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Definitions (4108)
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PSE
Producer support estimate or producer subsidy equivalent.
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switch trading
A form of countertrade in which a buyer in one country of exports from a second pays for it with an obligation due from a third party.
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vehicle currency
The currency used to invoice an international trade transaction, especially when it is not the national currency of either the importer or the exporter.
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Agent
1. An entity within the economy that makes economic decisions and engages on economic activity. Used to refer to individual consumers, households, and firms. 2. One who acts on behalf of someone else. [..]
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PREMIUM
1. The excess of one price over another. 2. Forward premium
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INTRA-FIRM TRADE
International trade conducted within a firm, as when a subsidiary of a company exports to or imports from another subsidiary or the parent company in a different country.
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Prime rate
The interest rate that a country's largest banks announce for loans to their best customers. In practice, their most creditworthy customers get a rate lower than this.
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