|
FAVORABLE BALANCE OF TRADE: An imbalance in a nation's balance of trade in which the payments for merchandise exports received by the country exceed payments for merchandise imports paid by the country. This is also termed a balance of trade surplus. It's considered favorable because more goods are exported out of the country than are imported in, meaning that foreign production is replaced with domestic production, which then increases domestic employment and income. A balance of trade surplus is often the source of a balance of payments surplus.
Visit the GLOSS*arama
|
|
![](../images/bar_teal.jpg)
|
|
GAME THEORY An analysis that illustrates how the choices between two players affect the outcomes of a "game." Game theory is commonly used to explain the behavior and decision making of oligopolistic firms. It illustrates that cooperation, rather competition, between two "players" can lead to an outcome that is more beneficial to both players.
Complete Entry | Visit the WEB*pedia |
![](../images/bar_dkblue.jpg)
![](../images/bar_dkblue.jpg)
|
|
BLUE PLACIDOLA [What's This?]
Today, you are likely to spend a great deal of time flipping through the yellow pages seeking to buy either a coffee cup commemorating the first day of spring or a printer that works with your stockpile of ink cartridges. Be on the lookout for the happiest person in the room. Your Complete Scope
This isn't me! What am I?
|
|
Two and a half gallons of oil are needed to produce one automobile tire.
|
|
"Old age isn't so bad when you consider the alternative. " -- Cato, Roman orator
|
|
ARIMA Autoregressive Integrated Moving Average
|
|
Tell us what you think about AmosWEB. Like what you see? Have suggestions for improvements? Let us know. Click the User Feedback link.
User Feedback
|
![](../images/bar_ltblue.jpg)
|