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Metzler paradox (F1)<br />Despite a tariff imposing a charge, it can lead to a lower post-tariff price if the world price is forced down through an inelastic foreign demand for the importing country's export good.<br /><em>Reference</em><br />Metzler, LA. (1949) 'Tariffs, international demand, and domestic prices', Journal of Political Economy, 57:345-51.
hurdle rate of return (M2)<br />The minimum rate of return to an investment project to justify it being undertaken.
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Plowden Committee (H5) see Public Expenditure Survey Committee
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