by TheBusinessProfessor | Feb 23, 2025 | Economic Analysis & Monetary Policy
What is a Race to the Bottom? The race to the bottom scenario of global environmental degradation runs like this. Profit-seeking multinational companies shift their production from countries with strong environmental standards to countries with weak standards, thus...
by TheBusinessProfessor | Feb 23, 2025 | Economic Analysis & Monetary Policy
What is a National Interest Argument? Some argue that a nation should not depend too heavily on other countries for supplies of certain key products, such as oil, or for special materials or technologies that might have national security applications. On closer...
by TheBusinessProfessor | Feb 23, 2025 | Economic Analysis & Monetary Policy
What is a Tariff? A tariff is a customs duty or tax levied on imports of merchandise goods. Most of the time a tariff is an ad valorem tariff (percentage of value) or a specific tariff. Less often, it can be a compound tariff made up of both of these elements...
by TheBusinessProfessor | Feb 23, 2025 | Economic Analysis & Monetary Policy
What is Financial Capital? Financial capital most commonly refers to assets needed by a company to provide goods or services, as measured in terms of money value. What is Economic Capital? Economic capital is the estimated amount of money needed to cover possible...
by TheBusinessProfessor | Feb 23, 2025 | Economic Analysis & Monetary Policy
What is Unilateral Transfer? Recorded when transfers of resources that affect a nation’s income or product in the current period occur without a quid pro quo; the country receiving the transfer neither provides nor promises to provide anything of...
