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A quantitative restriction on exports, often the means of implementing a VER.
Industry:Economy
A requirement by the government of the host country of FDI that the investor export a certain amount or percentage of its output.
Industry:Economy
A measure of the extent to which two countries export the same products. Defined for exporting countries ''j'' and ''k'' as ''XS<sub>jk</sub>'' = ''<sub>i</sub>''(min(''X<sub>ij</sub>'',''X<sub>ik</sub>'')100), where ''X<sub>ij</sub>'',''X<sub>ik</sub>'' are the shares of product ''i'' in their total exports. ''XS<sub>jk</sub>'' ranges from zero if they have no exports in common to 100 if they export the same things in the same proportions.
Industry:Economy
1. A subsidy to exports; that is, a payment to exporters of a good per unit of the good exported. 2. Sometimes applied to any payments to producers that lead to an increase in exports.
Industry:Economy
1. Export promotion; thus the substitution of production for export in place of production for the domestic market. Contrasts with import substitution. 2. Export of more processed forms of a good instead of only exporting the raw material.
Industry:Economy
A firm whose business consists mainly of international trade: buying goods in one country and selling them in another, thus both exporting and importing. Same as import-export company.
Industry:Economy
1. Balance of payments equilibrium. 2. Any target value for the balance on current account, balance on capital account, or balance of payments. Contrasts with internal balance.
Industry:Economy
A form of increasing returns to scale in which productivity and thus costs of individual firms depend on the output of their entire industry, rather than just their own. Unlike more conventional (internal) scale economies, these are consistent with perfect competition.
Industry:Economy
