LAWIN

Tag: International Trade Economy

  • Patent

    Summary of Patent A grant issued by a governmental authority to an inventor permitting, for a fixed number of years, an exclusive right to the invention. The grant includes the prerogative of preventing others from making, using, or selling the invention covered. Through various […]

  • Patent

    Summary of Patent A grant issued by a governmental authority to an inventor permitting, for a fixed number of years, an exclusive right to the invention. The grant includes the prerogative of preventing others from making, using, or selling the invention covered. Through various […]

  • Cartel

    Summary of Cartel An alliance among firms in the same line of business aimed at controlling or dominating their field on an international basis.(Main Author: William J. Miller) Definition of Cartel In accordance with the work A Dictionary of Law, this is a description of Cartel : […]

  • Special Drawing Rights

    Summary of Special Drawing Rights An artificial currency unit created by the international monetary Fund (read this and related legal terms for further details), or IMF, to argument international reserves. The expansion of world trade following World War II necessitated an expansion in […]

  • Joint Venture

    Summary of Joint Venture A business enterprise with more than one equity participant; for example, an agreement between a German firm and a U.S. firm to capitalize jointly a new factory in Venezuela. Many countries impose restrictions on joint ventures; these restrictions may take the form […]

  • Trade Balance

    J-Curve and International Trade Economy In relation to international trade economy, Christopher Mark (1993) provided the following definition of J-Curve: The expected adjustment path in a country's trade balance following a currency depreciation or devaluation. Because a change in the […]

  • Technology

    Technology and International Trade Economy In relation to international trade economy, Christopher Mark (1993) provided the following definition of Technology: A method for convening resources into goods and services. Introduction This entry provides an overview of the legal framework 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 […]

  • 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 […]

  • Technology Transfer

    Technology Transfer and International Trade Economy In relation to international trade economy, Christopher Mark (1993) provided the following definition of Technology Transfer: The diffusion of practical knowledge from one enterprise, institution or country to another. Technology may be […]

  • Technology Transfer

    Technology Transfer and International Trade Economy In relation to international trade economy, Christopher Mark (1993) provided the following definition of Technology Transfer: The diffusion of practical knowledge from one enterprise, institution or country to another. Technology may be […]

  • Trade Policy

    Diplomacy and International Trade (London, 1994) "Today, the generally accepted view (at least on the part of most states) is that trade, and particularly free trade, is good, notwithstanding the conflicts (and bouts of protectionism) that arise between individual states and between […]

  • Economies of Scale

    Economies of Scale and International Trade Economy In relation to international trade economy, Christopher Mark (1993) provided the following definition of Economies of Scale: (Also known as increasing returns to scale.) Cost savings that occur in production processes where higher output […]

  • Economies of Scale

    Economies of Scale and International Trade Economy In relation to international trade economy, Christopher Mark (1993) provided the following definition of Economies of Scale: (Also known as increasing returns to scale.) Cost savings that occur in production processes where higher output […]

  • Oligopoly

    Summary of Oligopoly Literally, a market in which there are only a few sellers of a given product or service. Under oligopolistic conditions, no one seller can establish market prices, except in concert with the other suppliers; if such concerted action develops, the suppliers are operating […]