T
Tariff 关税
A tax on goods produced abroad and sold domestically
Tax incidence 税收归宿
The study of who bears the burden of taxation
Technological knowledge 技术知识
Society’s understanding of the best ways to produce goods and services
Theory of liquidity preference 流动偏好理论
Keynes’ theory that the interest rate adjusts to bring money supply and money demand into balance
Total cost 总成本
The amount a firm pays to buy the inputs into production
Total revenue 总收益
The amount a firm receives for the sale of its output; The amount paid by buyers and received by sellers of a good, computed as the price of the good times the quantity sold
Trade balance 贸易余额
The value of a nation’s exports minus the value of its imports, also called net exports
Trade deficit 贸易赤字
An excess of imports over exports
Trade policy 贸易政策
A government policy that directly influences the quantity of goods and services that a country imports or exports
Trade surplus 贸易盈余
An excess of exports over imports
Tragedy of the Commons 公用地悲剧
A parable that illustrates why common resources get used more than is desirable from the standpoint of society as a whole
Transaction costs 交易成本
The costs that parties incur in the process of agreeing and following through on a bargain