International economics

International economics

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

Industry: Economy

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International economics

Sanction

Economy; International economics

1. To approve or give permission for an action, as when an international organisation sanctions the use of particular economic policies. 2. A coercive measure used by a nation or group of nations ...

Schedule

Economy; International economics

1. A list. See tariff schedule. 2. A graph of a list of data; thus also a curve. See demand schedule.

An agreement (later, convention) signed in 1985 to remove all frontier controls and permit free movement of persons between the participating countries. In 1999 it was incorporated into the European ...

Screwdriver plant

Economy; International economics

A factory that only assembles a product, from parts that were produced elsewhere. When FDI consists only of screwdriver plants, the host country often objects that it employes only low-skilled ...

Reserve currency

Economy; International economics

A currency that is used as international reserves, often because it is an intervention currency. See also seigniorage.

Reserves

Economy; International economics

1. International reserves of a government or central bank. 2. Amounts held by commerical banks in their vaults or on deposit with the central bank as backing for deposits.