Free Trade Agreements

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Free Trade Agreements

In the United States

For information about Free Trade Agreements in the context of international trade, click here

United States-Singapore free trade agreement

The United States-Singapore Free Trade Agreement has been in force since January 1, 2004. U.S. two way goods trade totaled $37 billion in 209, up 17 percent from 2003 (the year before the FTAÂ’s entry into force). U.S. goods exports were $21.6 billion, up 31 percent from 2003, and U.S. goods imports were $15.4 billion, up 2 percent from 2003.

The United States and Singapore held the fifth annual FTA review in December 2009 to assess implementation of the agreement. The two governments agreed that implementation remains on track and discussed ways to deepen the bilateral relationship. During the review, the two sides discussed a range of issues covered by the FTA, including trade in textiles and apparel, telecommunications, and protection of intellectual property rights.

The two sides also discussed the implementation of the environment chapter and environmental cooperation efforts. The United States and Singapore agreed to continue exchanging information on each countryÂ’s implementation efforts and how to improve monitoring of compliance with the obligations of the environment chapter.

The FTA review also provided an opportunity for labor officials from both governments to discuss labor issues and potential areas for labor cooperation. As a result, SingaporeÂ’s Ministry of Labor has expressed an interest in studying the United StatesÂ’ system for mediating collective bargaining disputes and improving labor-management relations.

United States-Morocco free trade agreement

The United States and Morocco signed an FTA on June 15, 2004. The Agreement entered into force on January 1, 2006. The United States-Morocco FTA is a comprehensive agreement that supports the significant economic and political reforms that are underway in Morocco and provides for improved commercial opportunities for U.S. exports to Morocco by reducing and eliminating trade barriers.

Dominican Republic and Central America: United States Free Trade Agreement

The Dominican Republic-Central America FTA (CAFTA-DR) is the first free trade agreement between the United States and a group of smaller developing economies: our Central American neighbors Costa Rica, El Salvador, Guatemala, Honduras, Nicaragua, as well as the Dominican Republic. The CAFTA-DR promotes stronger trade and investment ties, prosperity, and stability throughout the region and along our Southern border.

Combined, the countries in the CAFTA-DR would represent the United States’ 16th largest goods trading partner, with $53 billion in total (two way) goods trade during in 2015. Exports totaled $29 billion while imports totaled $24 billion. The U.S. goods trade surplus with CAFTA-DR countries was $5 billion in 2015. According to the Department of Commerce, U.S. goods exports to CAFTA-DR supported an estimated 134 thousand jobs in 2014.

AFTA-DR is strengthening workersÂ’ rights and conditions in the region, through enforcement of labor protections to which its workers are entitled under countriesÂ’ national laws. This includes through the first labor dispute under any free trade agreement to ensure Guatemalan workers can exercise their rights under Guatemalan law. We remain committed to helping Guatemala achieve that outcome and earn the benefits that come with enforcing the law to uphold internationally recognized labor rights.

Implementation by Country:

  • Costa Rica: Costa Rica implemented CAFTA-DR on January 1, 2009.
  • Dominican Republic implementation of CAFTA-DR was in March 2007.
  • El Salvador joined CAFTA-DR was in March 2006.
  • Guatemala implemented CAFTA-DR in July 2006.
  • Honduras joined CAFTA-DR in April 2006.
  • Nicaragua joined CAFTA-DR in April 2006.

Free Trade Agreements and the Laws of International Trade

United States-Israel Free Trade Area Agreement

The United States-Israel Free Trade Agreement was the first FTA entered into by the United States. It continues to serve as the foundation for expanding trade and investment between the United States and Israel by reducing barriers and promoting regulatory transparency. U.S. goods and services trade with Israel totaled $46 billion in 2013.

The central oversight body for the FTA is the United States-Israel Joint Committee. In December 2009, the Joint Committee met to exchange views on issues and concerns related to agricultural market access and telecommunications and government procurement, among other topics. Both governments acknowledged the progress and collaborative work that has taken place since the last meeting of the Joint Committee in Washington, DC which was in October 2007. At the 2009 meeting, the United States and Israel agreed that the two sides would explore discussions of a mutual recognition agreement on telecommunications and explore concerns voiced by U.S. exporters in meeting Israeli customs requirements. They also made progress on a number of market access issues related to standards, customs classification, and technical regulations. Both sides agreed to continue the dialogue through the U.S.- Israel Working Group on Standards and Technical Regulations, which last met in March 2009.

