J

Jackson Amendment (F1)

An amendment to US trade law proposed in 1975 by Senator Jackson: it denies MOST FAVOURED NATION status to countries not permitting free emigration.

Jamaica Agreement (F3)

An agreement made by members of the INTERNATIONAL MONETARY FUND in 1974 whereby the IMF sold one-third of its gold stock, making the profits of the sale the basis of a special trust fund which provides balance of payments assistance on soft terms to the poorest countries.

See also: soft loan

Japanese auction (D0)

An ENGLISH AUCTION that does not accept any new bidders after the bidding starts. The bidders must indicate whether they want to continue to bid, or drop out.

Japanese capitalism (P1)

A set of economic institutions founded during the ...

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