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 agreements have often been advocated by commodity exporting countries for the purpose of stabilizing price fluctuations, but few arrangements have been successful in doing so. The United States currently participates in commodity agreements covering coffee, wheat, jute, rubber, lead and zinc, tropical timber, copper, and cotton; of these, only the International Natural Rubber Agreement currently contains economic stabilization measures. See international commodity organization; see also buffer stocks and export quota agreement.

Resources

See Also

• Trade
• Market
• White Market
• Financial Market
• Trade Law
• Competition Law

Hierarchical Display of Commodity agreement

Trade > International trade > Trade relations
Trade > Trade policy > Market > Commodities market
International Relations > International affairs > International agreement
Trade > International trade > International trade > Primary product
Trade > International trade > International trade > Originating product
Trade > International trade > International trade > Sensitive product
Trade > Trade > Trading operation > Trade by product
Finance > Prices > Prices policy > Price stability

Commodity agreement

Concept of Commodity agreement

See the dictionary definition of Commodity agreement.

Characteristics of Commodity agreement

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Resources

Translation of Commodity agreement

• Spanish: Acuerdo sobre productos básicos
• French: Accord sur les produits de base
• German: Grundstoffabkommen
• Italian: Accordo sui prodotti di base
• Portuguese: Acordo relativo aos produtos de base
• Polish: Umowa towarowa

Thesaurus of Commodity agreement

Trade > International trade > Trade relations > Commodity agreement
Trade > Trade policy > Market > Commodities market > Commodity agreement
International Relations > International affairs > International agreement > Commodity agreement
Trade > International trade > International trade > Primary product > Commodity agreement
Trade > International trade > International trade > Originating product > Commodity agreement
Trade > International trade > International trade > Sensitive product > Commodity agreement
Trade > Trade > Trading operation > Trade by product > Commodity agreement
Finance > Prices > Prices policy > Price stability > Commodity agreement

See also

• Commodities market
• Commodities exchange
• International agreement
• Bilateral agreement
• Financial compensation of an agreement
• Economic agreement
• International negotiations
• Accession to an agreement
• Revision of an agreement
• Cooperation agreement
• Protective clause
• Association agreement
• Multilateral agreement
• Ratification of an agreement
• Withdrawal from an agreement
• Signature of an agreement
• Protocol to an agreement
• Framework agreement
• Renewal of an agreement
• Primary product
• Raw material
• Originating product
• Certificate of origin
• Sensitive product
• Trade by product
• Price stability

• Buffer stock
• Commodity price
• Common fund