Home > Industry/Domain > Economy > International trade

International trade

The buying and selling of goods, services and capital across international borders or territories.

Contributors in International trade

International trade

Free trade area

Economy; International trade

Trade within the group is duty free but members set their own tariffs on imports from non-members (e.g. NAFTA).

General obligations

Economy; International trade

Obligations which should be applied to all services sectors at the entry into force of the GATS agreement.

Generic

Economy; International trade

Copies of a patented drug, or of a drug whose patent has expired (sometimes also related to trademarks).

Formal meetings

Economy; International trade

Formal meetings are recorded in minutes, decisions can be taken, and formal procedures apply.

Informal meetings

Economy; International trade

Informal meetings are for exchanging views or information, with no official record.

Rules of origin

Economy; International trade

Laws, regulations and administrative procedures which determine a products country of origin. A decision by a customs authority on origin can determine whether a shipment falls within a quota ...

Reform programme

Economy; International trade

The Uruguay Round Agriculture Agreement starts a reform process. It sets out a first step, in the process , i.e. a Program for reducing subsidies and protection and other reforms. Current ...

Featured blossaries

Amazing Feats

Category: Culture   1 9 Terms

Smoothies

Category: Food   1 4 Terms