Recognizing in the 1990s that the FTA had not served to liberalize some aspects of bilateral agriculture trade, the United States and Israel concluded an Agreement Concerning Certain Aspects of Trade in Agricultural Products (ATAP), which provided for duty-free or other preferential treatment of certain agricultural products. The 1996 agreement was extended through 2003, and a new agreement was concluded in 2004. In December 2009, the two sides agreed to extend that agreement for a second time, extending through December 31, 2010. The Working Group on Agriculture agreed to meet in early 2010 to continue negotiations of a successor to the 2004 ATAP.

Customs Trade Law

North American Free Trade Agreement (NAFTA)

Find information about the North American Free Trade Agreement (NAFTA) by clicking here.

Free Trade Agreements

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Agreement on Implementation of Article VI of the GATT and International Trade

Free Trade Agreements

Find out, in this world legal encyclopedia, additional information relating to Free Trade Agreements.

Investment Dispute Resolution Under Free Trade Agreements

In relation to the international law practice and investment dispute resolution under free trade agreements in this world legal Encyclopedia, please see the following section:

Trade, Commercial Relations, Investment, and Transportation

About this subject:

Non-Disputing Party Submission under Chapter 11 of the North American Free Trade Agreement

Note: there is detailed information and resources under these topics during the year 2013, covered by this entry on investment dispute resolution under free trade agreements in this law Encyclopedia.

United States Free Trade Agreements With Panama, Colombia, and Korea

In relation to the international law practice and Free Trade Agreements With Panama, Colombia, and Korea in this world legal Encyclopedia, please see the following section:

Trade, Commercial Relations, Investment, Transportation

About this subject:

Other Trade Agreements and Trade-related Issues

Under this topic, in the Encyclopedia, find out information on Free Trade Agreements. Note: there is detailed information and resources, in relation with these topics during the year 2011, covered by the entry, in this law Encyclopedia, about Free trade agreements with Panama, Colombia, and Korea

Resources

See Also

Antidumping Code

Further Reading

  • Information about Free Trade Agreements in the Encyclopedia of World Trade: from Ancient Times to the Present (Cynthia Clark Northrup)

Related Entries of the International Encyclopedia:

