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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 28 February 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 ...
Trading Corporation Of Bangladesh (TCB) (Bengali: ট্রেডিং কর্পোরেশন অব বাংলাদেশ (টিসিবি)) is a wing of the Commerce Ministry of Bangladesh to deal with different trades and businesses. [1] Currently the chairman of TCB is Brigadier General Md Mostofa Iquebal, afwc, psc. [2]
The economy of Dhaka contributes 40% of Bangladesh's gross domestic product. If Dhaka were a sovereign nation, it would rank as the 50th largest economy in the world and fifth largest economy in South Asia, ahead of Myanmar, Nepal, Bhutan, Maldives, Afghanistan and behind India, Bangladesh, Pakistan and Sri Lanka.
The Bay of Bengal Initiative for Multi-Sectoral Technical and Economic Cooperation (BIMSTEC) is an international organisation of seven South Asian and Southeast Asian nations, housing 1.73 billion people and having a combined gross domestic product of US$5.2 trillion (2023).
In order to stimulate rapid economic growth of the country, particularly through industrialization, the government has adopted an 'Open Door Policy' to attract foreign investment to Bangladesh. The BEPZA is the official organ of the government to promote, attract and facilitate foreign investment in the EPZs.
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 ...
International Linkages FBCCI maintains close relations with Trade and Industrial Associations and other mercantile and public bodies abroad. FBCCI is the member of different international bodies, such as International Chamber of Commerce (ICC), Islamic Chamber of Commerce and Industry (ICCI), Confederation of Asia-Pacific Chambers of Commerce and Industry (CACCI), and the SAARC Chamber of ...