 by the Basel Committee of central bankers to measure the credit risk of commercial banks and set minimum standards for bank capital in order to ...

Basel II

Economy; International economics

A substantially revised set of standards for capital adequacy of banks, with an agreed text first issued in June 2004.

Beef hormone case

Economy; International economics

A trade dispute that began in 1989 when the EC banned imports of beef from cows that had been injected with growth hormones, arguing that the health effects of these hormones were suspect. The U. S. ...

Benelux

Economy; International economics

1. A word referring to a grouping of the three countries, Belgium, Netherlands, and Luxembourg. Claimed by ''The Economist'' (May 3, 2008) to have been coined in August 1946 by its Belgian ...

Bergsonian social welfare function

Economy; International economics

A social welfare function that takes as arguments only the levels of utility of the individuals in society. Due to Bergson (1938) as interpreted by Samuelson (1981). Also called a Bergson-Samuelson ...

Bias

Economy; International economics

1. Bias of technology, either change or difference, refers to a shift towards or away from use of a factor. The exact meaning depends on the definition of neutral used to define absence of bias. ...