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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 
liberalization
Economy; International economics
1. The process of making policies less constraining of economic activity. 2. Reduction of tariffs and/or removal of nontariff barriers.
licensing
Economy; International economics
1. The requirement that importers and/or exporters get government approval prior to importing or exporting. Licensing may be automatic, or it may be discretionary, based on a ...
linear cut
Economy; International economics
A reduction in tariffs in which the size of the reduction is linearly related to the initial size of the tariff: %''t'' = ''a'' + ''bt'', where %''t'' is the percent ...
linear regression model
Economy; International economics
A linear relationship between a dependent variable and one or more independent variables plus a stochastic disturbance: ''Y i =b'' 0 +''b'' 1 ''X'' 1''i +. . . +b n X ni +u i ...
linking scheme
Economy; International economics
A requirement that, in order to get an import license, the importer must buy a certain amount of the same product from local producers.
liquidity crisis
Economy; International economics
A financial crisis that occurs due to lack of liquidity. In international finance, it usually means that a government or central bank runs short of international reserves needed ...
liquidity trap
Economy; International economics
A situation in which expansionary monetary policy fails to stimulate the economy. As used by Keynes (1936), this meant interest rates so low that expectations of their increase ...
Sub-categories
- Ecommerce (149)
- Economic standardization (81)
- Economics (60867)
- Forex (918)
- International economics (35907)
- International trade (7996)