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In economics a trade-off is expressed in terms of the opportunity cost of a particular choice, which is the loss of the most preferred alternative given up. [2] A tradeoff, then, involves a sacrifice that must be made to obtain a certain product, service, or experience, rather than others that could be made or obtained using the same required resources.
This is an accepted version of this page This is the latest accepted revision, reviewed on 29 January 2025. Economy of Bangladesh Motijheel C/A, the downtown of Dhaka Currency Bangladeshi taka (BDT, ৳) Fiscal year 1 July – 30 June Trade organizations SAFTA, SAARC, BIMSTEC, WTO, AIIB, IMF, Commonwealth of Nations, World Bank, ADB, Developing-8 Country group Developing/Emerging Lower-middle ...
An equity-efficiency tradeoff appears when there is some kind of conflict between maximizing the equity and maximizing economic efficiency. The trade-off between equity and efficiency is at the heart of many discussions of tax policy. Two questions are debated. First, there is disagreement about the nature of the trade-off .
A professor of history at the University of Dhaka, the oldest and largest university in Bangladesh, Islam gave up his day job five years before the formal date for retirement, to make time for Banglapedia. [9] He also edited the 3 volumes of the History of Bangladesh (political, economic and socio-cultural), published by the Asiatic Society In ...
The Trading Corporation of Bangladesh (TCB) was established on January 1, 1972, by Sheikh Mujibur Rahman to ensure adequate supply of essential commodities and industrial raw materials in the volatile economic condition during the post-independence period.
An economy [a] is an area of the production, distribution and trade, as well as consumption of goods and services. In general, it is defined as a social domain that emphasize the practices, discourses, and material expressions associated with the production, use, and management of resources. [ 3 ]
BIGUF has 18 affiliated factory trade unions with 8,000 dues paying members. According to BIGUF's constitution, 20 of the 25 executive committee members, including president and general secretary, need to be female. [1] They also need to have worked at a garment factory in Bangladesh for at least five years.
Bangladesh is a unitary parliamentary republic based on the Westminster system. It is a middle power with the second-largest economy in South Asia. Bangladesh is home to the third-largest Muslim-majority population and the fifth-most spoken native language.