www-personal.umich.edu

Website:http://www-personal.umich.edu
Upvotes received147
Downvotes received140
Karma:6 (upvotes-downvotes)



0 earned Badges

No badges were found



Definitions (4108)

1

4 Thumbs up   0 Thumbs down

PSE


Producer support estimate or producer subsidy equivalent.
Source: www-personal.umich.edu

2

3 Thumbs up   3 Thumbs down

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.
Source: www-personal.umich.edu

3

5 Thumbs up   2 Thumbs down

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.
Source: www-personal.umich.edu

4

0 Thumbs up   0 Thumbs down

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. [..]
Source: www-personal.umich.edu

5

0 Thumbs up   0 Thumbs down

PREMIUM


1. The excess of one price over another. 2. Forward premium
Source: www-personal.umich.edu

6

5 Thumbs up   2 Thumbs down

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.
Source: www-personal.umich.edu

7

1 Thumbs up   1 Thumbs down

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.
Source: www-personal.umich.edu


To view all 4108 definitions, please sign in.