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International trade
The buying and selling of goods, services and capital across international borders or territories.
Industry: Economy
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International trade
Precautionary principle
Economy; International trade
Member countries are encouraged to use international standards, guidelines and recommendations where they exist. When they do, they are unlikely to be challenged legally in a WTO dispute. However, ...
Pro-rating
Economy; International trade
In Doha Round agriculture, a proposal, to adapt the calculation for triggering the SSM safeguard so that it takes into account the effect of an SSM in an earlier period. Imports in an earlier period ...
Preshipment inspection (PSI)
Economy; International trade
The practise of employing specialised private companies to cheque shipment details of goods ordered overseas i.e. price, quantity, quality, etc.
Protocols
Economy; International trade
Additional agreements attached to the GATS. The Second Protocol deals with the 1995 commitments on financial services. The Third Protocol deals with movement of natural persons. The Fourth Protocol ...
Piracy
Economy; International trade
Unauthorised copying of materials protected by intellectual property rights (such as copyright, trademarks, patents, geographical indications, etc) for commercial purposes and unauthorised commercial ...
Prudence, prudential
Economy; International trade
In financial services, terms used to describe an objective of market regulation by authorities to protect investors and depositors, to avoid instability or crises.
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