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University of Michigan
Industry: Education
Number of terms: 31274
Number of blossaries: 0
Company Profile:
A United Nations regional commission to "promote the economic and social development. . . , foster intra-regional integration, and promote international cooperation for Africa's development. "
Industry:Economy
A trading bloc among countries that are not natural trading partners.
Industry:Economy
A bond sold to Japanese retail buyers but denominated in a foreign currency.
Industry:Economy
A free trade agreement signed in 2004 between the United States, the Dominican Republic, and a number of countries in Central America. As of January 2006, the agreement had been ratified by all but Costa Rica.
Industry:Economy
A function that specifies the utility (well being) of a consumer for all combinations goods consumed (and sometimes other considerations). Represents both their welfare and their preferences.
Industry:Economy
A tax that is levied only on the value added of a firm. A VAT is usually subject to border tax adjustment.
Industry:Economy
A quota specifying value -- price times quantity -- of a good.
Industry:Economy
A tax on imports that varies over time so as to stabilize the domestic price of the imported good. Essentially, the tax is set equal to the difference between the target domestic price and the world price.
Industry:Economy
A measure of how much an economic or statistical variable varies across values or observations. Its calculation is the same as that of the covariance, being the covariance of the variable with itself.
Industry:Economy
A pool of money used to fund startup firms in exchange for shares of ownership that are expected to be cashed out within a few years as the successful startups go public or are acquired. The greater availability of venture capital in the U. S. , compared to other countries, is said to contribute to its success in innovation.
Industry:Economy