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University of Michigan
Industry: Education
Number of terms: 31274
Number of blossaries: 0
Company Profile:
A major financial crisis that began in Thailand in July 1997 and quickly spread to other East Asian countries.
Industry:Economy
A requirement that goods sold in a country contain a certain minimum of domestic value added.
Industry:Economy
A multilateral institution based in Manila, Philippines, that provides financing for development needs in countries of the Asia-Pacific region. As of June 2007, ADB had 44 developing member countries.
Industry:Economy
A type of U. S. Corporation, authorized in 1971, with income primarily from exports. Usually wholly owned U. S. Subsidiaries, DISCs had special treatment in borrowing or taxation. A 1976 GATT case found against the U. S. , which reached a compromise settlement with the EC in 1981. DISC was replaced in 1984 by foreign sales corporations.
Industry:Economy
A theory of determination of the exchange rate that focuses on its role as the price of an asset. With high capital mobility, equilibrium requires that expected returns on comparable domestic and foreign assets be the same.
Industry:Economy
A measure, in terms of real resources, of the opportunity cost of producing or saving foreign exchange. It is an ex ante measure of comparative advantage, used to evaluate projects and policies. The term was introduced to the economics literature by Bruno (1963, 1972).
Industry:Economy
A group of 25 countries of the Caribbean that signed a convention in 1994 to foster "consultation, cooperation and concerted action. "
Industry:Economy
A policy that assists domestic industry, including a subsidy to production, payment not to produce, price support, and other means of increasing the income of producers.
Industry:Economy
ACE is an online system developed by U. S. Customs and Border Protection to process international trade.
Industry:Economy
A good that can continue to be used over an extended period of time.
Industry:Economy