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Small country assumption |
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Small country assumptionThe assumption in an economic model that a country is too small to affect world prices, incomes, or interest rates.Similar MatchesAssumptionAssumptionWhen a buyer assumes the loan payments and obligations of the seller. If the buyer defaults, however, both the buyer and seller are responsible for the debt. Zero prepayment assumptionZero prepayment assumptionThe assumption of payment of scheduled principal and interest with no payments. Assumption clauseAssumption clauseA clause stating that the seller has passed to the buyer full responsibility for the mortgage on the property. Often, an assumption fee must be paid to the mortgage lender. Economic assumptionsEconomic assumptionsGeneral market environment a firm expects to operate in over the life of a financial plan. Armington assumptionArmington assumptionThe assumption that internationally traded products are differentiated by country of origin. Due to Armington (1969) in an international macroeconomic context, but now a standard assumption of international CGE models, used to generate smaller and more realistic responses of trade to price changes than implied by homogeneous products. Further SuggestionsAssumption of NoteAssumption Perfect market assumptions Homogeneous expectations assumption |
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