Economics

Digital gold currency (DGC) is an electronic form of money that is backed by gold reserves held in vaults by private agencies. It is a…

Economic sanctions are defined as the withdrawal of customary trade and financial relations for foreign- and security policy purposes. Economic sanctions are commercial and financial…

A free trade area is a group of countries that have few or no barriers to trade in the form of tariffs or quotas between…

Commodity money has been used throughout history as a medium of economic exchange. It is money whose value comes from a commodity of which it is…

Demand Note is a promissory note payable on demand. It is a loan with no fixed term or repayment schedule. It is a type of…

Free economic zones (FEZ) are an area within which goods may be received and stored without payment of duty. Free economic zones (FEZ) also known…

Export control regulations are federal laws that prohibit the unlicensed export of certain commodities or information for reasons of national security or protection of trade.…

Free Trade is an international trade left to its natural course without tariffs, quotas, or other restrictions. It is a trade policy that does not…

Time-based currency is a type of currency, the value of which is based on units of time. In economics, it is an alternative currency or…

Definition of Demand-Pull Inflation – Demand-pull inflation could be a term won’t describe when prices rise because the mixture demand in an economy is bigger…

Demand-Pull Inflation is a type of inflation that occurs when aggregate demand for products and services outruns aggregate supply due to monetary factors and/or real…

Cost-push inflation means the rise within the general index number caused by the increase in prices of the factors of production, because of the shortage…