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International economics
International trade theories, policies, finances and their effects on economic activities.
Industry: Economy
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International economics
monopsony
Economy; International economics
A market structure in which there is a single buyer. Term introduced in Robinson (1932).
mortgage
Economy; International economics
A loan the collateral for which is a house or other real estate. I would not have thought this term needed to appear in a glossary of international economics, until 2008 when we learned that ...
mortgage-backed security
Economy; International economics
A financial instrument that packages the ownership of shares in a large number of mortgages.
multi-cone equilibrium
Economy; International economics
A free-trade equilibrium in the Heckscher-Ohlin Model in which prices are such that all goods cannot be produced within a single country, and instead there are multiple diversification cones. This, ...
multifactor model
Economy; International economics
A model with more than two factors. In the context of trade theory this is likely to mean a Heckscher-Ohlin Model with more than two factors.
Multifiber Arrangement
Economy; International economics
An agreement (OMA) among developed country importers and developing country exporters of textiles and apparel to regulate and restrict the quantities traded. It was negotiated in 1973 under GATT ...