7 Terms
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International economics
International trade theories, policies, finances and their effects on economic activities.
Industry: Economy
Add a new termContributors in International economics
International economics
ACP Countries
Economy; International economics
A group of African, Caribbean, and Pacific less developed countries that were included in the Lomé Convention and now the Cotonou Agreement. As of June 2007, the group included 79 countries.
Actionable subsidy
Economy; International economics
A subsidy that is not prohibited by the WTO but that member countries are permitted to levy countervailing duties against.
Administered price
Economy; International economics
A price for a good or service that is set and maintained by government, usually requiring accompanying restrictions on trade if the administered price differs from the world price.
Administrative agency
Economy; International economics
A unit of government charged with the administration of particular laws. In the United States, those most important for administering laws related to international trade are the ITC and ITA.
Advance deposit requirement
Economy; International economics
A requirement that some proportion of the value of imports, or of import duties, be deposited prior to payment, without competitive interest being paid.
Adverse terms of trade
Economy; International economics
A terms of trade that is considered unfavourable relative to some benchmark or to past experience. Developing countries specialised in primary products are sometimes said to suffer from adverse or ...
Jubilee 2000
Economy; International economics
A movement advocating the cancellation of debts that burden developing countries, intended to occur in the year 2000.
