Search results for: “export quota”
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Export Quota Agreement
An arrangement arising under an international commodity agreement whereby each participating exporting nation is allocated a portion of the market. Participating importing nations agree to limit imports from nonmember nations. The object of the system is to maintain price stability, thus […]
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Export Quota
Export Quota and the GATT Policy Negotiations In relation to the GATT Policy Negotiations, Christopher Mark (1993) provided the following explanation and/or definition of Export Quota: A specific restriction or ceiling imposed by an exporting country on the value or volume of certain exports. […]
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Voluntary Export Quota
A quantitative restriction that a nation puts upon the export of a certain product to another country. This condition is usually in response to complaints from the importing country that its domestic industry is being injured by continuing exports of the product from its trading partner….
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Organization of Petroleum Exporting Countries
Organization Of Petroleum Exporting Countries Summary of Organization Of Petroleum Exporting Countries A cartel of oil-producing nations founded at Baghdad in 1960 by Iran, Iraq, Kuwait, Libya, Saudi Arabia, and Venezuela. The cartel was joined subsequently by Qatar (1961), Indonesia […]
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Export Contract
Export Contract in International Trade Meaning of Export Contract, according to the Dictionary of International Trade (Global Negotiator): The export contract is used for the international sale of certain products (industrial supplies, raw materials, manufactured goods), which are projected […]
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Quota Rents
Quota Rents and International Trade Economy In relation to international trade economy, Christopher Mark (1993) provided the following definition of Quota Rents: The increase in profits that accrue to an import dealer (under an import quota) or an exporting firm (under an export quota or […]
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Export Restraints
Export Restraints and the GATT Policy Negotiations In relation to the GATT Policy Negotiations, Christopher Mark (1993) provided the following explanation and/or definition of Export Restraints: Also referred to as bilateral restraint agreements. Quantitative restrictions applied by exporting […]
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Global Quotas
Global Quotas and the GATT Policy Negotiations In relation to the GATT Policy Negotiations, Christopher Mark (1993) provided the following explanation and/or definition of Global Quotas: Explicit limits set by a country on the overall value or quantity of goods, which may be imported from or […]
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Import Quota
Import Quota and the GATT Policy Negotiations In relation to the GATT Policy Negotiations, Christopher Mark (1993) provided the following explanation and/or definition of Import Quota: A means of restricting or controlling imports by specifying the quantity or value of a commodity, which may […]
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Export Unemployment
A conscious program to relieve domestic unemployment or economic stagnation through the stimulation of export sales. The term is used generally in relation to improper export promotion vehicles such as dumping (read this and…
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International Wheat Council
International Wheat Council Outline The first International Wheat Agreement, which was made in 1933, set out export quotas to control the wheat market. The agreement came to an end in 1935. The International Wheat Council was set up in 1942. Its headquarters are in London. Another Internatio…
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Voluntary Restraint Agreement
Voluntary Restraint Agreement (VRA) and the GATT Policy Negotiations In relation to the GATT Policy Negotiations, Christopher Mark (1993) provided the following explanation and/or definition of Voluntary Restraint Agreement (VRA): An arrangement by which an exporting country takes steps […]
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Commodity Agreement
Commodity Agreement and the GATT Policy Negotiations In relation to the GATT Policy Negotiations, Christopher Mark (1993) provided the following explanation and/or definition of Commodity Agreement: A formal international arrangement among exporters and importers of a commodity. Such […]
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Commodity Agreement
Commodity Agreement and the GATT Policy Negotiations In relation to the GATT Policy Negotiations, Christopher Mark (1993) provided the following explanation and/or definition of Commodity Agreement: A formal international arrangement among exporters and importers of a commodity. Such […]
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Dictionary of International Trade
Dictionary of International Trade Dictionary of International Trade (Global Negotiator) Contents The Dictionary of International Trade of Global Negotiator include, among others, the following terms and acronyms: Back haul Back letter Back order Back to back letter of credit Backhauling Bad faith BAF Bailee Bailment Balance of payments Balance of trade Bale Bank acceptance Bank…