Contents
Competitiveness
Competitiveness and International Trade Economy
In relation to international trade economy, Christopher Mark (1993) provided the following definition of Competitiveness: The ability of a nation or firm to sell competitive goods or services in international trade. Several aspects of competitiveness are involved in shaping international trade patterns, and can be categorized as:
* Price Competitiveness –determined by the interaction of four factors leading to competitive prices on world markets: real input costs (material prices, wage rates, and the cost of capital); productivity; profit margins; and the exchange rate. Most firms have some control over the first three factors but have no control over the exchange rate. Government monetary and fiscal policies may directly or indirectly affect the first and fourth factors, while industrial targeting seeks to influence the second and third. Changes in competitive factors do not always occur in unison; shifts in one of the factors can be offset by movements in the opposite direction by another factor .
* Technological Competitiveness –representing the ability to provide leading-edge technical capabilities, superior performance characteristics, fuel economy, or reliability. Technological competitiveness can sometimes be more important than price competitiveness in international trade, particularly in advanced-technology industries such as telecommunications equipment and aerospace.
* Commercial Competitiveness –reflecting the vigor, creativity, and effectiveness of firms’ entrepreneurial activities, including marketing and distribution and the provision of associated services that increase buyer value.
Apart from such fundamental aspects of competitiveness, firms and governments sometimes try to manipulate competitive outcomes by engaging in competitive policies and practices, or in unfair trade practices ( Sec .I ). See also competitive performance and terms of trade .
Hierarchical Display of Competitiveness
Business And Competition > Business organisation > Business policy
Industry > Industrial structures and policy > Industrial policy > EU industrial policy > European industrial area
Trade > Consumption > Consumer > Consumer protection > Product quality
Production, Technology And Research > Technology and technical regulations > Technology > Benchmarking
Finance > Prices > Prices
Business And Competition > Competition > Competition policy > Competition
Business And Competition > Accounting > Management accounting > Cost analysis > Cost-effectiveness analysis > Profitability
Competitiveness
Concept of Competitiveness
See the dictionary definition of Competitiveness.
Characteristics of Competitiveness
Resources
Translation of Competitiveness
- Spanish: Competitividad
- French: Compétitivité
- German: Wettbewerbsfähigkeit
- Italian: Competitività
- Portuguese: Competitividade
- Polish: Konkurencyjność
Thesaurus of Competitiveness
Business And Competition > Business organisation > Business policy > Competitiveness
Industry > Industrial structures and policy > Industrial policy > EU industrial policy > European industrial area > Competitiveness
Trade > Consumption > Consumer > Consumer protection > Product quality > Competitiveness
Production, Technology And Research > Technology and technical regulations > Technology > Benchmarking > Competitiveness
Finance > Prices > Prices > Competitiveness
Business And Competition > Competition > Competition policy > Competition > Competitiveness
Business And Competition > Accounting > Management accounting > Cost analysis > Cost-effectiveness analysis > Profitability > Competitiveness
See also
- European industrial area
- Product quality
- Benchmarking
- Prices
- Discriminatory price
- Unit price
- Commodity price
- Guaranteed price
- Additional duty
- Trigger price
- Reduced price
- Cost price
- Price net of tax
- Minimum price
- Bracket price
- Representative price
- Average price
- Maximum price
- Representative market price
- Price fixed in advance
- Competition
- Profitability
Related Entries of the International Encyclopedia:
- Track Track I and the GATT Policy Negotiations In relation to the GATT Policy Negotiations, Christopher Mark (1993) provided the following explanation and/or definition of Track I: Designation for consolidated negotiating activities in the final phase of the Uruguay Roundconcerning market access in goods....
- Market Access Negotiations Market Access Negotiations and the GATT Policy Negotiations In relation to the GATT Policy Negotiations, Christopher Mark (1993) provided the following explanation and/or definition of Market Access Negotiations: In the context of the Uruguay Round as well as bilateral trade negotiations, [...]...
- Trade Negotiations Committee Trade Negotiations Committee (TNC) in relation with International Trade In the context of trade organizations, Christopher Mark (1993) provided the following definition of Trade Negotiations Committee (TNC): The steering group established at the outset of the GA 1TUruguay Round (Sec. I) to [...]...
