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it's a trade-off between price and quality

См. также в других словарях:

  • Free trade debate — Free trade is one of the most debated topics in economics of the 20th and 21st century Fact|date=December 2007. Arguments over free trade can be divided into economic, moral, and socio political arguments. The academic debate among economists is… …   Wikipedia

  • Comparison of Canadian and American economies — The economies of Canada and the United States are extremely similar because they are both developed countries and are each other s largest trading partners. However, key differences in population makeup, geography, government policies and… …   Wikipedia

  • Price discrimination — or price differentiation[1] exists when sales of identical goods or services are transacted at different prices from the same provider.[2] In a theoretical market with perfect information, perfect substitutes, and no transaction costs or… …   Wikipedia

  • Trade and development — Trade is a key factor in economic development. A successful use of trade can boost a country s development. On the other hand, opening up markets to international trade may leave local producers swamped by more competitive foreign… …   Wikipedia

  • price — A fixed value of something. Prices are usually expressed in monetary terms. In a free market, prices are set as a result of the interaction of supply and demand in a market; when demand for a product increases and supply remains constant, the… …   Financial and business terms

  • Trade — A verbal (or electronic) transaction involving one party buying a security from another party. Once a trade is consummated, it is considered done or final. Settlement occurs 1 5 business days later. The New York Times Financial Glossary * * * ▪ I …   Financial and business terms

  • trade — An oral (or electronic) transaction involving one party buying a security from another party. Once a trade is consummated, it is considered done or final. settlement occurs 1 5 business days later. Bloomberg Financial Dictionary A trade is a deal …   Financial and business terms

  • Trade union — Unions redirects here. For the defunct Australian rules football club, see Unions Football Club. Labour union redirects here. For the Polish political party, see Labour Union (Poland). For the Canadian political party, see Union Labour. Labor… …   Wikipedia

  • trade — trade1 W1S3 [treıd] n ▬▬▬▬▬▬▬ 1¦(buying/selling)¦ 2 the hotel/tourist etc trade 3¦(amount of business)¦ 4¦(an exchange of things)¦ 5 the trade 6¦(job/work)¦ ▬▬▬▬▬▬▬ [Date: 1300 1400; : Middle Low German; Origin: course, way, track ] …   Dictionary of contemporary English

  • trade — The act or the business of buying and selling for money; traffic; barter. May v. Sloan, 101 U.S. 231, 25 L.Ed. 797. Purchase and sale of goods and services between businesses, states or nations. Trade is not a technical word and is ordinarily… …   Black's law dictionary

  • price system — ▪ economics Introduction       a means of organizing economic activity. It does this primarily by coordinating the decisions of consumers, producers, and owners of productive resources. Millions of economic agents who have no direct communication …   Universalium

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