3 Terms
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International economics
International trade theories, policies, finances and their effects on economic activities.
Industry: Economy
Add a new termContributors in International economics
International economics
Welfare criterion
Economy; International economics
A basis, usually quantitative, for judging whether one state of the world or of an economy is better than another, for use in welfare economics and in evaluation of policies.
Welfare state
Economy; International economics
A set of government programmes that attempt to provide economic security for the population by providing for people when they are unemployed, ill, or elderly.
Withholding tax
Economy; International economics
A tax on income that is levied at the source, thus diverted to the government before the recipient of the income ever sees it. Used in international tax treaties to assist tax collection.
Working party
Economy; International economics
A group that is delegated to study an issue. Used by the WTO as a first step in considering a new issue that may later become the subject of negotiations.
World Bank
Economy; International economics
A group of five closely associated international institutions providing loans and other development assistance to developing countries. The five institutions are IBRD, IDA, IFC, MIGA, and ICSID. As ...
World Economic Forum (WEF)
Economy; International economics
A self-described "independent, international organisation incorporated as a Swiss not-for-profit foundation" that brings together leaders from business, government, academia, and civil society to ...
World Trade organisation (WTO)
Economy; International economics
A global international organisation that specifies and enforces rules for the conduct of international trade policies and serves as a forum for negotiations to reduce barriers to trade. Formed in ...
