International economics

International economics

International trade theories, policies, finances and their effects on economic activities.

Industry: Economy

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International economics

mussa diagram

Economy; International economics

1. The specific factors model diagram, as attributed to Mussa (1974). 2. A diagram for explicating properties of the 2-factor Heckscher-Ohlin Model introduced by Mussa (1979). With factor prices on ...

Nabucco Pipeline

Economy; International economics

A pipeline planned to carry natural gas from the Georgian/Turkish and/or Iranian/Turkish border across Turkey, Bulgaria, Romania, and Hungary to Austria. Construction is scheduled to begin 2011 and ...

national

Economy; International economics

1. Of, relating to, or belonging to a nation. 2. A person who is a citizen or long-term resident of a nation.

National Bureau of Economic Research

Economy; International economics

A nonprofit, nonpartisan organization based in Cambridge, MA, that assembles economic data and sponsors economic research. Its Business Cycle Dating Committee also is traditionally responsible for ...

national debt

Economy; International economics

Although this term looks like it should mean the amount that a country owes to foreigners, in practice it is used instead to refer to the amount that a nation's government owes to anybody, including ...

natural trading bloc

Economy; International economics

A trading bloc consisting of natural trading partners.

natural trading partner

Economy; International economics

A country with whom another country's trade is likely to be large, because of low transport or other trade costs between them. Term introduced by Wonnacott and Lutz (1989) and used extensively by ...