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Tobin tax |
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Tobin tax [ˈtəʊbɪn]
n (Economics) a proposed tax on foreign-exchange transactions intended to discourage destabilizing speculation while also raising large revenues that could be channelled to the developing world [late C20: after James Tobin (1918-2002), US economist who proposed it] Want to thank TFD for its existence? Tell a friend about us, add a link to this page, add the site to iGoogle, or visit the webmaster's page for free fun content. |
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