- Ministerial Declaration Ministerial Declaration and the GATT Policy Negotiations In relation to the GATT Policy Negotiations, Christopher Mark (1993) provided the following explanation and/or definition of Ministerial Declaration: A decision by trade ministers of GATT members to launch a GATT Round of multilateral [...]...
- Tariff Rates Column 2 Rates and the GATT Policy Negotiations In relation to the GATT Policy Negotiations, Christopher Mark (1993) provided the following explanation and/or definition of Column 2 Rates: US tariff rates assessed on imports from countries not receiving most- favored-nationtreatment. Most [...]...
- Soft Loan A loan repayable by a foreign borrower in a Soft Currency (read this and related legal terms for further details). Such loans usually have been the product of long-term sales to countries without hard currency repayment ......
- 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 [...]...
- Framework Initiative Framework Initiative and the GATT Policy Negotiations In relation to the GATT Policy Negotiations, Christopher Mark (1993) provided the following explanation and/or definition of Framework Initiative: (Also known as the New Economic Partnership). An initiative launched by the United States in [...]...
- Less-Developed Countries Less-Developed Countries Less-Developed Countries (LDCs) and the GATT Policy Negotiations In relation to the GATT Policy Negotiations, Christopher Mark (1993) provided the following explanation and/or definition of Less-Developed Countries (LDCs): An alternative term for developing countries. [...]...
- GATT Standing Committee GATT Standing Committee and the GATT Policy Negotiations In relation to the GATT Policy Negotiations, Christopher Mark (1993) provided the following explanation and/or definition of GATT Standing Committee: A permanent body of GATT members dealing with a specific area of trade policy. Includes [...]...
- North-South Trade North-South Trade and the GATT Policy Negotiations In relation to the GATT Policy Negotiations, Christopher Mark (1993) provided the following explanation and/or definition of North-South Trade: In the parlance of the 1970s and 1980s, trade between the developed market economies ("the [...]...
- Rules-Oriented Trade Policy Rules-Oriented Trade Policy and International Trade Economy In relation to international trade economy, Christopher Mark (1993) provided the following definition of Rules-Oriented Trade Policy: An idealized approach to trade policy under which governments establish a set of rules for the [...]...
- Plurilateral Plurilateral and the GATT Policy Negotiations In relation to the GATT Policy Negotiations, Christopher Mark (1993) provided the following explanation and/or definition of Plurilateral: In GATT parlance, refers to a consultation or negotiating session involving more than two countries [...]...
- Standstill Standstill and the GATT Policy Negotiations In relation to the GATT Policy Negotiations, Christopher Mark (1993) provided the following explanation and/or definition of Standstill: A commitment undertaken at the outset of a GATT negotiation to refrain .from legislating or implementing new [...]...
- Service Mark Service Mark and the GATT Policy Negotiations In relation to the GATT Policy Negotiations, Christopher Mark (1993) provided the following explanation and/or definition of Service Mark: A distinctive mark used in the sale or advising of services to distinguish them from the services of others. [...]...
- De Facto Membership De Facto Member of GATT and the GATT Policy Negotiations In relation to the GATT Policy Negotiations, Christopher Mark (1993) provided the following explanation and/or definition of De Facto Member of GATT: A former dependency of a GATT member that since attaining independence has applied the [...]...
- Customs Value Customs Value and the GATT Policy Negotiations In relation to the GATT Policy Negotiations, Christopher Mark (1993) provided the following explanation and/or definition of Customs Value: A method of valuing imported goods which excludes shipping costs from the final price....
- Rebalancing Rebalancing and the GATT Policy Negotiations In relation to the GATT Policy Negotiations, Christopher Mark (1993) provided the following explanation and/or definition of Rebalancing: A term used in GATT agriculture negotiations, referring to the ability to shift import protection from one [...]...
- Customs Trade Regulations Law of Similars and the GATT Policy Negotiations In relation to the GATT Policy Negotiations, Christopher Mark (1993) provided the following explanation and/or definition of Law of Similars: Regulations limiting importation of a product or altering its tariff treatment if a "similar" [...]...
- Semiconductor Agreement Semiconductor Agreement and the GATT Policy Negotiations In relation to the GATT Policy Negotiations, Christopher Mark (1993) provided the following explanation and/or definition of Semiconductor Agreement: A bilateral agreement concluded in 1986 between the United States and Japan to open the [...]...
