The presidency of the Council rotates every six months among the member countries and chairs most of the meetings.
Includes clearance documentation and inspection, determinination of a good's classification, and assigning its value as the base for an ad valorem tariff.
Competitive factor market A market for a factor in which both suppliers and demanders are perfectly competitive, thus taking the factor price miley cyrus gifts as given.Mode 1 of four such modes of supply of traded services.Production only of goods that are exported or nontraded, but none that compete with imports.Country size Any of many measures of the size of a country.297/- per sqft, our 35mm high density turf with two color options (with with out brown root) is ideal for any domestic commercial use in both indoor outdoor spaces.Consumption possibility frontier A graph of the maximum quantities of goods (usually two) that an economy can consume in a specified situation, such as autarky and free trade.Ceteris paribus Latin phrase meaning, approximately, "holding other things constant." Used as shorthand for indicating the effect of one economic variable on another, holding constant all other variables that may affect the second variable.Covered interest parity requires, approximately, that i i* p where i is the domestic interest rate, i* is the foreign interest rate, and p is the forward premium.
Capital inflow A net flow of capital, real and/or financial, into a country, in the form of increased purchases of domestic assets by foreigners and/or reduced holdings of foreign assets by domestic residents.
Cecchini Report A 1988 report by a group of experts, chaired by Paolo Cecchini, examining the benefits and costs of creating a single market in Europe, in accordance with provisions of the Treaty of Rome.
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Equivalent to a customs union plus free mobility of factors.
Menu includes dosas, wadas,idlis coastal curries from Kerala to Bombay.
Contrasts with debtor nation.Complementary demand In the context of development via import substitution, this refers to the need for sufficient domestic demand for any industrial product the production of which is to be encouraged.Major forms include odds to win super bowl lii oversight of mergers and prevention of price fixing and market sharing.The currency factor can be nonzero either because of currency risk or because of expected appreciation or depreciation.Concessional sale Sale of a product at a price lower than the market would indicate.The aggregate of such purchases over an economy.Covered interest parity Equality of returns on otherwise comparable financial assets denominated in two currencies, with the forward market used to cover against exchange risk.More formally, a curve is convex from below (or convex to something below it) if all straight lines connecting points on it lie on or above.Señor Frog's Free Nachos or Quesadillas Coupon Mexican restaurant-and-bar chain's new location is about a mile north of the Orange County Convention Center on International drive.Compensating variation An amount of money that just compensates a person, group, or whole economy, for the welfare effects of a change in the economy, thus providing a monetary measure of that change in welfare.Chinese Economic Area Unofficial name for the area comprising Hong Kong, Taiwan, and either China as a whole or just its Special Economic Zones.In an anti-dumping case against imports from more than one country, the summation of these imports for the purpose of determining injury.