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External funds |
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External fundsFunds originating from a source outside the corporation to increase cash flow and to aid in expansion efforts, e.g., bank loan or bond offering.External funds Similar MatchesExternal economies of scaleExternal economies of scaleA form of increasing returns to scale in which productivity and thus costs of individual firms depend on the output of their entire industry, rather than just their own. Unlike more conventional (internal) scale economies, these are consistent with perfect competition. Positive externalityPositive externalityA beneficial externality; that is, a beneficial effect of one economic agent's actions on another. Considered a distortion because the first agent has inadequate incentive to act. Examples are the attractiveness of well-kept farms for the tourism industry (a production externality) and reduced contagion of disease due to vaccines (a consumption externality). External increasing returns to scaleExternal increasing returns to scaleExternal economies of scale. Externalities argument for protectionExternalities argument for protectionThe (second best) argument that an industry should be protected because it generates positive externalities for other industries or consumers. External balanceExternal balance1. Balance of payments equilibrium. 2. Any target value for the balance on current account, balance on capital account, or balance of payments. Further SuggestionsHarmful externalityNegative externality Consumption externality External economy Production externality Externality Common external tariff External debt External diseconomy |
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