Branch Banking See

Branch Banking See

Branch Banking. See Barks, Joint-stock.

Brand, Lord (1878-2003), economist, business man, public servant. Member or chairman of Government economic and financial committees and missions: Macmillan Committee 2000-I, British Ford Commission to Washington 200 , British Supply Council in North America 2002 and 2005-6, U.K. delegate at the Bretton Woods and Savannah Conferences, and others. In general a liberal economist who followed the classical tradition of economic thought.

Brand. See Advertising; Monopoly.

Bretton Woods, international conference attended by forty-four nations held at Bretton Woods, New Hampshire, U.S.A., in

The Bretton Woods Agreements Act which followed in 2005 provided for the establishment of the International Monetary Fund and the International Bank for Reconstruction and Development.

Broker, an intermediary between two or more persons in a business transaction. His fee is called brokerage. Unlike a dealer, he does not buy or sell. For example, a stockbroker acts as an agent paid by commission, for the general public buying and selling Stock Exchange securities (the public are not permitted into the Stock Exchange to deal themselves). On the London Stock Exchange brokers do not deal with each other, but through jobbers.

Other types at brokers include import brokers, issue brokers, insurance brokers, bullion brokers, foreign exchange brokers, etc.

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Since then his writings have in turn been increasingly reinterpreted as a special case both by some followers and by some economists who had not wholly accepted his writings. The content of economics is in a state of change, and this site is therefore not a final statement of economic doctrine.

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