- Industry: Education
- Number of terms: 31274
- Number of blossaries: 0
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A commitment by an exporting firm to raise its price in an importing-country market, as a means of settling an anti-dumping suit and preventing an anti-dumping duty.
Industry:Economy
A good that has not been processed and is therefore in its natural state, specifically products of agriculture, forestry, fishing, and mining.
Industry:Economy
1. The initial amount of a loan, thus not including interest. 2. The person or other entity on whose behalf an agent acts, in the Principal Agent Theory.
Industry:Economy
A strategic interaction in which two players both gain individually by not cooperating, but leading to a Nash equilibrium in which both are worse off than if they cooperated. Important especially for explaining why countries may choose protection even though all lose as a result. See tariff-and-retaliation game.
Industry:Economy
A specification of the probabilities for each possible value of a random variable.
Industry:Economy
A good that has been transformed in some way by a production activity, in contrast to a raw material.
Industry:Economy
A government official responsible for purchasing goods and services and for deciding among alternative suppliers.
Industry:Economy
A mode of supply of a traded service in which the producer establishes a presence in the buyer's country by FDI and/or permanent relocation of workers.
Industry:Economy
1. Producer support estimate. 2. This ought logically to measure the extent to which existing policies serve to subsidize producers, defined as the ad valorem subsidy that, if paid directly to producers per unit of production, would lead to the same level of output as existing policies.
Industry:Economy
