International economics

International economics

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

Industry: Economy

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International economics

export promotion

Economy; International economics

A strategy for economic development that stresses expanding exports, often through policies to assist them such as export subsidies. The rationale is to exploit a country's comparative advantage, ...

export quota

Economy; International economics

A quantitative restriction on exports, often the means of implementing a VER.

deficit

Economy; International economics

1. In the balance of payments, or in any category of international transactions within it, the deficit is the sum of debits minus the sum of credits, or the negative of the surplus. 2. In the ...

deficit financing

Economy; International economics

1. The method used by a government to finance its budget deficit, that is, to cover the difference between its tax receipts and its expenditures. The main choices are to issue bonds or to print ...

deflation

Economy; International economics

A fall in the general level of prices. Unlikely unless the rate of inflation is already low, it may then be due either to a surge in productivity or, less favorably, to a recession.

de-industrialization

Economy; International economics

A decline over time in the share of manufacturing in an economy, usually accompanied by growth in the share of services. Typically accompanied by an increase in manufactured imports, it may raise ...

1. The movement of firms and their resulting employment from one country to another as a result of a change in trade policy. 2. More specifically, the effect of an import tariff or export subsidy in ...