Related Entries of the International Encyclopedia:

1. Grey of Fallodon, Edward Grey, 1st Viscount ContentsGrey of Fallodon, Edward Grey, 1st ViscountFurther ReadingConclusionNotesSee AlsoReferences and Further ReadingAbout the Author/s and Reviewer/sMentioned in these Entries Grey ... Read more...
2. Common External Tariff Summary of Common External Tariff The uniform customs tariff applied by all the member states of a customs union or common market to imports from nonmember nations.(Main Author: William J. Miller) Common External Tariff and the GATT Policy Negotiations In relation to the GATT [...]...
3. Group of Seven Group of Seven (G- 7) in relation with International Trade In the context of trade organizations, Christopher Mark (1993) provided the following definition of Group of Seven (G- 7): The seven leading industrial countries of the world: the United States, Japan, Germany, France, the United [...]...
4. Economic Union Summary of Economic Union Also known as an economic community, an advanced form of economic integration on the part of several states. The economic union incorporates the features of a Common market (read this and related legal terms for further details)—unrestricted free trade among [...]...
5. Free Trade Area Summary of Free Trade Area An association of states that seeks to overcome impediments to trade among members by reducing or eliminating tariffs among the participants. The members of a free trade area do not maintain a common external tariff nor do they (usually) provide for the free flow [...]...
6. European Community European Community (EC) in relation with International Trade In the context of trade organizations, Christopher Mark (1993) provided the following definition of European Community (EC): (Previously known as the European Economic Community, or EEC; the term "European Communities" [...]...
7. Cartel Summary of Cartel An alliance among firms in the same line of business aimed at controlling or dominating their field on an international basis.(Main Author: William J. Miller) Definition of Cartel In accordance with the work A Dictionary of Law, this is a description of Cartel : [...]...
8. Gross Income Other Popular Tax Definitions in the World Legal Encyclopedia Adjusted Gross Income (sometimes, including Gross Income) Ad Valorem Tax (sometimes, including Gross Income) Alternative Minimum Tax (sometimes, including Gross Income) Big Four (audit firms) (sometimes, including Gross Income) [...]...
9. Clauses Sue & Labor Clause in International Trade Meaning of Sue & Labor Clause, according to the Dictionary of International Trade (Global Negotiator): A provision in marine insurance obligating the assured to do things necessary after a loss to prevent further loss and to act in the best interests [...]...
10. G-7 G-7 (Group of Seven) in International Law Meaning of G-7 Group of Seven, according to the Dictionary of International Trade (Global Negotiator): Group comprising the major industrialized nations in economic terms, which in view if the global importance of the member states have made in their [...]...
11. G20 The Group of Twenty (G20) brings together the world's major advanced and emerging economies, comprising the European Union (EU) and 19 country members G20 and EU-27 The country members include four EU Member States: Germany France Italy the United Kingdom 15 countries [...]...
12. Caricom Caricom Caricom in International Trade Meaning of Caricom, according to the Dictionary of International Trade (Global Negotiator): The Caribbean Community Market (CARICOM) is an organization of 15 Caribbean nations established in 1973 whose main purposes are to promote economic integration and [...]...
13. Gross Domestic Product Summary of Gross Domestic Product The aggregate value, expressed in monetary terms, of all goods and services produced within a national economy during a given time period, usually one year.(Main Author: William J. Miller) Gross Domestic Product (gdp) (in the Human Development [...]...
14. Group Of Twenty Group Of Twenty Summary of Group Of Twenty A committee established by the International Monetary Fund (read this and related legal terms for further details) to recommend reforms in the world monetary order. On July 26, 1972, the IMF adopted resolution 27-10, establishing the Committee on [...]...
15. Trade Policy Review Group Trade Policy Review Group (TPRG) in relation with International Trade In the context of trade organizations, Christopher Mark (1993) provided the following definition of Trade Policy Review Group (TPRG): The subcabinet interagency group responsible for developing and coordinating US policies [...]...
