trade value

  • 111History of trade of 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 …

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  • 112active trade balance — trade balance (difference between the value of all imports and the value of all exports) which shows constant action …

    English contemporary dictionary

  • 113Law of value — The law of value is a concept in Karl Marx s critique of political economy. Most generally, it refers to a regulative principle of the economic exchange of the products of human work: the relative exchange values of those products in trade,… …

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  • 114Surplus value — is a concept created by Karl Marx in his critique of political economy, where its ultimate source is unpaid surplus labor performed by the worker for the capitalist, serving as a basis for capital accumulation.The German equivalent word Mehrwert… …

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  • 115international trade — Introduction       economic transactions that are made between countries. Among the items commonly traded are consumer goods, such as television sets and clothing; capital goods, such as machinery; and raw materials and food. Other transactions… …

    Universalium

  • 116Exchange value — In political economy and especially Marxian economics, exchange value refers to one of four major attributes of a commodity, i.e., an item or service produced for, and sold on, the market. The other three aspects are use value, value and price.… …

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  • 117Balance of trade — Cumulative Current Account Balance 1980–2008 based on the International Monetary Fund data …

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  • 118Terms of trade — In international economics and international trade, terms of trade or TOT is the relative prices of a country s export to import. Terms of trade are sometimes used as a proxy for the relative social welfare of a country, but this heuristic is… …

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  • 119Subjective theory of value — The subjective theory of value (or theory of subjective value ) is an economic theory of value that holds that to possess value an object must be both useful and scarce, [Moser, John. The Origins of the Austrian School of Economics, Humane… …

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  • 120Fair trade — For other uses, see Fair trade (disambiguation). Fair trade is an organized social movement and market based approach that aims to help producers in developing countries make better trading conditions and promote sustainability. The movement… …

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