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Chiang Mai Initiative Multilateralization An arrangement begun in 2009 among the countries of the Chiang Mai Initiative formalizing a multilateral currency swap arrangement to replace the bilateral swap arrangement that preceded.
More formally, a curve is concave from below (or concave to something below it) if all straight lines connecting points on it lie on or la caja china coupon code 2018 below.
It was disbanded in 1991.
CIF The price of a traded good including transport cost.Cross subsidy The use of profits from one activity to cover losses from another.Chapeau In the context of gatt articles, this means an introductory paragraph.Customs The process that through which imported goods must pass in crossing the border of a country or other customs area.How to Use a Program Charter.Collusion Cooperation among firms to raise price and/or take other actions to increase their collective profits.A program charter is a document that analyzes all aspects of a new program or project.You could use a charter to facilitate forming a committee to create and hold events to develop community for the business during holidays.Carbon tariff A tariff levied on the basis of carbon dioxide that an import's production emits into the atmosphere.A gatt panel quantified the damage and led.S.Cultural argument for protection The view that imports undermine a country's culture and identity - for example by changing consumption patterns to ones more similar to those abroad, or by reducing demands for domestically produced art and music - and therefore that imports should.In an international context, it often refers to countries becoming more alike in terms of their factor prices or in terms of their per capita incomes, perhaps as a result of trade or other forms of economic integration.Contrasts with the implicit price deflator.Capital scarce A country is capital scarce if its endowment of capital relative to another factor, usually labor, is small compared to other countries.
Term introduced by Baumol.
Complementary exporting The export of one firm's products through the distribution channels of another firm.
See specific factors model.Consumer price index A price index for the goods purchased by consumers in an economy, usually based on only a small sample of what they consume.Currency in circulation The amount of a country's currency that is in the hands of the public (households, firms, banks, etc.Consultation The first step in the WTO dispute settlement process, whereby countries are expected to consult directly regarding any objection or disagreement and seek to resolve it without further steps.The act of determining this category, which may be subject to various rules and/or to the discretion of the customs officer.Cost advantage Possession of a lower cost of production or operation than a competing firm or country.A free trade agreement initiated 2006 among Albania, Bosnia and Herzegovina, Croatia, the former Yugoslav Republic of Macedonia, Moldova, Montenegro, Serbia and the United Nations Interim Administration Mission in Kosovo.Canonical model of currency crises This term has been used to refer to the model that Krugman (1979b) presented of a currency crisis that results when domestic policy is pursued in a manner inconsistent with a pegged exchange rate.Commodity currency The currency of a country whose exports are dominated by one or more commodities.It was followed by a flurry of other such agreements among European countries.May be bilateral, diagonal, or full.
Origin Contract curve.
The laws were repealed in 1846, signaling a shift toward free trade.