10 Terms
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International trade
The buying and selling of goods, services and capital across international borders or territories.
Industry: Economy
Add a new termContributors in International trade
International trade
International Office of Epizootics
Economy; International trade
Deals with international standards concerning animal health.
Special safeguard mechanism (SSM)
Economy; International trade
In Doha Round agriculture: a tool that will allow developing countries to raise tariffs temporarily to deal with import surges or price falls.
Special products (SP)
Economy; International trade
In Doha Round agriculture: products for which developing countries are to be given extra flexibility in market access for food and livelihood security and rural development.
Sanitary and phytosanitary measures (SPS)
Economy; International trade
Measures dealing with food safety and animal and plant health -- sanitary: for human and animal health; phytosanitary: for plants and plant products
Tariff binding
Economy; International trade
Commitment not to increase a rate of duty beyond an agreed level. Once a rate of duty is bound, it may not be raised without compensating the affected parties.
Subsidy
Economy; International trade
There are two general types of subsidies: export and domestic. An export subsidy is a benefit conferred on a firm by the government that is contingent on exports. A domestic subsidy is a benefit not ...
Special safeguard
Economy; International trade
Temporary increase in import duty to deal with import surges or price falls, under provisions that are special to the Agriculture Agreement.
