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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...

Tel Aviv

(Encyclopedia)Tel Aviv tĕl əvēvˈ [key], city (1994 pop. 355,200), W central Israel, on the Mediterranean Sea. Oficially named Tel Aviv–Jaffa, it is Israel's commercial, financial, communications, and cultural...

Hoxie, Robert Franklin

(Encyclopedia)Hoxie, Robert Franklin hŏkˈsē [key], 1868–1916, American economist, b. Edmeston, W of Cooperstown, N.Y., Ph.D. Univ. of Chicago, 1905. He taught at the Univ. of Chicago from 1906 to 1916. A reali...

Mara, Ratu Sir Kamisese

(Encyclopedia)Mara, Ratu Sir Kamisese, 1920–2004, Fijian political leader. A paramount chief of the Lau Islands, he was educated in Fiji, New Zealand, and England, founded (1960) the Alliance party, and helped ne...

Malta

(Encyclopedia)CE5 Malta môlˈtə [key], officially Republic of Malta, republic (2015 est. pop. 428,000), 122 sq mi (316 sq km), in the Mediterranean Sea S of Sicily. It comprises the islands of Malta (95 sq mi/...

Evatt, Herbert Vere

(Encyclopedia)Evatt, Herbert Vere vĭr ĕvˈət [key], 1894–1965, Australian statesman. He became (1940) a Labor member of the House of Representatives, before being appointed (1941) attorney general and then min...

Meunier, Constantin

(Encyclopedia)Meunier, Constantin kôNstäNtăNˈ mönyāˈ [key], 1831–1905, Belgian sculptor and painter. In paintings of monastic life and of factory workers and miners, his work expressed the dignity of labor...

Stoltenberg, Jens

(Encyclopedia)Stoltenberg, Jens yĕns stōlˈtĕnbĕrk [key], 1959–, Norwegian political leader, b. Oslo. An economist, he graduated (1987) from the Univ. of Oslo and taught (1989–90) there. A member of the Lab...

production

(Encyclopedia)production, in economics, all those activities that have to do with the creation of commodities, by imparting to raw materials utility, added value, or the ability to satisfy human wants. The farmer w...

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