- Green Round Green Round and the GATT Policy Negotiations In relation to the GATT Policy Negotiations, Christopher Mark (1993) provided the following explanation and/or definition of Green Round: A term referring to a proposed new GATT Round of multilateral negotiations that would address environmental [...]...
- Quadrilateral Quadrilateral ("Quad") and the GATT Policy Negotiations In relation to the GATT Policy Negotiations, Christopher Mark (1993) provided the following explanation and/or definition of Quadrilateral ("Quad"): In GATT parlance, a meeting involving senior trade officials or [...]...
- Industrial Targeting Industrial Targeting and International Trade Economy In relation to international trade economy, Christopher Mark (1993) provided the following definition of Industrial Targeting: Selection by a government of industries deemed imponant to the evolution of the economy, and encouraging their [...]...
- Forum Shopping Forum Shopping and the GATT Policy Negotiations In relation to the GATT Policy Negotiations, Christopher Mark (1993) provided the following explanation and/or definition of Forum Shopping: Refers to the ability of countries to take advantage of differing procedures fordispute settlement under [...]...
- Compound Tariff Compound Tariff and the GATT Policy Negotiations In relation to the GATT Policy Negotiations, Christopher Mark (1993) provided the following explanation and/or definition of Compound Tariff: A combination of a specific duty and an ad valorem tariff on the same imported item (e.g., $100 per [...]...
- Counterfeit Code Counterfeit Code and the GATT Policy Negotiations In relation to the GATT Policy Negotiations, Christopher Mark (1993) provided the following explanation and/or definition of Counterfeit Code: A draft agreement, initiated in the closing stages of the Tokyo Round but never concluded, which [...]...
- Structural Impediments Initiative Structural Impediments Initiative (SII) and the GATT Policy Negotiations In relation to the GATT Policy Negotiations, Christopher Mark (1993) provided the following explanation and/or definition of Structural Impediments Initiative (SII): A series of bilateral negotiations begun in 1989 by the [...]...
- Industrialized Countries Industrial Countries or Industrialized Countries and the GATT Policy Negotiations In relation to the GATT Policy Negotiations, Christopher Mark (1993) provided the following explanation and/or definition of Industrial Countries or Industrialized Countries: (Also known as developed countries) A [...]...
- State Trading Nations State Trading Nations and the GATT Policy Negotiations In relation to the GATT Policy Negotiations, Christopher Mark (1993) provided the following explanation and/or definition of State Trading Nations: Countries that rely on government entities instead of private corporations to conduct their [...]...
- Functioning of the GATT System Functioning of the GATT System (FOGS) and the GATT Policy Negotiations In relation to the GATT Policy Negotiations, Christopher Mark (1993) provided the following explanation and/or definition of Functioning of the GATT System (FOGS): Designation for a negotiating group in the Uruguay Round [...]...
- Disciplines Disciplines and the GATT Policy Negotiations In relation to the GATT Policy Negotiations, Christopher Mark (1993) provided the following explanation and/or definition of Disciplines: In GATT parlance, refers to members' substantive obligations undertaken by members to refrain from [...]...
- Annecy Round Annecy Round and the GATT Policy Negotiations In relation to the GATT Policy Negotiations, Christopher Mark (1993) provided the following explanation and/or definition of Annecy Round: The second GATT Round of multilateral trade negotiations, held in...
- Trade War Introduction to Trade War Trade War, economic tug-of-war between nations in which each side tries to limit the other's exports while flooding the other's market with its own goods." (1) Resources Notes and References Information about "http://lawi......
- Rollback Rollback and the GATT Policy Negotiations In relation to the GATT Policy Negotiations, Christopher Mark (1993) provided the following explanation and/or definition of Rollback: A commitment to phase out all trade restrictions or policies that distort trade or bring them into conformity with [...]...
- Sensitive Products Sensitive Products and the GATT Policy Negotiations In relation to the GATT Policy Negotiations, Christopher Mark (1993) provided the following explanation and/or definition of Sensitive Products: Goods produced by a domestic industry employing large numbers of workers, for which the costs of [...]...
- South-South Trade South-South Trade and the GATT Policy Negotiations In relation to the GATT Policy Negotiations, Christopher Mark (1993) provided the following explanation and/or definition of South-South Trade: In the parlance of the 1970s and 1980s, refers to trade among developing countries ("the [...]...