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  2. Free Trade Commission Meeting of the CAFTA-DR Free Trade Commission In relation to the international law practice and Meeting of the Cafta-dr Free Trade Commission in this world legal Encyclopedia, please see the following section: Trade, Commercial Relations, Investment, Transportation About this subject: [...]...
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  9. Labor Practices Labor: Request For Arbitral Panel on Guatemala Labor Practices In relation to the international law practice and Labor: Request For Arbitral Panel on Guatemala Labor Practices in this world legal Encyclopedia, please see the following section: Trade, Commercial Relations, Investment, [...]...
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  13. Free Trade Introduction Free Trade, interchange of commodities across political frontiers without restrictions such as tariffs, quotas, or foreign exchange controls. This economic policy contrasts with protectionist policies that use such restrictions to protect or stimulate domestic industries. See [...]...
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  26. Freer Trade History of Commercial Treaties: Freer TradeHopeful omens, however, began to appear. In 1934 the United States passed the Reciprocal Trade Agreement, by which the president was empowered to lower import duties on a country's goods if that country reciprocated. The United States thereby m......
  27. North American Free Trade Agreement North American Free Trade Agreement (NAFTA) On January 1, 1994 the North American Free Trade Agreement (NAFTA) established a single trade zone. North American Free Trade Agreement Resources There is a great deal of research material available on this subject. The difficulty is not in [...]...
  28. Central European Free Trade Agreement Central European Free Trade Agreement (CEFTA) in relation with International Trade In the context of trade organizations, Christopher Mark (1993) provided the following definition of Central European Free Trade Agreement (CEFTA): A regional cooperation organization and prospective free trade [...]...
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  31. Free Movement of Goods Free Movement of Goods and Europe There is an entry on free movement of goods in the European legal encyclopedia. Resources See Also Further Reading Entry "Free Movement of Goods" in the work "A Concise Encyclopedia of the European Union from Aachen to Zollverein", by [...]...
  32. Regional Trade Agreements Regulating Regional Trade Agreements—A Legal Analysis and the World Trade Organization Regulating Regional Trade Agreements—A Legal Analysis in relation to the World Trade Organization (WTO) covers several issues....
  33. Trade Liberalization Introduction Trade liberalisation involves removing or reducing barriers to trade between different countries. One of the opposing forces that have shaped the changing pattern of world trade over the last 200 years was the promotion of free trade. The Relative Impact of Trade Liberalization [...]...
  34. Preferential Trade Agreements Impact of Preferential Trade Agreements on Competition Law and Policy This section provides an overview of impact of preferential trade agreements on competition law and policy within the legal context of Competition Law and Policy in international economic law (Main Regulatory Areas). [...]...
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  36. Trade Agreements Act Of 1979 An act of Congress implementing certain agreements negotiated under the Tokyo Round (read this and related legal terms for further details). The act replaced the Countervailing Duty Law and Antidumping Act of 1921 and ab......
  37. International Agreements In the United States For information about International agreements in the context of international trade, click here...
  38. Free Ships/free Goods A position asserted by certain authorities in international law that all cargo carried aboard a neutral vessel is exempt from seizure by belligerents in time of war. This view conflicts with a more widely held attitude that belligerents have a legal right to interdict munitions and supplies with war......
  39. Visa Agreements Visa Agreement Between the United States and Russia In relation to the international law practice and Visa Agreement Between the United States and Russia in this world legal Encyclopedia, please see the following section: Foreign Relations About this subject: Constitutionality of State [...]...
  40. Free Trade Exceptions Article XX GATT, Art XIV GATS This section provides an overview of article xx gatt, art xiv gats within the legal context of Specific Exemptions in Trade Law Protecting Domestic Policy Space in international economic law, with coverage of Protecting Domestic Policy Space (Principles). [...]...
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  43. Reciprocal Trade Agreements Program An act of Congress which authorized the president to reduce tariffs in exchange for like concessions by trading partners. The Reciprocal Trade Agreements Act of 1934, enacted as an amendment to the Smoot-Hawley Act (read thi......
  44. Cargill V. United Mexican States U.S. Statement in Canadian Court Set-aside Proceedings: Cargill v. United Mexican States In relation to the international law practice and U.S. Statement in Canadian Court Set-aside Proceedings: Cargill v. United Mexican States in this world legal Encyclopedia, please see the following [...]...
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  53. Unentered Goods In the United States For information about Unentered goods in the context of international trade, click here...