16. Absolute Advantage Absolute Advantage and International Trade Economy In relation to international trade economy, Christopher Mark (1993) provided the following definition of Absolute Advantage: The ability of a country to supply a particular product or class of goods at lower costs than competing nations. See [...]...
17. Grey Area Grey Area Measures and the GATT Policy Negotiations In relation to the GATT Policy Negotiations, Christopher Mark (1993) provided the following explanation and/or definition of Grey Area Measures: Import relief measures taken outside the scope of GATT rules by countries seeking to protect [...]...
18. Gross National Income Gross National Income (gni) (in the Human Development Area) In this context, Gross National Income (gni) means: comprises the market value of all products and services generated regardless of where the output is produced in given period (i.e., its gross domestic product, plus net receipts of [...]...
19. Barter Summary of Barter A direct exchange of products without cash. In some cases, a third party is brought into the transaction to dispose of some or all of the goods in a third country; this practice is known as switch trading. See Countertrade.(Main Author: William J. Miller) Barter [...]...
20. Economic Integration Summary of Economic Integration The process of unifying two or more national economies through conscious coordination of trade, fiscal, and monetary activities. Economic integration is normally preceded by the reduction or abolition of tariffs, quotas, and similar constraints upon trade [...]...
21. Social Dialogue Social dialogue in the International Trade Union Rights Area Definition of Social dialogue provided by ITUC-CSI-IGB: Discussion and co-operation between the social partners on matters of common interest, such as economic and social policy. Involves participation by the state where tripartism [...]...
22. 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 [...]...
23. Holding Company Holding Company in International Trade Meaning of Holding Company, according to the Dictionary of International Trade (Global Negotiator): Holding companies are corporations that are created for the sole purpose of obtaining and managing a controlling interest in other companies. There are [...]...
24. Mercosur The Mercosur treaty creates something of a free trade zone among countries in the southern part of South America. The related Mercosur organization posts materials in Spanish. For information about Mercosur materials, see A Guide to MERCOSUR Legal Research: Sources and Documents. [...]...
25. Labor Advisory Committee Labor Advisory Committee (LAC) in relation with International Trade In the context of trade organizations, Christopher Mark (1993) provided the following definition of Labor Advisory Committee (LAC): A policy-level committee that forms part of the private sector advisory system established by [...]...
26. Gross National Product Summary of Gross National Product The aggregate value, expressed in monetary terms, of all goods and services attributable to a national economy during a given period, usually one year. The final sum includes all goods and services produced within the economy, plus income earned overseas [...]...
27. Affiliate Company Definition of Affiliate Company in International Trade The following is a concept of Affiliate Company in the context of international trade law, from the Dictionary of International Trade (Global Negotiator): A Company that is less than 50% owned by a parent company; the parents acts as [...]...
28. Monetary Policy Monetary Policy (in the Human Development Area) In this context, Monetary Policy means: the complex of actions aiming to regulate the money supply in a country. By changing banking interest rate, or acting on open securities' market, a government either enlarges or diminishes inflow of [...]...
29. Group of Seventy-Seven Group of Seventy-Seven (G- 77) in relation with International Trade In the context of trade organizations, Christopher Mark (1993) provided the following definition of Group of Seventy-Seven (G- 77): A caucus for the developing countries on economic matters in the United Nations and subsidiary [...]...
30. Buffer Stocks Buffer Stocks and International Trade Economy In relation to international trade economy, Christopher Mark (1993) provided the following definition of Buffer Stocks: Commodity stocks managed by countries or international organizations to moderate market price fluctuations. When prices rise [...]...
31. Gross Register Ton Synonymous with Gross Ton (read this and related legal terms for further details).......
32. Import Substitution Summary of Import Substitution The act of eliminating imports of a given product by commencing production locally, often accompanied by controls such as increased duties, quotas, or outright bans to discourage or prevent continued foreign imports. This approach is fairly common on the part [...]...
33. Intervention Price The price at which the European Economic Community, in accordance with the Common Agricultural Policy (read this and related legal terms for further details), will intervene in the market to buy excess agricultural produ......
