This organization was founded in 1995 to adjudicate disputes between countries concerning matters of trade.
WTO
This unit is a monetary measure of the market value of all the final goods and services produced in a specific time period
GDP or Gross Domestic Product
This exploding situation is one which asset prices appear to be based on implausible or inconsistent views about the future. It could also be described as trade in an asset at a price or price range that strongly exceeds the asset's intrinsic value. Think DotCom in the early 2OOO's.
Bubble
This stock market launch is a type of public offering in which shares of a company are sold to institutional investors and usually also retail investors.
IPO
This is a specific type of economic market structure that exists when a specific person or enterprise is the only supplier of a particular good. As a result, they are characterized by a lack of competition within the market producing a good or service. It may also be a type of board game...
Monopoly
This "penalty" or "tax" is placed by countries on imported goods and services.
Tarriff
This economic phenomena is the limited availability of a commodity, which may be in demand in the market or by the commons. This effect also includes an individual's lack of resources to buy commodities.
Scarcity
In economics, this aid refers to attempts to use monetary or fiscal policy to improve the economy. The EU, the US Congress, and several other countries are currently debating their ____ packages.
Stimulus
In economics, this phenomena is a general rise in price level relative to available goods resulting in a substantial and continuing drop in purchasing power in an economy over a period of time.
Inflation
This is the business practice of hiring a party outside a company or event country to perform services and create goods that traditionally were performed in-house by the company's own employees and staff. This is a practice usually undertaken by companies as a cost-cutting measure.
Outsourcing
Trade Deficit
In commerce, this is a system of organizations, people, activities, information, and resources involved in supplying a product or service to a consumer.
Supply Chain
In this type of global phenomena, the economy suffers a sharp but brief period of economic decline with a clearly defined trough, followed by a strong uptick. This type of recession shape is the normal shape for recession as the economy improves quickly.
V Shaped Recovery
In economics, this is a decrease in the general price level of goods and services.
Deflation
This is the relocation of a business process from one country to another—typically an operational process, such as manufacturing, or supporting processes, such as accounting. It may entail moving the entire company out of the country or region.
This is the phenomena when countries export more than they import.
Trade Surplus
In economics, this concept consists of human-created assets that can enhance one's power to perform economically useful work.
Capital
This global phenomena involves a sharp decline in economic metrics followed by a sharp rise back upward, followed again by a sharp decline and ending with another sharp rise.
W Shaped Recovery
This is a distribution of profits by a corporation to its shareholders. When a corporation earns a profit or surplus, it is able to pay a proportion of the profit as a benfit to shareholders
Dividend
This is the practice of transferring a business operation that was moved overseas back to the country from which it was originally relocated.
Onshoring
This is the name for the overall economic policy of the extreme restricting of imports from other countries through methods such as tariffs on imported goods, import quotas, and a variety of other government regulations.
Protectionism
In economics, this measures output per unit of input, such as labor, capital or any other resource – and is typically calculated for the economy as a whole, as a ratio of GDP.
Productivity
This organization was a secret oath-based organization of English textile workers in the 19th century, a radical faction which destroyed textile machinery as a form of protest. It's now considered a term for a person opposed to new technology or ways of working.
Luddite
This act known as competitive devaluations, is a condition in international affairs where countries seek to gain a trade advantage over other countries by causing the exchange rates to fall in relation to other countries.
Currency Manipulation
This is the phenomena of spending of money on and the acquiring of luxury goods and services to publicly display economic power of the income or of the accumulated wealth of the buyer. Generally purchasing that which is wanted but not needed.
Conspicuous Consumption