GULF TIGER
Colloquial term referring to the glittering and emirate of Dubai in the Middle East country of the United Arab Emirates (UAE). Dubai laid its claim as a tiger economy after many years of having double-digit economic growth from the mid-1990s onwards. While oil exports serve as the initial foundation for its economy, Dubai has diversified into other areas of economic activity including construction, real estate, and trade and financial services. Also called Arab Gulf Tiger.
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Game theory mechanism subject to a payoff matrix similar to a prisoner’s dilemma. Anchored on the concepts of retaliation and altruism, this ...
Nonsegregated Disclosures
Information that must be presented legally anywhere in a lease agreement. These are required by the Federal Reserve Board Regulation M. The lease a ...
Product Line
A series of related products which are all made or manufactured by the same company.
Behavioral Economics
The scientific study on how the mind thinks and how each person reacts as it relates to the process of decision making in economics of individuals ...
Infant-Industry Theory
A theory stating the emerging domestic industries must be protected against foreign competition until they become established and mature. In econom ...
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