- Industry: Education
- Number of terms: 31274
- Number of blossaries: 0
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A price for a good or service that is set and maintained by government, usually requiring accompanying restrictions on trade if the administered price differs from the world price.
Industry:Economy
A unit of government charged with the administration of particular laws. In the United States, those most important for administering laws related to international trade are the ITC and ITA.
Industry:Economy
A requirement that some proportion of the value of imports, or of import duties, be deposited prior to payment, without competitive interest being paid.
Industry:Economy
A terms of trade that is considered unfavorable relative to some benchmark or to past experience. Developing countries specialized in primary products are sometimes said to suffer from adverse or declining terms of trade.
Industry:Economy
A plan of action adopted at the Rio Summit to promote sustainable development.
Industry:Economy
1. An entity within the economy that makes economic decisions and engages on economic activity. Used to refer to individual consumers, households, and firms. 2. One who acts on behalf of someone else. 3. In Principal-Agent Theory, the person whose job it is to act to the benefit of someone else (the principal), but who may require some incentive to do so.
Industry:Economy
A good that is produced by agriculture. Contrasts with manufactured good.
Industry:Economy
An assignment of economic resources to uses. Thus, in general equilibrium, an assignment of factors to industries producing goods and services, together with the assignment of resulting final goods and services to consumers, within a country or throughout the world economy.
Industry:Economy
An addition to the US program of trade adjustment assistance, enacted in 2002, that provides wage insurance for a limited group of older workers.
Industry:Economy
A document filed in a legal proceeding by an interested party who is not directly part of the case. In the WTO an issue has been whether to permit dispute settlement panels to accept such submissions, especially from NGOs.
Industry:Economy
