An industry where there are few advantages in any particular location, so that small differences in cost can lead to large shifts in location. This is contrasted with extractive industries tied to particular inputs, service industries which need to be close to their markets, and industries with large sunk costs, where major shifts in location are difficult.

• Borrow, General Agreement to
• borrowing
• borrowing, consumer
• Borrowing Requirement, Public Sector
• bottleneck
• bottom line
• bound
• boundary, production possibility
• bounded rationality
• Bowley box
• box diagram
• boycott
• BP curve
• Brady Plan
• brain drain
• branch banking
• brand
• brand loyalty
• Brandt Report
• break-even
• break-up value
• Bretton Woods
• broad money
• broker
• brokerage