According to the Marxist theory superprofit is the surplus profit above average profit. The economic literature describes it as a surplus profit that was gained above capital gains in a perfect competition. It's nature is temporary since it is the result of special circumstances. Others think that the term is nonsensical since a capitalist always pursues as much profit as possible.Read further
Tags: profit, capital, trade, worldBe the first to comment!
The word embargo came from the Spanish embargar which means to stop, prevent or hold back. In international relations it is a detrimental and special (not applied in normal trading practice) measure that has an intentionally punitive characteristic.Read further
Tags: tolls, taxes, special, tools, monetary, government, investor, loan, financeBe the first to comment!
Franchising is the practice of using another firm's successful business model. The word 'franchise' is of Anglo-French derivation - from franc - meaning free, and is used both as a noun and as a (transitive) verb.Read further
Tags: franchise, french, english, word, hungarianBe the first to comment!