9 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
Peace clause
Economy; International trade
Provision in Article 13 of the Agriculture Agreement saying agricultural subsidies committed under the agreement cannot be challenged under other WTO agreements, in particular the Subsidies Agreement ...
Panel
Economy; International trade
In the WTO dispute settlement procedure, an independent body is established by the Dispute Settlement body, consisting of three experts, to examine and issue recommendations on a particular dispute ...
Nullification and impairment
Economy; International trade
Damage to a country's benefits and expectations from its WTO membership through another country's change in its trade regime or failure to carry out its WTO obligations.
Paris Convention
Economy; International trade
Treaty, administered by the World Intellectual Property organisation (WIPO), for the protection of industrial intellectual property, i.e. patents, utility models, industrial designs, etc.
Overall trade-distorting domestic support (OTDS)
Economy; International trade
In agriculture, Amber Box + de minimis + Blue Box support.
Offer
Economy; International trade
In a negotiation, a country's proposal for its own further liberalization, usually an offer to improve access to its markets.
Open-ended
Economy; International trade
In the WTO, meetings, usually informal, that are open to all members.
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