Occupation therapy or OT aims to improve people`s ability to perform everyday tasks – specifically, people who are having difficulties. Occupational therapy is the use of specific activities or aids to help people who are recovering from a mental or physical illness. OT is a healthcare profession that focuses on […]
Author: financial Terms
What is affiliate marketing? Definition and examples
Affiliate marketing is a marketing arrangement in which an online retailer pays a commission to another website. The other site receives a commission on the sales or traffic it generates from its referrals. In other words, it’s a way for your website or blog to earn commissions for promoting other […]
What is a trade barrier? Definition and examples
Trade barriers are restrictions imposed by governments on trade with other countries. Trade barriers make international trade more difficult and expensive. They are usually made to protect domestic manufacturers. Trade barriers take the form of tariff or non-tariff barriers. The Cambridge Dictionary defines a trade barrier as: “Something like an […]
What is a trade war? Definition and meaning
A trade war is a situation stemming from extreme protectionism, in which two countries attack each other’s trade with tariffs or quotas. Cambridge Dictionary defines a trade war as “a situation in which two or more countries raise taxes and import quotas (= limit the quantity of goods) in an attempt […]