International economics

International economics

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

Industry: Economy

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International economics

ISO 9000

Economy; International economics

A family of standards for quality management systems, maintained by the International Organization for Standardization.

A line along which the cost of something -- usually a combination of two factors of production -- is constant. Since these are usually drawn for given prices, which are therefore constant along the ...

iso-price curve

Economy; International economics

A curve along which price is (or prices are) constant, most commonly in factor-price space where it shows the combinations of prices of factors consistent with zero profit in producing a good at a ...

isoquant

Economy; International economics

A curve representing the combinations of factor inputs that yield a given level of output in a production function.

Israel-US Free Trade Area

Economy; International economics

A free trade area between the United States and Israel that was initiated in 1985.

jobless recovery

Economy; International economics

After a recession, an expansion of real GDP that is not accompanied by a significant expansion of employment. This is possible, for example, if labor productivity expands.

Jones Act

Economy; International economics

A U. S. Law that prohibits foreign ships from transporting goods or people between one U. S. Location and another. Such a restriction on cabotage is an example of a barrier to trade in a service.