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Boyd Orr, John Boyd Orr, 1st Baron

(Encyclopedia)Boyd Orr, John Boyd Orr, 1st Baron, 1880–1971, British nutritionist and agricultural scientist, b. Scotland, grad. Univ. of Glasgow. He was professor of agriculture at the Univ. of Aberdeen (1942–...

Zoellick, Robert Bruce

(Encyclopedia)Zoellick, Robert Bruce zĕlˈlĭk [key], 1953–, U.S. government official and finance executive, b. Evergreen Park, Ill., grad. Swarthmore College (B.A., 1975), Harvard (J.D., M.P.P. 1981). As an ass...

most-favored-nation clause

(Encyclopedia)most-favored-nation clause (MFN), provision in a commercial treaty binding the signatories to extend trading benefits equal to those accorded any third state. The clause ensures equal commercial oppor...

Association of Southeast Asian Nations

(Encyclopedia)Association of Southeast Asian Nations (ASEAN), organization established by the Bangkok Declaration (1967), linking the nations of Indonesia, Malaysia, Philippines, Singapore, and Thailand. Subsequent...

Bentsen, Lloyd Millard, Jr.

(Encyclopedia)Bentsen, Lloyd Millard, Jr., 1921–2006, American political leader and U.S. secretary of the treasury (1993–94), b. Mission, Tex. He received a law degree from the Univ. of Texas in 1942 and served...

protection

(Encyclopedia)protection, practice of regulating imports and exports with the purpose of shielding domestic industries from foreign competition. To accomplish that end, certain imports may be excluded entirely, imp...

Latin American Integration Association

(Encyclopedia)Latin American Integration Association (LAIA), organization formed in 1980 by Argentina, Bolivia, Brazil, Chile, Colombia, Ecuador, Mexico, Paraguay, Peru, Uruguay, and Venezuela, taking over the duti...

union, labor

(Encyclopedia)union, labor, association of workers for the purpose of improving their economic status and working conditions through collective bargaining with employers. Historically there have been two chief type...

commerce, in economics

(Encyclopedia)commerce, traffic in goods, usually thought of as trade between states or nations. Engaged in by all peoples from the earliest times, it has been carried on in some areas and by some peoples more than...

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