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

Horizontal mechanism

Economy; International economics

A procedure for dealing with NTBs that has been proposed by the EU as part of the Doha Round negotiations, solving problems between member countries by using an expert panel to advise parties and ...

A pattern of economic integration in which one country (the "hub") forms preferential trading arrangements with two or more other countries (the "spokes") that do not form such arrangements with each ...

Object id

Economy; International economics

A U. S. -based coalition of organisations committed to the transformation of the IMF and the World Bank. Its more formal name is U. S. Network for Global Economic Justice. Its demands include debt ...

Increasing returns to scale

Economy; International economics

A property of a production function such that changing all inputs by the same proportion changes output more than in proportion. Common forms include homogeneous of degree greater than one and ...

Index

Economy; International economics

A quantitative measure, usually of something the measurement of which is not straightforward, such as an average of many diverse prices, or a concept such as economic development or human rights.

Index number

Economy; International economics

A numerical index, usually indicating, by comparison with a base value of 100, the size of the index relative to a base year or other benchmark for comparison. Thus, for example, a CPI of 115 in 2004 ...

Index number problem

Economy; International economics

A question the answer to which depends on a choice of weights. e.g., the effect of trade on the real wage of labour in the specific factors model is an index number problem, depending on how much ...