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  55. Free Riders Free-Riders Free-Riders and the GATT Policy Negotiations In relation to the GATT Policy Negotiations, Christopher Mark (1993) provided the following explanation and/or definition of Free-Riders: In the context of the Uruguay Round discussions of a proposed Multilateral Trade Organization, [...]...
  56. Government Procurement in Preferential Trade Agreements This section provides an overview of government procurement in preferential trade agreements within the legal context of Government Procurement in Preferential Trade Agreements in international economic law, with coverage of Government Procurement (Main Regulatory Areas)....
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  59. Unfair Trade Remedies In the United States For information about Unfair trade remedies in the context of international trade, click here...
  60. Free Alongside A condition in a shipping contract whereby the shipper bears all costs of delivering the goods up to a ship's tackle. This definition is modified to accommodate local customs of the port. ......
  61. Free Carrier (FCA) Free Carrier in International Trade Meaning of FCA (Free Carrier), according to the Dictionary of International Trade (Global Negotiator): In Incoterms FCA the seller fulfils his obligation to deliver when he has handed over the goods, cleared for export, into the charge of the carrier [...]...
  62. North American Free Trade Area Embracing mainstream international law, this section on north american free trade area explores the context, history and effect of the area of the law covered here. Resources Further Reading The entry "north american free trade area" in the Parry and Grant Encyclopaedic Dictionary [...]...
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  64. International Trade and Commercial Relations resources Contents International Trade and Commercial Relations resources International Trade and Commercial Relations web resources...
  65. Court of International Trade Proceedings In the United States For information about Court of international trade proceedings in the context of international trade, click here...
  66. Sectorial Agreements Sectorial Agreements in International Economic Law In international economic law, sectorial agreements includes the following legal areas, with coverage in this world legal encyclopedia: li> The WTO Agreements on Agriculture (AoA) The Decision on LLDCs and Food Importing Developing Countries [...]...
  67. List of international trade topics Contents List of international trade topics . Absolute advantage Agreement on Trade-Related Aspects of Intellectual Property Rights (TRIPS) Asia-Pacific Economic ... Read more...
  68. Entry of Goods Entry of Goods and the Laws of International Trade Entry of goods: Overview Customs Trade Law The entry process Evidence of right to make entry Entry for consumption Entry documents Surety Entry summary documentation Electronic entry: Automated Commercial [...]...
  69. Commercial Relations Cross References of Trade, Commercial Relations, Investment, Transportation in International Law Counternarcotics majors list, information on International Criminal Law in this legal Encyclopedia.B.2.a. Anti-Counterfeiting Trade Agreement, information on Treaty Affairs in this legal [...]...
  70. Free Market The economic system of a nation in which market forces determine which goods and services are produced, and at what price they are offered. Free market economies do not contain substantial government controls on resource availability, price levels, or central planning of economic objectives.......
  71. International Trade Organization International Trade Organization (ITO) in relation with International Trade In the context of trade organizations, Christopher Mark (1993) provided the following definition of International Trade Organization (ITO): (Not to be confused with Multilateral Trade "Organization, Sec. I). An [...]...
  72. General Agreements To Borrow An arrangement among the GROUP OF TEN (read this and related legal terms for further details) nations to provide supplemental financing to the International Monetary Fund (...
  73. For Free on Rail For Free on Rail in International Trade Meaning of For Free on Rail, according to the Dictionary of International Trade (Global Negotiator): A no longer valid Incoterms, but still used for some traders when goods are delivered in railway station in the seller's country. The suitable term [...]...
  74. Pacific Islands Agreements Amendments to Agreements With Marshall Islands, Kiribati, and Micronesia in 2013 United States views on international law [1] in relation to Amendments to Agreements With Marshall Islands, Kiribati, and Micronesia: On March 19, the United States and the Republic of the Marshall Islands [...]...
  75. International Trade Commission For more details on United States International Trade Commission, click here.......
  76. 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" [...]...
  77. International Trade Law Outline Following an introductory overview of the principles and structure of international trade law, this entry concentrates on the substantive obligations in the agreements that form part of the World Trade Organization Agreement, including tariff and customs?related matters, [...]...
  78. Free List A listing of all commodities on which no customs duties are imposed.......
  79. Canadian Court Set-aside Proceedings United States Statement in Canadian Court Set-aside Proceedings: Cargill v United Mexican States in 2011 United States views on international law (based on the document "Digest of U.S. Practice in International Law"): On January 31, 2011, the United States submitted a brief as [...]...
