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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 ...
In economics, the market mechanism is a mechanism by which the use of money exchanged by buyers and sellers with an open and understood system of value and time trade-offs in a market tends to optimize distribution of goods and services in at least some ways.
Researchers in political economy have viewed the trade-off between military and consumer spending as a useful predictor of election success. [1] In this example, a nation has to choose between two options when spending its finite resources. It may buy either guns (invest in defense/military) or butter (invest in production of goods), or a ...
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 first attempt to compile a Bengali encyclopedia was undertaken by Felix Carey (1786–1822), who was the son of Reverend William Carey (1761–1834) of Serampore and the first lexicographer of the Burmese language. In 1819, he began the translation of the fifth edition of Encyclopædia Britannica, naming it Vidyarthabali. From October 1819 ...
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$5.2 trillion (2023).
Besides, the U.S. is the largest ICT market in the world representing 33 percent of the total or approximately US$ 1.8 trillion market size in 2022 with more than 0.52 million software and IT services companies collectively contributing 9.3 percent to the US GDP making them the top ICT export destination for Bangladesh as the USA has also the ...