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

Bilateral aid

Economy; International economics

Aid from a single donor country to a single recipient country, in contrast to multilateral aid.

Binding

Economy; International economics

1. As an adjective, this refers to a restriction that is met exactly, and is therefore having an effect on behavior, in contrast to nonbinding. 2. As a noun, see tariff binding.

A special category of subsidies permitted under the WTO Agriculture Agreement, it includes payments that are linked to production but with provisions to limit production through production quotas or ...

Bond

Economy; International economics

A debt instrument, issued by a borrower and promising a specified stream of payments to the purchaser, usually regular interest payments plus a final repayment of principal. Bonds are exchanged on ...

Boom-bust cycle

Economy; International economics

A pattern of performance over time in an economy or an industry that alternates between extremes of rapid growth (booms) and extremes of slow growth or decline (busts), as opposed to sustained steady ...

Border effect

Economy; International economics

A discontinuity that exists in prices or in quantities of trade at the border between countries. If the price of a good is higher on one side of a border than the other, this is a border effect. If a ...

Border protection

Economy; International economics

1. In the context of trade policy, this refers to policies such as tariffs and quotas that enhance profits and employment in a domestic industry, as opposed to other policies such as production ...