International economics/Related Articles

See also changes related to International economics, or pages that link to International economics or to this page or whose text contains "International economics".

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Index

See the related articles subpage to the article on economics [1] for an index to topics referred to in the economics articles.

Definitions

• Balance of payments problem [r]: Lack of sufficient foreign exchange reserves to maintain the desired fixed exchange rate of a country's currency. ^[e]

• Comparative advantage [r]: The motive for trade that arises from the fact that for each trader there are things that he does best, and things that he can better obtain by trading. ^[e]

• Comparative statics [r]: The method of deducing the effects of an action upon an economic system by consideration of the difference between its prior and consequent static states - and without reference to transitional conditions. ^[e]

• Econometrics [r]: The use of mathematical techniques to derive economic relationships from economic statistics. ^[e]

• Economies of scale [r]: The factors that cause the cost of production of a product to fall as output of the product is increased. ^[e]

• Eurozone [r]: The member states of the European Union that use the euro as their common currency (Belgium, Germany¸ Ireland, Greece, Spain, France, Italy, Cyprus, Luxembourg, Malta, The Netherlands, Austria, Portugal, Slovenia, Slovakia, and Finland) ^[e]

• Precautionary principle [r]: A policy of avoiding actions that have unknown consequences (variously interpreted). ^[e]

• Terms of trade [r]: The ratio of the index of a country's export prices to the index of its import prices. ^[e]