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Economy
Pertaining to the system or range of economic activity in a country, region, or community.
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Economy > International economics 
learning curve
Economy; International economics
A relationship representing either average cost or average product as a function of the accumulated output produced. Usually reflecting learning by doing, the learning curve shows ...
least developed country
Economy; International economics
A country designated by the UN as least developed based on criteria of low per capita GDP, weak human resources (life expectancy, calorie intake, etc. ), and a low level of ...
Leontief composite
Economy; International economics
A composite of two or more goods or factors that includes them in fixed proportions, analogous to the Leontief technology.
Leontief technology
Economy; International economics
A production function in which no substitution between inputs is possible: ''F''(''V'') = min i (''V i ''/''a i ''), where ''V'' is a vector of inputs ''V i '', and ''a i '' ...
letter of credit
Economy; International economics
A common means of payment in international trade, this is a written commitment by a bank to make payment to an exporter on behalf of an importer, under specified conditions.
liability
Economy; International economics
An amount that is owed, in contrast to an asset. A liability may result from borrowing, from obligation to pay for a product or service received, etc.
Sub-categories
- Ecommerce (149)
- Economic standardization (81)
- Economics (60867)
- Forex (918)
- International economics (35907)
- International trade (7996)