- Cross-Retaliation Cross-Retaliation and the GATT Policy Negotiations In relation to the GATT Policy Negotiations, Christopher Mark (1993) provided the following explanation and/or definition of Cross-Retaliation: Retaliation in one sector of trade, such as agriculture, to counter unfair actions or violations of [...]...
- Bounty Bounty or Grant and the GATT Policy Negotiations In relation to the GATT Policy Negotiations, Christopher Mark (1993) provided the following explanation and/or definition of Bounty or Grant: A form of subsidy. As used in US trade legislation, the term refers to an economic inducement by a [...]...
- Procedural Protectionism Procedural Protectionism and the GATT Policy Negotiations In relation to the GATT Policy Negotiations, Christopher Mark (1993) provided the following explanation and/or definition of Procedural Protectionism: Abusive administration of import control procedures allowed under GATT (especially [...]...
- Protocol Relating to Trade Negotiations Among Developing Countries Protocol Relating to Trade Negotiations Among Developing Countries and the GATT Policy Negotiations In relation to the GATT Policy Negotiations, Christopher Mark (1993) provided the following explanation and/or definition of Protocol Relating to Trade Negotiations Among Developing Countries: [...]...
- Non-application Non-application and the GATT Policy Negotiations In relation to the GATT Policy Negotiations, Christopher Mark (1993) provided the following explanation and/or definition of Non-application: In the context of Uruguay Round discussions of a proposed Multilateral Trade Organization, refers to a [...]...
- Computed Value Computed Value and the GATT Policy Negotiations In relation to the GATT Policy Negotiations, Christopher Mark (1993) provided the following explanation and/or definition of Computed Value: (Not to be confused with constructed value.) An alternative method permitted by the Customs Valuation [...]...
- Assimilation Assimilation and the GATT Policy Negotiations In relation to the GATT Policy Negotiations, Christopher Mark (1993) provided the following explanation and/or definition of Assimilation: A term referring to national treatment in the protection of industrial property. SeeParis Convention....
- Normal Value Normal Value and the GATT Policy Negotiations In relation to the GATT Policy Negotiations, Christopher Mark (1993) provided the following explanation and/or definition of Normal Value: An alternative term for fair value....
- Multilateral Trade Organization Multilateral Trade Organization (MTO) in relation with International Trade In the context of trade organizations, Christopher Mark (1993) provided the following definition of Multilateral Trade Organization (MTO): A proposed organization that would subsume the GAIT,the General Agreement on [...]...
- Deficiency Payments Deficiency Payments and the GATT Policy Negotiations In relation to the GATT Policy Negotiations, Christopher Mark (1993) provided the following explanation and/or definition of Deficiency Payments: Government payments to compensate producers --usually farmers --for all or part of the [...]...
- Nontariff Measures Nontariff Measures (NTMs) and the GATT Policy Negotiations In relation to the GATT Policy Negotiations, Christopher Mark (1993) provided the following explanation and/or definition of Nontariff Measures (NTMs): A broader term than NTBs, including not only import-restricting barriers but also [...]...
- Entities Entities and the GATT Policy Negotiations In relation to the GATT Policy Negotiations, Christopher Mark (1993) provided the following explanation and/or definition of Entities: In the context of the GATT Government Procurement Code, refers to government departments or ministries and their [...]...
- Multilateral Trade Negotiations Negotiations among many nations acting in concert for the purpose of reducing trade barriers. Since the inception of the General Agreement on Tariffs and Trade (read about the GATT for further details). in 1947, the mos......
- Customs Harmonization Customs Harmonization and the GATT Policy Negotiations In relation to the GATT Policy Negotiations, Christopher Mark (1993) provided the following explanation and/or definition of Customs Harmonization: Intemational efforts to increase the uniformity of customs procedures such as valuation, [...]...
- Surveillance Body Surveillance Body and the GATT Policy Negotiations In relation to the GATT Policy Negotiations, Christopher Mark (1993) provided the following explanation and/or definition of Surveillance Body: A body created at the outset of the Uruguay Round to monitor participating countries' trade [...]...
- Modifications Modifications and the GATT Policy Negotiations In relation to the GATT Policy Negotiations, Christopher Mark (1993) provided the following explanation and/or definition of Modifications: Alteration or withdrawal of trade concessions previously made within GATT. Contracting Parties are [...]...
