19 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
Swing
Economy; International trade
In textiles and clothing, when an exporting country transfers part of a quota from one product to another restrained product.
Special sessions
Economy; International trade
Meetings of WTO councils and committees focusing only on the Doha Development Agenda negotiations.
Specific tariff
Economy; International trade
A tariff rate charged as fixed amount per quantity such as $100 per ton.
HS 6-digit
Economy; International trade
The World Customs Organization's harmonised System (HS) uses code numbers to define products. A code with a low number of digits defines broad categories of products; additional digits indicate ...
Accession
Economy; International trade
Becoming a member of the WTO, signing on to its agreements. New members have to negotiate terms bilaterally with individual WTO members and multilaterally: (1) to convert the results of the bilateral ...
Three pillars
Economy; International trade
The main areas covered by the agriculture negotiations: export competition (export subsidies and related issues), domestic support and market access.
Council for Trade in Goods (CTG)
Economy; International trade
WTO agency that oversees WTO agreements on goods, including the ATC.
