Что (кто) такое leverarm deflection indicator - определение
![credit]] as lagging indicator.](https://commons.wikimedia.org/wiki/Special:FilePath/CycleSandwich.png?width=200 "credit]] as lagging indicator.")
![Corporate equities as leading indicator with respect to [[GDP]].](https://commons.wikimedia.org/wiki/Special:FilePath/EquityBDP.png?width=200 "Corporate equities as leading indicator with respect to [[GDP]].")
![[[Federal Funds Rate]] in the USA lagging behind [[capacity utilization]] in [[manufacturing]].](https://commons.wikimedia.org/wiki/Special:FilePath/FedfundsCAP.png?width=200 "[[Federal Funds Rate]] in the USA lagging behind [[capacity utilization]] in [[manufacturing]].")
![The [[wage share]] (arguably) as countercyclical, but also as a lagging indicator with respect to the [[employment rate]] as procyclical indicator in the USA](https://commons.wikimedia.org/wiki/Special:FilePath/Goodwin2 fredgraph.png?width=200 "The [[wage share]] (arguably) as countercyclical, but also as a lagging indicator with respect to the [[employment rate]] as procyclical indicator in the USA")
Википедия
Trade diversion is an economic term related to international economics in which trade is diverted from a more efficient exporter towards a less efficient one by the formation of a free trade agreement or a customs union. Total cost of good becomes cheaper when trading within the agreement because of the low tariff. This is as compared to trading with countries outside the agreement with lower cost goods but higher tariff. The related term Trade creation is when the formation of a trade agreement between countries decreases the price of the goods for more consumers, and therefore increases overall trade. In this case the more efficient producer with the agreement increases trade.
The terms were used by 'old' Chicago School economist Jacob Viner in his 1950 paper The Customs Union Issue.
