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gains from trade

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  • Gains from trade — in economics refers to net benefits to agents from voluntary trading with each other. It is commonly described as resulting from: * specialization in production from division of labor and economies of scale [Krugman (1981), p. 959.] and in types… …   Wikipedia

  • Gains-from-Trade-Theorem — theoretische Aussage über die Wohlfahrtswirkungen des internationalen Handels im Vergleich zur ⇡ Autarkie. Danach bewirkt internationaler Handel eine Wohlfahrtsverbesserung gegenüber der hypothetischen Autarkiesituation. Diese Verbesserung gilt… …   Lexikon der Economics

  • Trade creation — is an economic term related to international economics in which trade is created by the formation of a customs union. Occurrence of Trade Creation When a customs union is formed, the member nations establish a free trade zone amongst themselves… …   Wikipedia

  • Trade Facilitation and Development — Success in export markets for developed and developing country firms is increasingly affected by the ability of countries to support an environment which promotes efficient and low cost trade services and logistics. Policies related to trade… …   Wikipedia

  • Trade costs and facilitation — [http://econ.worldbank.org/external/default/main?menuPK=1697684 pagePK=64168176 piPK=64168140 theSitePK=1697658 Trade Costs Facilitation: The Development Dimension] is an ongoing research project on trade facilitation reform carried out by the… …   Wikipedia

  • Trade facilitation — See also Trade Facilitation and Development. Trade facilitation looks at how procedures and controls governing the movement of goods across national borders can be improved to reduce associated cost burdens and maximise efficiency while… …   Wikipedia

  • trade — 1) The activity of selling goods or services in order to make a profit. Profits from trade are taxed under income tax or corporation tax on income, rather than under capital gains tax or corporation tax on capital gains. The concept of trade is… …   Big dictionary of business and management

  • trade, terms of — Relationship between the prices at which a country sells its exports and the prices paid for its imports. If a country s export prices rise relative to import prices, its terms of trade are said to have moved in a favourable direction, since, in… …   Universalium

  • Free trade — Not to be confused with Free market. World trade A series on Trade …   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

  • Criticism of the World Trade Organization — Protestors clashing with Hong Kong police in the Wan Chai waterfront area during the WTO Ministerial Conference of 2005. The stated aim of the World Trade Organization (WTO) is to promote free trade and stimulate economic growth. The actions and… …   Wikipedia

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