Search results for: “fixed exchange rate”

  • Economic Union

    Summary of Economic Union Also known as an economic community, an advanced form of economic integration on the part of several states. The economic union incorporates the features of a Common market (read this and related legal terms for further details)—unrestricted free trade among […]

  • Economic Union

    Summary of Economic Union Also known as an economic community, an advanced form of economic integration on the part of several states. The economic union incorporates the features of a Common market (read this and related legal terms for further details)—unrestricted free trade among […]

  • Devaluation

    Summary of Devaluation The official reduction of the value of a nation's money in relation to a standard (usually gold), special drawing rights, or the U.S. dollar. Inasmuch as all currencies are ultimately valued in terms of some standard, devaluation results in the conscious increase […]

  • Bretton Woods Agreement

    The product of an international conference on monetary and economic affairs held at the end of World War II, from which resulted the International Monetary Fund and the World Bank; the term is used most commonly in reference to a program for world monetary affairs that emerged from the conference an…

  • International Monetary Regulation

    International Monetary Regulation Resources See Also Foreign Policy Foreign Affairs International Relations Further Reading Adler, E., & Haas, P. (1992). Conclusion: Epistemic communities, world order, and the creation of a reflexive research program. International Organization, 46(1), 367–390. Andrews, D. (1994). Capital mobility and state autonomy. International Studies Quarterly, 38(2), 193–218. Axelrod, R. (1984). The evolution…

  • Competitiveness

    Competitiveness and International Trade Economy In relation to international trade economy, Christopher Mark (1993) provided the following definition of Competitiveness: The ability of a nation or firm to sell competitive goods or services in international trade. Several aspects of […]

  • Competitiveness

    Competitiveness and International Trade Economy In relation to international trade economy, Christopher Mark (1993) provided the following definition of Competitiveness: The ability of a nation or firm to sell competitive goods or services in international trade. Several aspects of […]

  • Virtual Currency

    Virtual currency is a digital representation of value that can be traded on the Internet and functions as: a medium of exchange; a unit of account; and/or a store of value, but does not have legal tender status in any jurisdiction. Virtual currency is distinguished from fiat […]

  • Libya

    Countries or entities currently subject to sanctions by the United States: Libya Libya in 2011 United States views on international law (based on the document "Digest of U.S. Practice in International Law"): On March 26, 2011, State Department Legal Adviser Harold Hongju Koh […]

  • European Monetary System

    Summary of European Monetary System A mechanism established by the European Communities to mitigate exchange rate fluctuations among the members and establish a zone of "monetary stability in Europe."The EMS is, in part, a fulfillment of the 1970 Werner Report (read this and […]

  • European Monetary System

    Summary of European Monetary System A mechanism established by the European Communities to mitigate exchange rate fluctuations among the members and establish a zone of "monetary stability in Europe."The EMS is, in part, a fulfillment of the 1970 Werner Report (read this and […]

  • Dictionary of Essential Legal Terms

    The Dictionary of Essential Legal Terms Details of The Dictionary of Essential Legal Terms Author: Amy Hackney Blackwell Date of publishing: 2008 Publisher: Sphinx Publishing, An imprint of Sourcebooks, Inc, Naperville, Illinois 60567-4410, United States Contents of The Dictionary of Essential Legal Terms Abandon Abatable Nuisance Abate Abatement of a Legacy Abatement of Taxes Abdicate…

  • ASCOBANS

    Agreement on the Conservation of Small Cetaceans of the Baltic and North Seas (ASCOBANS) (1991) The Parties, Recalling the general principles of conservation and sustainable use of natural resources, as reflected in the World Conservation Strategy of the International Union for the Conservation of Nature and Natural Resources, the United Nations Environment Programme, and the World…

  • Black Market

    Black Market Definition Black Market is the term designating the illicit sale of commodities in violation of government rationing and price-fixing. The term originated in Europe during World War I, when the introduction of rationing in belligerent countries tempted some persons with access […]

  • Magna Carta

    Legal Materials Pictures and translations of the Magna Carta are posted on the Internet by the National Archives and Records Administration and the British Library. You'll find a print copy in the American Jurisprudence 2d Deskbook. Abstract The Magna Carta (literally, the […]