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price paid for the goods

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  • United Nations Convention on Contracts for the International Sale of Goods — The United Nations Convention on Contracts for the International Sale of Goods (abbrev. CISG) [United Nations Convention on Contracts for the International Sale of Goods, Vienna, 11 April 1980, S.Treaty Document Number 98 9 (1984), UN Document… …   Wikipedia

  • The Wealth of Nations — An Inquiry into the Nature and Causes of the Wealth of Nations is the magnum opus of the Scottish economist Adam Smith. It is a clearly written account of economics at the dawn of the Industrial Revolution, as well as a rhetorical piece written… …   Wikipedia

  • The Natural Economic Order — is the most famous book of Silvio Gesell. PUBLISHED REFERENCES TO GESELL S THEORY John Maynard Keynes: General Theory of Employment, Interest and Money (1936): Gesell s main book is written in cool, scientific language; though it is suffused… …   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

  • History of trade for the People's Republic of China — Trade has been a very significant factor of the People s Republic of China s economy. In the twenty five years that followed the founding of the People s Republic of China in 1949, China s trade institutions were built into a partially modern but …   Wikipedia

  • The Market for Lemons — The Market for Lemons: Quality Uncertainty and the Market Mechanism is a 1970 paper by the economist George Akerlof. It discusses information asymmetry, which occurs when the seller knows more about a product than the buyer. A lemon is an… …   Wikipedia

  • Consumer Price Index For All Urban Consumers (CPI-U) — A measure that examines the changes in the price of a basket of goods and services purchased by urban consumers. The urban consumer population is deemed by many as a better representative measure of the general public because most of the country… …   Investment dictionary

  • 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

  • price index — an index of the changes in the prices of goods and services, based on the prices of the same goods and services at a period arbitrarily selected as a base, usually expressed as 100. [1885 90] * * * Measure of change in a set of prices, consisting …   Universalium

  • price — /praɪs/ noun money which has to be paid to buy something ♦ asking price price which the seller is hoping to be paid for the item when it is sold ♦ competitive price a low price aimed to compete with a rival product ♦ to sell goods off at half… …   Dictionary of banking and finance

  • Consumer price index — CPI redirects here. For other uses, see CPI (disambiguation). A consumer price index (CPI) measures changes in the price level of consumer goods and services purchased by households. The CPI, in the United States is defined by the Bureau of Labor …   Wikipedia

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