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Policy instruments

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Gender pay gap

80% of UK companies and public sectors organisations pay women less than men.

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Policy instruments - definition

A policy instrument is an individual economic tool which can be used to manipulate an economic variable to achieve an economic objective. Instruments include interest rates, tax rates, subsidies, minimum prices and wages, and legislation.


WTO rules

What exactly is the 'most favoured nation' rule?

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Model agencies collude to fix rates

Regulators find leading model agencies guilty of price fixing.

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Customs unions

Costs and benefits of customs unions.

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Savings ratio

Savings ratio falls to lowest level on record.

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