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Diplomacy & Politics Glossary
Every term you need — from Model UN procedure to international law, economics, and political theory. Clear definitions, real examples, and cross-linked concepts.
2302 terms across 11 categories
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3 termsTrade Complementarity
A measure of how well the export profile of one country matches the import profile of another, facilitating bilateral trade.
Economics & Trade
Trade Elasticity
A measure of how sensitive the quantity of traded goods is to changes in trade costs or prices.
Economics & Trade
Trade Elasticity of Demand
The responsiveness of quantity demanded of traded goods to changes in their prices internationally.
Economics & Trade