Pure exchange economy


 

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Pure exchange economy

A theoretical economy in which goods are not produced, but exist as endowments, and are then traded among consumers.



Similar Matches

Foreign exchange risk

Foreign exchange risk

Exchange risk.


Foreign exchange controls

Foreign exchange controls

Various forms of controls imposed by a government on the purchase/sale of foreign currencies by residents or on the purchase/sale of local currency by nonresidents.


Foreign exchange dealer

Foreign exchange dealer

A firm or individual that buys foreign exchange from one party and then sells it to another party. The dealer makes the difference between the buying and selling prices, or the spread.


Kuala Lumpur Stock Exchange (KLSE)

Kuala Lumpur Stock Exchange (KLSE)

Established in 1973, the Kuala Lumpur Stock Exchange (KLSE) is the only stock exchange in Malaysia.


Exchange rate determination

Exchange rate determination

The process by which a country's exchange rate comes to be what it is. With a floating exchange rate, this may be modeled in various ways, including the elasticities approach, the monetary approach, the portfolio approach, and the asset approach.


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stock exchange
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