International economics

International economics

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

Industry: Economy

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International economics

Multilateral

Economy; International economics

Among a large number of countries, usually including all countries that are members of a large international organization, such as the WTO. Contrasts with bilateral and plurilateral.

Multilateral Agreement on Investment

Economy; International economics

An agreement to liberalise rules on international direct investment that was negotiated in the OECD but never completed or adopted because of adverse public reaction to it. Preliminary text of the ...

Multilateral aid

Economy; International economics

Aid provided by a group of countries, or an institution representing a group of countries such as the World Bank, to one or more recipient countries. Contrasts with unilateral aid.

Multi-level governance

Economy; International economics

A theoretical perspective on the organisation of modern states that acknowledges flexible structures of overlapping jurisdictions, both above and below the national government as well as in a lateral ...

Multinational corporation

Economy; International economics

A corporation that operates in two or more countries. Since it is headquartered in only one country but has production or marketing facilities in others, it is the result of previous FDI.

Metzler diagram

Economy; International economics

A diagram showing the joint determination of savings, investment, and the interest rate in two countries. Invented by Metzler (1960).

Middle product

Economy; International economics

A good that has undergone some processing and that requires further processing before going to final consumers; an intermediate good. Sanyal and Jones (1982) introduced the term, observing that ...