  80. Dispute Settlement Dispute Settlement and the GATT Policy Negotiations In relation to the GATT Policy Negotiations, Christopher Mark (1993) provided the following explanation and/or definition of Dispute Settlement: The process of negotiation, consultation, conciliation or mediation, and resolution of [...]...
  81. Free Perimeter A free trade area similar to a free port, consisting of a defined geographical area, often in a nation's interior, where customary trade regulations, taxes, and/or duties are not imposed; the usual object in establishing such a perimeter is to stimulate local production.......
  82. Fob Free on Board Fob Free on Board in International Trade Meaning of Fob Free on Board, according to the Dictionary of International Trade (Global Negotiator): FOB is the oldest Incoterms and together with CIF the most widely used with sea transport. The seller delivers the goods by placing them on board the [...]...
  83. Impact of Preferential Trade Agreements on Standards Impact of Preferential Trade Agreements on Regulation and Standards This section provides an overview of impact of preferential trade agreements on regulation and standards within the legal context of Harmonization, Equivalence and Mutual Recognition in international economic law, with [...]...
  84. Trade Agreements Act Of 1962 An act that authorized the president, during the period of July 1, 1962, through June 30, 1967, to reduce or eliminate certain tariffs in return for similar concessions on the part of other trading nations. The act was largely in response to the elimination of internal duties by members of the Europ......
  85. Trade Zones Trade Zones and the Laws of International Trade Foreign Trade Zones Customs Trade Law ...
  86. System of Preferences Ized System of Preferences In relation to the international law practice and Ized System of Preferences in this world legal Encyclopedia, please see the following section: Trade, Commercial Relations, Investment, Transportation About this subject: Other Trade Agreements and Trade-related [...]...
  87. Free of Particular Average A clause in a basic marine cargo insurance policy restricting settlements in the case of partial losses attributable to perils of the sea or incidents where the vessel has been sunk, burned, or stranded during the course of the voyage. An F.P.A. policy provides the most limited coverage. The [...]...
  88. Provincial Subsidies Award in Arbitration on Provincial Subsidies: Case No. 81010 In relation to the international law practice and Award in Arbitration on Provincial Subsidies: Case No. 81010 in this world legal Encyclopedia, please see the following section: Trade, Commercial Relations, Investment, [...]...
  89. International Trade Organizations Contents International Trade Organizations Introduction This entry concentrates on the structure, role and competence of the World Trade Organization (WTO) ... Read more...
  90. Free Movement of Capital Free Movement of Capital and Europe There is an entry on free movement of capital in the European legal encyclopedia. Resources See Also Further Reading Entry "Free Movement of Capital" in the work "A Concise Encyclopedia of the European Union from Aachen to Zollverein", [...]...
  91. Free Movement of Services Free Movement of Services and Europe There is an entry on free movement of services in the European legal encyclopedia. Resources See Also Further Reading Entry "Free Movement of Services" in the work "A Concise Encyclopedia of the European Union from Aachen to [...]...
  92. United States Trade Representative An office, with ambassadorial rank, created by Congress to direct U.S. trade negotiations during the Kennedy and Tokyo Rounds. Known previously as the special trade representative and the special representative for trade negotiations, the office was reorganized with expanded powers by Executive [...]...
  93. Trade Embargo Introduction to Trade Embargo Trade Embargo, prohibition by a government on trade with a foreign nation, usually stemming from a dispute between the two governments." (1) Resources Notes and References Information about "https://lawin.org/encarta-encyclope......
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  95. Rwanda The Legal History of Rwanda This section provides an overview of Rwanda Bilateral Investment Treaty With Rwanda in 2011 United States views on international law (based on the document "Digest of U.S. Practice in International Law"): On September 26, 2011, the U.S. Senate approved the [...]...
  96. Intermingled Goods In the United States For information about Intermingled goods in the context of international trade, click here...
  97. Bilateral Trade Agreement Bilateral Trade Agreement in International Trade Meaning of Bilateral Trade Agreement, according to the Dictionary of International Trade (Global Negotiator): A formal agreement involving commerce between two countries. Such agreements sometimes list the quantities of specific goods that may [...]...
  98. Trade in Services Agreement The Trade in Services Agreement (TiSA) This section provides an overview of the trade in services agreement (tisa) within the legal context of Preferential Trade in Services Agreements in international economic law, with coverage of Trades in Services and Specific Sectors (Main Regulatory [...]...
  99. Goods In Free Circulation Merchandise not subject to customs restrictions. These goods would include locally produced (i.e., not imported) merchandise and goods that have been cleared by customs and upon which all duties and taxes have been paid.......
