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University of Michigan
Industry: Education
Number of terms: 31274
Number of blossaries: 0
Company Profile:
A program of adjustment assistance for workers and firms in industries that have suffered from competition with imports. In the U. S. , TAA began with the Trade Expansion Act of 1962, and it has been renewed and expanded since then, including as part of the NAFTA.
Industry:Economy
A negotiated agreement among two or more countries to limit or alter their policies with respect to trade. A common type in recent years has been agreements to form preferential trading arrangements.
Industry:Economy
An artificial disincentive to export and/or import, such as a tariff, quota, or other NTB.
Industry:Economy
A measure of the extent to which one of two countries, ''j'', exports what the other, ''k'', imports. Defined as ''TC<sub>jk</sub>'' &#61; 100 – Σ''<sub>i</sub>''(
Industry:Economy
1. An amount that is loaned to an exporter to be repaid when the exports are paid for by the foreign importer. 2. Credit extended by an exporter to an importer, permitting them to pay at some time after they take delivery.
Industry:Economy
A scientifically identified health threat caused by a bacterium, virus, fungus, parasite, or other pathogen.
Industry:Anthropology
A model of economic development that focuses on two constraints: the need for savings to finance investment, and the need for foreign exchange to finance imports.
Industry:Economy
A configuration of the European Union in which some of the countries integrate more fully than others. The adoption of the euro by only some of the countries that were then in the EU was the major example of a two-speed Europe. More commonly, the term now refers to changes that would involve some countries pursuing greater political integration.
Industry:Economy
A synonym, not usually used today, for less developed country.
Industry:Economy
1. The condition of being unemployed. Types of unemployment include frictional unemployment, structural unemployment, and cyclical unemployment. 2. A measure of the number of workers who are unemployed. Contrasts with employment.
Industry:Economy