International economics

International economics

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

Industry: Economy

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International economics

Money overhang

Economy; International economics

A money supply that is larger than people want to hold at prevailing prices, perhaps because of shortages or rationing of goods in the past. This was said to be a major cause of inflation in Russia ...

Monopolistic competition

Economy; International economics

A market structure in which there are many sellers each producing a differentiated product. Each can set its own price and quantity, but is too small for that to matter for prices and quantities of ...

Multinational enterprise

Economy; International economics

A firm, usually a corporation, that operates in two or more countries. In practise the term is used interchangeably with multinational corporation.

Mussa diagram

Economy; International economics

1. The specific factors model diagram, as attributed to Mussa (1974). 2. A diagram for explicating properties of the 2-factor Heckscher-Ohlin Model introduced by Mussa (1979). With factor prices on ...

Nabucco Pipeline

Economy; International economics

A pipeline planned to carry natural gas from the Georgian/Turkish and/or Iranian/Turkish border across Turkey, Bulgaria, Romania, and Hungary to Austria. Construction is scheduled to begin 2011 and ...

National

Economy; International economics

1. Of, relating to, or belonging to a nation. 2. A person who is a citizen or long-term resident of a nation.

National Bureau of Economic Research

Economy; International economics

A nonprofit, nonpartisan organisation based in Cambridge, MA, that assembles economic data and sponsors economic research. Its Business Cycle Dating Committee also is traditionally responsible for ...