10 Terms
Home > Industry/Domain > Economy > International trade
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
Zeroing
Economy; International trade
An investigating authority usually calculates the dumping margin by getting the average of the differences between the export prices and the home market prices of the product in question. When it ...
Voluntary restraint arrangement (VRA)
Economy; International trade
Bilateral arrangements whereby an exporting country (government or industry) agrees to reduce or restrict exports without the importing country having to make use of quotas, tariffs or other import ...
World Customs organisation (WCO)
Economy; International trade
A multilateral body located in Brussels through which participating countries seek to simplify and rationalise customs procedures.
Working party report
Economy; International trade
Final document passed on to the General Council for approval, covering the applicant country's commitments on opening its markets and on applying WTO rules.
Waiver
Economy; International trade
Permission granted by WTO members allowing a WTO member not to comply with normal commitments. Waivers have time limits and extensions have to be justified.
Washington Treaty
Economy; International trade
Treaty for the protection of intellectual property in respect of lay-out designs of integrated circuits.
Working party
Economy; International trade
Group of WTO members negotiating multilaterally with a country applying to join with the WTO.
