Lead strategy
Collecting foreign currency receivables early when a foreign currency is expected to depreciate, and paying foreign currency payables before they are due when a currency
is expectecd to appreciate.
Local content requirement
A requirement that some specific fraction of a good be produced domestically.
Mercantilism
An economic philosophy advocating that countries should simultaneously encourage exports and discourage imports.
Minimum efficient scale
The level of output at which most plant-level scale economies are exhausted.
Mixed economy
Certain sectors of the economy are left to private ownership and free market mechanisms, while other sectors have significant government ownership and government planning.