The Reference Library
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.
- Terms
- 7,503 terms· showing letter A (465)
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- 31 categories
Showing 7 entries — matching your filters
A
7 entriesAbsolute Advantage
A situation where a country can produce a good or service more efficiently than…
Adam Smith's Invisible Hand
The self-regulating behavior of the marketplace where individuals' pursuit of…
Asia-Pacific Economic Cooperation (APEC)
A 21-member regional economic forum founded in 1989 to promote free trade,…
Asymmetric Information
A condition where one party in a negotiation or transaction has more or better…
Atkinson Index
A measure of income inequality that incorporates a society's aversion to…
Austrian School
A heterodox economic tradition originating in late-19th-century Vienna that…
Autarky
An economic policy or condition where a country aims for self-sufficiency,…