  100. Investment Dispute Settlement Investment Dispute Settlement Under Chapter 11 of the North American Free Trade Agreement Involving the United States in 2013 United States views on international law [1] in relation to Investment Dispute Settlement Under Chapter 11 of the North American Free Trade Agreement Involving the [...]...
  101. International Air Law Transportation by Air In relation to the international law practice and transportation by air in this world legal Encyclopedia, please see the following section: Trade, Commercial Relations, Investment, and Transportation About this subject:Preclearance Agreement with the United Arab [...]...
  102. Tuna United States—measures Concerning the Importation, Marketing, and Sale of Tuna and Tuna Products (ds381) In relation to the international law practice and United States—measures Concerning the Importation, Marketing, and Sale of Tuna and Tuna Products (ds381) in this world legal [...]...
  103. Free Port Summary of Free Port A type of foreign trade zone (read this and related legal terms for further details), encompassing an entire port area, into which goods can be shipped, stored, and exported free of duty. Customarily, only goods entered for local consumption will be subject to duties [...]...
  104. Subsidies Subsidies and Countervailing Measures and the World Trade Organization Subsidies and Countervailing Measures in relation to the World Trade Organization (WTO) covers several issues. Dispute Brought by the United States Against the European Union: Subsidies on Large Civil Aircraft (ds316) In [...]...
  105. Free City of Danzig Free City of Danzig and I.l.o. Case Embracing mainstream international law, this section on free city of danzig and i.l.o. case explores the context, history and effect of the area of the law covered here. Resources Further Reading The entry "free city of danzig and i.l.o. case" in [...]...
  106. Free Coinage The system under which any individual may take bullion to the mint and have it coined. In the United States free coinage of silver persisted from 1792 to 1873; free coinage of gold was practiced from 1792 to 1933. The government's charge for converting bullion to coin is known as brassage; any p......
  107. Intellectual Property Rights Introduction Intellectual Property Rights (IPRs) protection is one of the most important and current legal issues in the international trade arena. As international trade and investment increases around the world, copyrights, trademarks, patents and trade secrets need to be subjects of a [...]...
  108. Trade Laws In the United States For information about Trade Laws in the context of international trade, click here...
  109. History of Foreign Trade until the 20th Century Contents History of Foreign Trade until the 20th Century Although foreign trade was an important part of ancient and medieval ... Read more...
  110. Gray Market Goods In the United States For information about Gray market goods in the context of international trade, click here...
  111. International Trade Theories In the United States For information about International Trade theories in the context of international trade, click here...
  112. Trade Regulations In the United States For information about Trade Regulations in the context of international trade, click here...
  113. Wto Agreement on Trade-related Investment Measures The Agreement on Trade-Related Investment Measures and the World Trade Organization The Agreement on Trade-Related Investment Measures in relation to the World Trade Organization (WTO) covers several issues....
  114. Free of Capture and Seizure A clause in an ocean marine policy that deletes from the list of covered perils the WAR RISKS (read this and related legal terms for further details) of capture and seizure, and losses attributable thereto. All such war-......
  115. Government Procurement Government Procurement and the GATT Policy Negotiations In relation to the GATT Policy Negotiations, Christopher Mark (1993) provided the following explanation and/or definition of Government Procurement: Government policies and procedures for purchasing goods and services. Procurement [...]...
  116. Monetary Freedom Contents Monetary Freedom Introduction The Index of Economic Freedom The Index of Economic Freedom measures ten components of economic freedom, ... Read more...
  117. Softwood Lumber Agreement Arbitration and Related Actions Arising From the Softwood Lumber Agreement in 2011 United States views on international law (based on the document "Digest of U.S. Practice in International Law"): The United States has availed itself of the dispute resolution provisions under the 2006 [...]...
  118. Freedom of Trade Freedom of Trade and Commerce In relation to the freedom of trade and commerce and constitutional law, Gonzalo Villalta Puig[1] made the following observation: The freedom of trade and commerce is a constitutional norm that conceives the sale and purchase of goods and services among or [...]...
  119. License Agreements License Agreements in International Trade Meaning of License Agreements, according to the Dictionary of International Trade (Global Negotiator): A contractual arrangement in which the licensor's patents, trademarks, service marks, copyrights or know-how may be sold or otherwise made [...]...
  120. Zeroing Zeroing in International Trade Meaning of Zeroing, according to the Dictionary of International Trade (Global Negotiator): In the World Trade Organization (WTO) dumping procedures, an investigating authority usually calculates the dumping margin by getting the average of the differences [...]...

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