The revenue reported on an income statement.

An auction in which the winner pays his winning bid, but each other bidder must pay the difference between his […]

The total gains from trade received by all parties involved in the exchange. It is measured as the sum of […]

Value of exports minus the value of imports. Also known as: net exports. See also: trade deficit, trade surplus.

The transport costs, tariffs or other factors incurred in trading between markets in two countries that mean that, for affected […]

A country’s negative trade balance (it imports more than it exports). See also: trade surplus, trade balance.

A change in one trait to improve another trait. For instance, an increase in production may lead to a decrease […]

A country’s positive trade balance (it exports more than it imports). See also: trade deficit, trade balance.

An organization consisting predominantly of employees, the principal activities of which include the negotiation of rates of pay and conditions […]

A logo, a name, or a registered design typically associated with the right to exclude others from using it to […]