Production by machinery, usually computer-controlled, without the need for immediate human intervention. This is particularly useful where extreme accuracy is required, or in processing dangerous materials, where it may be difficult and expensive to protect human operatives. While the operation of automated plants uses very little labour, designing, producing and setting up the equipment usually requires very large amounts of skilled work. Human operatives may also be used as an additional safeguard to monitor the working of automated equipment. For any given level of output automation usually means fewer but better jobs.

• Tobin's q
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• Tokyo Round
• total cost
• total domestic expenditure
• total final expenditure
• total revenue
• total utility
• tradables
• trade
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• trade bill
• trade creation
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• trade cycle
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• trade-mark
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• trade-off
• trade policy
• Trade-Related Intellectual Property Rights