- Sherpa Sherpa and the GATT Policy Negotiations In relation to the GATT Policy Negotiations, Christopher Mark (1993) provided the following explanation and/or definition of Sherpa: An official of sub-cabinet rank from each of the major industrial countries responsible for coordinating his or her [...]...
- Snapback Snapback and the GATT Policy Negotiations In relation to the GATT Policy Negotiations, Christopher Mark (1993) provided the following explanation and/or definition of Snapback: Provisions in a trade agreement that allow a signatory to temporarily rescind concessions under specified [...]...
- Degressivity Degressivity and the GATT Policy Negotiations In relation to the GATT Policy Negotiations, Christopher Mark (1993) provided the following explanation and/or definition of Degressivity: The characteristic of a trade restriction, which diminishes in severity over time. A degressive measure could [...]...
- Protocol of Accession Protocol of Accession and the GATT Policy Negotiations In relation to the GATT Policy Negotiations, Christopher Mark (1993) provided the following explanation and/or definition of Protocol of Accession: A legal document that recognizes the rights and obligations agreed to as a consequence of a [...]...
- Grandfather Clause Grandfather Clause and the GATT Policy Negotiations In relation to the GATT Policy Negotiations, Christopher Mark (1993) provided the following explanation and/or definition of Grandfather Clause: A provision in the GATT and other trade agreements permitting signatories to retain domestic [...]...
- Tariff Quota Tariff Quota and the GATT Policy Negotiations In relation to the GATT Policy Negotiations, Christopher Mark (1993) provided the following explanation and/or definition of Tariff Quota: A two-stage tariff, providing a base tariff rate that applies to goods up to a specified quantity imported [...]...
- Administrative Review Administrative Review and the GATT Policy Negotiations In relation to the GATT Policy Negotiations, Christopher Mark (1993) provided the following explanation and/or definition of Administrative Review: In unfair trade cases, a mechanism for parties to a case to appeal a ruling on [...]...
- Punta Del Este Declaration Punta del Este Declaration and the GATT Policy Negotiations In relation to the GATT Policy Negotiations, Christopher Mark (1993) provided the following explanation and/or definition of Punta del Este Declaration: A declaration adopted by trade ministers of GATT member countries in September [...]...
- Demarche Demarche and the GATT Policy Negotiations In relation to the GATT Policy Negotiations, Christopher Mark (1993) provided the following explanation and/or definition of Demarche: A formal diplomatic communication of a country's position on an issue, presented to an official representative of [...]...
- Commercial Counterfeiting Commercial Counterfeiting and the GATT Policy Negotiations In relation to the GATT Policy Negotiations, Christopher Mark (1993) provided the following explanation and/or definition of Commercial Counterfeiting: A deceptive trade practice involving trademark piracy, false labeling, or other [...]...
- Export Guarantees Export Guarantees and the GATT Policy Negotiations In relation to the GATT Policy Negotiations, Christopher Mark (1993) provided the following explanation and/or definition of Export Guarantees: Assurances by an exporter's government that financing provided by a private lender will be [...]...
- Newly Independent States Newly Independent States (NIS) and the GATT Policy Negotiations In relation to the GATT Policy Negotiations, Christopher Mark (1993) provided the following explanation and/or definition of Newly Independent States (NIS): The successor states to the former Soviet Union, i.e., Armenia, [...]...
- Working Party Working Party and the GATT Policy Negotiations In relation to the GATT Policy Negotiations, Christopher Mark (1993) provided the following explanation and/or definition of Working Party: An ad hoc subgroup established by the GATT Council to address a specific trade policy issue, such as a [...]...
- Check Price System Check Price System and the GATT Policy Negotiations In relation to the GATT Policy Negotiations, Christopher Mark (1993) provided the following explanation and/or definition of Check Price System: A device used by a government agency to avoid charges of dumping in foreign markets by [...]...
- Negotiations Item-by-Item Negotiations and the GATT Policy Negotiations In relation to the GATT Policy Negotiations, Christopher Mark (1993) provided the following explanation and/or definition of Item-by-Item Negotiations: A method of tariff negotiations in which the expected trade effects of each [...]...
- Anticircumvention Duty Anticircumvention Duty and the GATT Policy Negotiations In relation to the GATT Policy Negotiations, Christopher Mark (1993) provided the following explanation and/or definition of Anticircumvention Duty: A term used by the European Community for penalty charges imposed on the output of [...]...
- Torquay Round Detais can be found in General Agreement on Tariffs and Trade).......
