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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.
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]
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 ...
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 ...
The Bangladesh Economic Zones Authority or BEZA (Bengali: বাংলাদেশ অর্থনৈতিক অঞ্চল কর্তৃপক্ষ) is an agency of the government of Bangladesh tasked with developing special economic zones.
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.
The Bangladesh Trade Union Centre (BTUC) (Bengali: বাংলাদেশ ট্রেড ইউনিয়ন কেন্দ্র, Bānlādēśa ṭrēḍa i'uniẏana kēndra) is a national trade union federation in Bangladesh. It is affiliated internationally with the World Federation of Trade Unions. [3]
Upon the independence in 1971, country's founding leaders shaped the economy of Bangladesh as a socialist economy as described in the constitution, however, liberal democracy wasn't scrapped. But due to economic mismanagement and political turmoil, the economic system resulted in a stagnation, with the deadly famine of 1974 further created a ...