Fiscal Policy. Fiscal Policy refers to the use of the spending levels and tax rates to influence the economy. It is the sister strategy to monetary policy which deals with the central bankâs influence over a nationâs money supply. The governing bodies use combinations of both these policies to achieve the desired economic goals.
Definition of carriage trade. : trade from well-to-do or upper-class people; also : well-to-do people.
Unfair Trade Practice. An unfair trade practice consists of using various deceptive, fraudulent or unethical methods to obtain business. Unfair trade practices include misrepresentation, false advertising, tied selling and other acts that are declared unlawful by statute. It can also be referred to as deceptive trade practices.