- User Fee User Fee and the GATT Policy Negotiations In relation to the GATT Policy Negotiations, Christopher Mark (1993) provided the following explanation and/or definition of User Fee: A fee for a service --such as the provision of customs operations by the government of the importing country [...]...
- Call Call and the GATT Policy Negotiations In relation to the GATT Policy Negotiations, Christopher Mark (1993) provided the following explanation and/or definition of Call: A request by an importing country for consultations with an exporting country concerning products whose shipments during a [...]...
- Authors' Rights Authors' Rights and the GATT Policy Negotiations In relation to the GATT Policy Negotiations, Christopher Mark (1993) provided the following explanation and/or definition of Authors' Rights: A term used primarily in Latin American countries to refer to copyrights....
- Protocol of Provisional Application Protocol of Provisional Application and the GATT Policy Negotiations In relation to the GATT Policy Negotiations, Christopher Mark (1993) provided the following explanation and/or definition of Protocol of Provisional Application: The legal device that enabled the original Contracting Parties [...]...
- Sectoral Reciprocity Sectoral Reciprocity and the GATT Policy Negotiations In relation to the GATT Policy Negotiations, Christopher Mark (1993) provided the following explanation and/or definition of Sectoral Reciprocity: The objective of equalizing levels of protection applying to international trade in a [...]...
- Import Sensitivity Import Sensitivity and the GATT Policy Negotiations In relation to the GATT Policy Negotiations, Christopher Mark (1993) provided the following explanation and/or definition of Import Sensitivity: The vulnerability of a domestic industry to injury from foreign competition. See also sensitive [...]...
- Multilateral Steel Agreement Multilateral Steel Agreement (MSA) and the GATT Policy Negotiations In relation to the GATT Policy Negotiations, Christopher Mark (1993) provided the following explanation and/or definition of Multilateral Steel Agreement (MSA): A proposed agreement that would phase out tariffs, eliminate [...]...
- Economic Summit Economic Summit and the GATT Policy Negotiations In relation to the GATT Policy Negotiations, Christopher Mark (1993) provided the following explanation and/or definition of Economic Summit: Although the term can be used more generally, its most prominent use is in referring to the annual [...]...
- Delegations Seven-Plus-Seven and the GATT Policy Negotiations In relation to the GATT Policy Negotiations, Christopher Mark (1993) provided the following explanation and/or definition of Seven-Plus-Seven: An informal meeting of GATT delegations from industrial and developing countries (originally seven of [...]...
- Dumping Margin In those instances where a product has been dumped, that is, sold abroad at a price below the fair market value in the country of origin, the dumping margin is the difference between the home market price and the price at which the goods are sold abroad less incidental charges, such as export [...]...
- Duty Suspension Duty Suspension and the GATT Policy Negotiations In relation to the GATT Policy Negotiations, Christopher Mark (1993) provided the following explanation and/or definition of Duty Suspension: A temporary , unilateral reduction in tariffs. Duties are sometimes suspended to ease shortages of [...]...
- Rectifications Rectifications and the GATT Policy Negotiations In relation to the GATT Policy Negotiations, Christopher Mark (1993) provided the following explanation and/or definition of Rectifications: Changes made in a country's schedule of GATT concessions, usually .involving correction of errors but [...]...
- Marks of Origin Marks of Origin and the GATT Policy Negotiations In relation to the GATT Policy Negotiations, Christopher Mark (1993) provided the following explanation and/or definition of Marks of Origin: Physical markings indicating where an article was produced, as required by most countries' customs [...]...
- Consular Fees Consular Fees and Formalities and the GATT Policy Negotiations In relation to the GATT Policy Negotiations, Christopher Mark (1993) provided the following explanation and/or definition of Consular Fees and Formalities: Special charges and procedures --such as documents that must be approved by [...]...
- Decoupling Decoupling and the GATT Policy Negotiations In relation to the GATT Policy Negotiations, Christopher Mark (1993) provided the following explanation and/or definition of Decoupling: A concept aimed at making government agricultural programs trade-neutral - by breaking the link between [...]...
- Road Taxes Road Taxes and the GATT Policy Negotiations In relation to the GATT Policy Negotiations, Christopher Mark (1993) provided the following explanation and/or definition of Road Taxes: Excise taxes imposed on the sale or operation of motor vehicles, which have the effect of discriminating in favor [...]...
