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Also called resource cost advantage. The ability of a party (whether an individual, firm, or country) to produce a greater quantity of a good, product, or service than competitors using the same amount of resources. absorption The total demand for all final marketed goods and services by all economic agents resident in an economy, regardless of the origin of the goods and services themselves ...
Government deficit spending is a central point of controversy in economics, with prominent economists holding differing views. [3]The mainstream economics position is that deficit spending is desirable and necessary as part of countercyclical fiscal policy, but that there should not be a structural deficit (i.e., permanent deficit): The government should run deficits during recessions to ...
Gairaigo are Japanese words originating from, or based on, foreign-language, generally Western, terms.These include wasei-eigo (Japanese pseudo-anglicisms).Many of these loanwords derive from Portuguese, due to Portugal's early role in Japanese-Western interaction; Dutch, due to the Netherlands' relationship with Japan amidst the isolationist policy of sakoku during the Edo period; and from ...
In 2017, over 3 million tests were taken in more than 140 countries, up from 2 million tests in 2012, 1.7 million tests in 2011 and 1.4 million tests in 2009. In 2007, IELTS administered more than one million tests in a single 12-month period for the first time ever, making it the world's most popular English language test for higher education ...
The following is a non-exhaustive list of standardized tests that assess a person's language proficiency of a foreign/secondary language. Various types of such exams exist per many languages—some are organized at an international level even through national authoritative organizations, while others simply for specific limited business or study orientation.
The word calque is a loanword, while the word loanword is a calque: calque comes from the French noun calque ("tracing; imitation; close copy"); [5] while the word loanword and the phrase loan translation are translated from German nouns Lehnwort [6] and Lehnübersetzung (German: [ˈleːnʔybɐˌzɛt͡sʊŋ] ⓘ).
Loanwords have entered written and spoken Chinese from many sources, including ancient peoples whose descendants now speak Chinese. In addition to phonetic differences, varieties of Chinese such as Cantonese and Shanghainese often have distinct words and phrases left from their original languages which they continue to use in daily life and sometimes even in Mandarin.
Behest loan [16] — A loan granted to individuals or corporations favored by a powerful government official despite their lack of qualifications to receive such a loan. It is a mechanism for graft and political corruption particularly used in authoritarian regimes , where financial institutions such as banks are placed under intense pressure ...