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WTO -- World Trade Organization -- Definition & Example
2021年3月16日 · The WTO was created on January 1, 1995, and is headquartered in Geneva, Switzerland. The WTO replaced the General Agreement on Tariffs and Trade (GATT), which was created in 1948. GATT primarily regulated the trade of goods; the WTO regulates the trade of services and intellectual property as well. GATT still exists as the WTO's umbrella treaty ...
IMF -- International Monetary Fund -- Definition & Example
2020年8月12日 · The IMF's objectives focus on macroeconomic performance and policies, while the World Bank focuses on long-term economic development and poverty-reduction issues. The IMF works actively with the World Bank, the World Trade Organization, the United Nations, and other international bodies that share an interest in international trade.
Trade Bloc | Definition & Examples - InvestingAnswers
2021年1月8日 · While Uruguay was in the midst of GATT negotiations, the World Trade Organization (WTO) was created in 1995 as GATT’s successor. The WTO is the only international organization that handles global trade rules between countries worldwide. Its purpose is to ensure that trade blocs help trade more flow freely, predictably, and smoothly.
OECD Meaning, Definition & Example | InvestingAnswers
2020年9月29日 · How Does the Organization for Economic Cooperation and Development (OECD) Work? The OECD was formed in 1948 as part of the plan to rebuild Europe following the Second World War, known as the Marshall Plan. The OECD comprises delegations from numerous market economies. Member states include:
Cartel Definition & Example - InvestingAnswers
2021年3月16日 · One of the world's best-known cartels is the Organization of Petroleum Exporting Countries (OPEC). Cartels are most effective when the demand for the cartel's product is not very price sensitive. This is why cartels are more effective in the short term; over the long term, prices often become elastic as consumers find cheaper substitutes for ...
Quota Definition & Example - InvestingAnswers
2019年10月1日 · Quotas are usually set by government or by an organization of producers of a particular product. For trade quotas, governments set the quota limiting the import of a particular product, restricting the access to the domestic market by an offshore producer, and giving the domestic producers the opportunity to improve their position in the market ...
FTC -- Federal Trade Commission -- Definition & Example
2019年10月1日 · For example, the FTC might investigate whether a retail company has special agreements with a supplier that violates anti-trust law and gives them an unfair advantage over their competitors. The third bureau within the FTC is the Bureau of Economics , which acts in support of the other two bureaus by providing expert economic research and ...
Internal Rate of Return | Formula & Definition - InvestingAnswers
2021年3月8日 · Both NPV and IRR can help provide analysts with a clearer picture of projects (or investments) that can add the most value to an organization. Example: IRR vs. NPV. Let’s look back at the example from earlier: The $300,000 machine would return $460,000 in additional profits ($150,000 + $150,000 + $150,000 + $10,000 = $460,000).
Break Even Analysis | Examples & Meaning - InvestingAnswers
2021年5月9日 · Some fixed costs increase after a certain level of revenue is reached. For example, if Restaurant ABC begins selling 5,000 pizzas per month – rather than 2,000 – it might need to hire a second manager, thus increasing labor costs. Break-Even Analysis Benefits . Break-even analysis is a great way to determine a business’ profitability.
Mutual Fund Definition, Example, and Pros and Cons
2020年10月15日 · For example, if you want to be invested in 60% equities and 40% fixed-income, and your equities have grown and now represent 70% of your overall portfolio, you may need to sell 10% of your equities to purchase more fixed-income mutual funds. This will help you regain the 60/40 balance that you prefer in your investing portfolio. Mutual Fund Fees