Lesser Known HL Terms

3. a levy on the profit made from selling an asset that has increased in value, such as stocks, bonds, real estate, or collectibles.
5. a protectionist trade policy and set of laws designed to prevent foreign companies from exporting products into a domestic market at prices lower than their fair market value or production cost
6. a trade agreement between two or more countries that eliminates tariffs on goods traded among members and establishes tariffs on goods imported from non-members
7. theory of decision-making and communication under imperfect or incomplete information
8. concept in behavioral economics, decision making, behavioral policy, social psychology, consumer behavior, and related behavioral sciences.
9. the net profits generated by corporations,
11. the process of transferring ownership, property, or business operations from government (public sector) to private individuals or for-profit corporations
12. a key component of a nation's balance of payments, measuring the net earnings from foreign investments, employee compensation, and transfers
13. the portion of a market controlled by a particular company or product.

1. a government program providing regular, unconditional cash payments to every individual, regardless of income, wealth, or employment status
2. the government supplying goods or services directly to the public, typically funded by taxation rather than market prices.
4. a form of trade agreement between two countries
6. rapid, large-scale exodus of financial assets and money from a country, typically triggered by economic instability
7. the act of buying, selling, or holding assets—such as stocks, commodities, or currencies
8. economics is the minimum level of earnings required to keep a firm in business, occurring when total revenue equals total costs (explicit + implicit costs).
10. this policy is a government’s strategic effort to encourage the development and growth of specific sectors of the economy, such as manufacturing, green energy, or technology