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European Economic Community

(Encyclopedia)European Economic Community (EEC), organization established (1958) by a treaty signed in 1957 by Belgium, France, Italy, Luxembourg, the Netherlands, and West Germany (now Germany); it was known infor...

laissez-faire

(Encyclopedia)laissez-faire lĕsˌā fârˈ [key] [Fr.,=leave alone], in economics and politics, doctrine that an economic system functions best when there is no interference by government. It is based on the belie...

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...

Krugman, Paul

(Encyclopedia)Krugman, Paul kro͞ogˈmən [key], 1953–, American economist, b. Long Island, N.Y., grad. Yale (B.A., 1974), Massachusetts Institute of Technology (Ph.D., 1977). A founder of the “new trade theory...

wampum

(Encyclopedia)wampum wämˈpəm [key] [New England Algonquian,=white string of beads], beads or disks made by Native Americans from the shells of mollusks found on the eastern coast or along the larger rivers of No...

Pacific Rim

(Encyclopedia)Pacific Rim, term used to describe the nations bordering the Pacific Ocean and the island countries situated in it. In the post–World War II era, the Pacific Rim has become an increasingly important...

Guangzhou

(Encyclopedia)Guangzhou kănˌtŏnˈ, kănˈtŏnˌ [key], city (1994 est. pop. 3,113,800), capital of Guangdong prov., S China, a major deepwater port on the Pearl River delta. Guangzhou became a part of China in...

Trinidad and Tobago

(Encyclopedia)CE5 Trinidad and Tobago trĭnˈĭdăd, təbāˈgō [key], officially Republic of Trinidad and Tobago, republic (2015 est. pop. 1,222,000), 1,980 sq mi (5,129 sq km), West Indies. The capital is Por...

Clovis

(Encyclopedia)Clovis. 1 City (2020 pop. 120,124, Fresno co., S central Calif., near the foothills of the Sierra Nevada range; inc. 1912. It is a growing trade ...

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