set that contains all straight line segments joining points within. Complementary demand In the context of development via import substitution, this refers to the need for sufficient domestic demand for any industrial product the production of which is to be encouraged. Cross subsidy The use of profits from one activity to cover losses from another. Coverage ratio A measure of the presence of nontariff barriers, defined as the value of imports subject to one or a group of NTBs, divided by the total value of imports. They are similar to the keiretsu of Japan, except that the chaebol do not own banks. This was superseded by the accession of these countries to the Europeann Union. Currency crisis The crisis that occurs when particpants in an exchange market come to perceive that an attempt to maintain a pegged exchange rate is about to fail, causing speculation against coupon reduction direct fournitures the peg that hastens the failure and forces a devaluation. The exchange rate between two currencies as implied by their values with respect to a third currency. Thank goodness I discovered 1ShoppingCart - it was a dream come true!
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Equivalent to an FTA plus a common external tariff. A group of countries that peg their different national currencies to a single currency. In times of crisis, governments sometimes restrict such exchange, giving rise to black market exchange rates. Production of only one good. The purposes are to treat imports equally with domestic goods that are subject to costly environmental regulation or tax, and also to motivate other countries to use such environmental policies. It stands for "cost, insurance, and freight but is used only as these initials (usually lower case:.i.f.).