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GICSee: Guaranteed Investment ContractGIC Similar MatchesParticipating GICParticipating GICA guaranteed investment contract whose policyholder is not guaranteed a crediting rate, but instead receives a return based on the actual experience of the portfolio managed by the life insurance company. Strategic buyoutStrategic buyoutAcquisition of another firm in order to realize some operational benefits which will result in increased earnings. Technological progressTechnological progressA technological change that increases output for any given input. Strategic trade policy argument for a tariffStrategic trade policy argument for a tariffIn an example of strategic trade policy, the use of a tariff to extract monopoly profits from a foreign monopolist, or to shift profit from foreign to domestic competitors in an international oligopoly. The monopoly case seems to have originated with Katrak (1977), but the classic treatment of the larger issue is Brander and Spencer (1984). Technological changeTechnological changeA change in a production function that alters the relationship between inputs and outputs. Normally it is understood to be an improvement in technology, or technological progress, and it is of interest in international economics for its implications for trade and economic welfare. Further SuggestionsTechnological differenceGuaranteed investment contract (GIC) Homohypallagic Fuzzy Logic Strategic alliance Strategic variable Boolean logic Strategic trade policy |
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