- Liner Code Liner Code and the GATT Policy Negotiations In relation to the GATT Policy Negotiations, Christopher Mark (1993) provided the following explanation and/or definition of Liner Code: Formal name is the United Nations Code of Conduct for Liner Conferences. Adopted in 1974, the Code seeks to [...]...
- Havana Charter Detais can be found in General Agreement on Tariffs and Trade).......
- Minimum Valuation Minimum Valuation and the GATT Policy Negotiations In relation to the GATT Policy Negotiations, Christopher Mark (1993) provided the following explanation and/or definition of Minimum Valuation: A form of valuation for tariff purposes in which all items below a certain threshold value in an [...]...
- Andean Trade Preferences Arrangement Andean Trade Preferences Arrangement (ATPA) and the GATT Policy Negotiations In relation to the GATT Policy Negotiations, Christopher Mark (1993) provided the following explanation and/or definition of Andean Trade Preferences Arrangement (ATPA): A non-reciprocal preferential [...]...
- Preliminary Duties Preliminary Duties and the GATT Policy Negotiations In relation to the GATT Policy Negotiations, Christopher Mark (1993) provided the following explanation and/or definition of Preliminary Duties: Duties imposed on a provisional basis during the course of an antidumpinginvestigation, following [...]...
- Green Room Consultations Green Room Consultations and the GATT Policy Negotiations In relation to the GATT Policy Negotiations, Christopher Mark (1993) provided the following explanation and/or definition of Green Room Consultations: Informal meetings of heads of delegations to the GATT Uruguay Roundnegotiations. Such [...]...
- Tariff Anomaly Tariff Anomaly and the GATT Policy Negotiations In relation to the GATT Policy Negotiations, Christopher Mark (1993) provided the following explanation and/or definition of Tariff Anomaly: A situation in which the tariff on raw materials or semi-manufactured goods is higher than the tariff on [...]...
- Import Surcharge Import Surcharge and the GATT Policy Negotiations In relation to the GATT Policy Negotiations, Christopher Mark (1993) provided the following explanation and/or definition of Import Surcharge: A temporary tax on imports over and above established tariffs, usually enacted in times of economic [...]...
- Trade-Related Investment Measures Trade-Related Investment Measures (TRIMs) and the GATT Policy Negotiations In relation to the GATT Policy Negotiations, Christopher Mark (1993) provided the following explanation and/or definition of Trade-Related Investment Measures (TRIMs): Designation for a Uruguay Round "' [...]...
- Residual Restrictions Residual Restrictions and the GATT Policy Negotiations In relation to the GATT Policy Negotiations, Christopher Mark (1993) provided the following explanation and/or definition of Residual Restrictions: Quantitative restrictions maintained since before 1947 by governments that were original [...]...
- Environmental Dumping Environmental Dumping and the GATT Policy Negotiations In relation to the GATT Policy Negotiations, Christopher Mark (1993) provided the following explanation and/or definition of Environmental Dumping: Refers to an unfair trade practice whereby an exporter achieves a cost advantage over its [...]...
- Eco-packaging Eco-packaging and the GATT Policy Negotiations In relation to the GATT Policy Negotiations, Christopher Mark (1993) provided the following explanation and/or definition of Eco-packaging: Refers to national regulations and programs to encourage recycling or reuse of product packaging and [...]...
- Geneva Rounds Geneva Rounds and the GATT Policy Negotiations In relation to the GATT Policy Negotiations, Christopher Mark (1993) provided the following explanation and/or definition of Geneva Rounds: The first and fourth GATT Round of multilateral trade negotiations, held in Geneva, Switzerland. The [...]...
- Environmental Trade Measures Environmental Trade Measures and the GATT Policy Negotiations In relation to the GATT Policy Negotiations, Christopher Mark (1993) provided the following explanation and/or definition of Environmental Trade Measures: Trade measures applied by importing or exporting countries in conjunction [...]...
- Imperfect Competition Imperfect Competition and International Trade Economy In relation to international trade economy, Christopher Mark (1993) provided the following definition of Imperfect Competition: When an industry is marked by imperfect competition, market prices send "incorrect signals" regarding [...]...
- Green Box Green Box and the GATT Policy Negotiations In relation to the GATT Policy Negotiations, Christopher Mark (1993) provided the following explanation and/or definition of Green Box: A term used in the context of GA TT negotiations on agriculture and on export subsidiesto refer to a category of [...]...
