Common use of Measurement of economic development Clause in Contracts

Measurement of economic development. For purposes of clause (i), the measure- ment of economic development shall be based on one or more of the following fac- tors: (I) Per capita income, household per capita income, or per capita gross do- mestic product that does not exceed 85 percent of the average for the country subject to investigation or review. (II) An unemployment rate that is at least 110 percent of the average unem- ployment rate for the country subject to investigation or review. The measurement of economic develop- ment shall cover a 3-year period, but may be a composite measurement and may in- clude factors other than those set forth in this clause.