International economics

International economics

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

Industry: Economy

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International economics

labeling

Economy; International economics

A requirement to label imported goods with information about how they were produced. This is often suggested as an alternative to trade restrictions as a means to pursue particular trade-related ...

labor abundant

Economy; International economics

A country is labor abundant if its endowment of labor is large compared to other countries. Relative labor abundance can be defined by either the quantity definition or the price definition.

labor market

Economy; International economics

A market for labor. Can refer to anything from local interactions between workers and employers to country-wide (not usually world-wide) markets dominated by broadly based labor unions, industry ...

labor market restriction

Economy; International economics

A market restriction in the labor market, most often limits on wages and on the ability of firms to terminate workers.

labor scarce

Economy; International economics

A country is labor scarce if its endowment of labor is small compared to other countries. Relative labor scarcity can be defined by either the quantity definition or the price definition.