- Fair Value Fair Value and the GATT Policy Negotiations In relation to the GATT Policy Negotiations, Christopher Mark (1993) provided the following explanation and/or definition of Fair Value: The benchmark against which selling prices of imported merchandise are compared in adumping investigation. In US [...]...
- Price Competitiveness Price Competitiveness and International Trade Economy Resources See Also competitiveness...
- Global Competitiveness Report Global Competitiveness Report in International Trade Meaning of Global Competitiveness Report, according to the Dictionary of International Trade (Global Negotiator): This annually published report by the World Economic Forum assesses the competitiveness of 144 economies, providing insight [...]...
- Industrial Competitiveness Index A measure of the relative competitiveness of various nations' industrial exports, derived by adjusting the effective exchange rate for a given nation's currency against that of a competitor nation after adjusting for the inflation of wholesale prices of nonfood manufacturers.......
- Commercial Risk The risk borne by an exporter that his foreign customer may be unable to pay for merchandise imported under open account terms. Commercial risk is contrasted with political risks, which arise from governmental actions and are unrelated to the financial condition or credit-wor- thiness of the [...]...
- Commodity Summary of Commodity A nondifferentiated product produced with commonly available technology.(Main Author: William J. Miller) The Legal History of Commodity in Islamic Law This section provides an overview of Commodity in Islamic Law Commodity in International Trade Meaning of [...]...
- Complementary Exporting An arrangement in which a manufacturer markets his products internationally through the distribution channel of another firm, usually a manufacturer of similar but noncompetitive products.......
- Consortium Summary of Consortium A multiparty commercial undertaking, differing from a joint venture by virtue of the comparatively large number of participants.(Main Author: William J. Miller) Consortium and International Trade Economy In relation to international trade economy, [...]...
- Conventional International Law International law that has arisen as the product of treaties or formal agreements among nations, as compared with international law that has developed through custom and usage over time.......
- Convertibility Summary of Convertibility The ability of a currency to be exchanged for other currencies in settlement of current account transactions. Currencies are convertible in varying degrees, although the ability of nonresidents freely to purchase and sell a given currency, without governmental [...]...
- Competitive Advantage Competitive Advantage and International Trade Economy In relation to international trade economy, Christopher Mark (1993) provided the following definition of Competitive Advantage: (Not the same as comparative advantage.) A market position established either by providing comparable buyer [...]...
- Competition Policy Competition Policy and International Trade Economy In relation to international trade economy, Christopher Mark (1993) provided the following definition of Competition Policy: A broad category encompassing antitrust and other policies to remedy the imperfectly competitive nature of key [...]...
- Comparative Advantage Revealed Comparative Advantage and International Trade Economy In relation to international trade economy, Christopher Mark (1993) provided the following definition of Revealed Comparative Advantage: A measure of relative competitive performance of a country's exporters of a particular [...]...
- Competitive Policies and Practices Competitive Policies and Practices and International Trade Economy In relation to international trade economy, Christopher Mark (1993) provided the following definition of Competitive Policies and Practices: Actions by governments or firms to affect their competitive performance in [...]...
- Competitive Competitive and International Trade Economy In relation to international trade economy, Christopher Mark (1993) provided the following definition of Competitive: As applied to internationally traded goods, refers to a country's or a firm's products being preferred by a significant [...]...
- Cost of Capital Cost of Capital and International Trade Economy In relation to international trade economy, Christopher Mark (1993) provided the following definition of Cost of Capital: For any given level of corporate risk, the cost of capital faced by f1rn1s in a given country --a key element of their [...]...
- Competitive Performance Competitive Performance and International Trade Economy In relation to international trade economy, Christopher Mark (1993) provided the following definition of Competitive Performance: The measurable results of competitiveness --i.e., the outcome of a country's or a firm's efforts in [...]...
- Customary International Law Hello Customary International Law Customary international law applies in international law in case of absence of a treaty. J. L. Brierly, in "The Law of Nations: an Introduction to the International Law of Peace"states that in order to determine what international customary [...]...
- Cabotage Summary of Cabotage Literally, coastwise navigation, generally used to denote the proscription of foreign flag vessels in a nation's coastwise trade. Since an act of Congress in 1817 (2 Stat. 351), the coastwise trade of the United States has been reserved exclusively to American [...]...