34. Depreciation Other Popular Tax Definitions in the World Legal Encyclopedia Adjusted Gross Income (sometimes, including Depreciation) "https://lawin.org/Ad-valorem-tax/" target="_blank"......
35. Group of Fifteen Group of Fifteen (G-15) in relation with International Trade In the context of trade organizations, Christopher Mark (1993) provided the following definition of Group of Fifteen (G-15): A group of developing countries seeking recognition as interlocutor for the LDCs in discussions of [...]...
36. Trade Bloc Trade Bloc and the GATT Policy Negotiations In relation to the GATT Policy Negotiations, Christopher Mark (1993) provided the following explanation and/or definition of Trade Bloc: A general term referring to regional arrangements among countries that have established formal mechanisms for [...]...
37. Chaebols Chaebols in relation with International Trade In the context of trade organizations, Christopher Mark (1993) provided the following definition of Chaebols: South Korea's industrial conglomerates. The four largest chaebols are Hyundai, Samsung, Lucky-Goldstar, and Daewoo....
38. National Economic Council National Economic Council (NEC) in relation with International Trade In the context of trade organizations, Christopher Mark (1993) provided the following definition of National Economic Council (NEC): The NEC was established at the outset of the Clinton Administration to coordinate US [...]...
39. Subsidiary Subsidiary or Subordinate Election Management Body in Election Law An Election Management Body (EMB) that is not the primary or principal entity responsible for the organisation of elections within a given state. It may be regional or local. Subsidiary in International Trade Meaning of [...]...
40. European Neighbourhood Policy European Neighbourhood Policy (ENP) The European Neighbourhood Policy, abbreviated as ENP, was developed in 2004, with the objective of avoiding the emergence of new dividing lines between the enlarged European Union (EU) and its neighbours to the South and East Through the ENP, the EU offers [...]...
41. Economic Nationalism A conscious, articulated national drive toward economic self-sufficiency. Economic nationalism is comparable to Autarchy (read this and related legal terms for further details) but does not mandate the economic isolation......
42. Variable Levy Variable Levy and the GATT Policy Negotiations In relation to the GATT Policy Negotiations, Christopher Mark (1993) provided the following explanation and/or definition of Variable Levy: An import duty that is subject to alteration as world market prices change, designed to ensure that the [...]...
43. Export Entry Modes Export Entry Modes in International Trade Meaning of Export Entry Modes, according to the Dictionary of International Trade (Global Negotiator): In establishing export channels a company has to decide which functions will be the responsibility of external agents and which will be handled by [...]...
44. Company Profiles Company Profiles Materials America’s Corporate Finance Directory B2B Live from 1Stop Data Belgian Company Information Bürgel-Firmenprofile Business Monitor International Company ... Read more...
45. European Company European Company and Europe There is an entry on european company in the European legal encyclopedia. Resources See Also Further Reading Entry "European Company" in the work "A Concise Encyclopedia of the European Union from Aachen to Zollverein", by Rodney Leach (Profile [...]...
46. Green Rate A special rate of exchange used in converting agricultural prices fixed in units of account into national currencies, within the framework of the Common Agricultural Policy (read this and related legal terms for further deta......
47. Laissez-faire Laissez Faire Summary of Laissez Faire A doctrine that government should refrain from any form of trade regulation, leaving productivity and distribution of wealth purely to market forces and individual industry. The concept arose around the beginning of the eighteenth century in France, [...]...
48. Export Trading Company Export Trading Company and International Trade Economy In relation to international trade economy, Christopher Mark (1993) provided the following definition of Export Trading Company: (Also known as an export management company.) A private firm that provides related-related services to other [...]...
49. Free Trade Agreement Free Trade Agreement and the GATT Policy Negotiations In relation to the GATT Policy Negotiations, Christopher Mark (1993) provided the following explanation and/or definition of Free Trade Agreement: An agreement between two or more countries establishing a free trade area (FTA)....
50. Delay Clause Delay Clause in International Trade Meaning of Delay Clause, according to the Dictionary of International Trade (Global Negotiator): An insurance policy clause that excludes claims for loss of market and for loss, damage or deterioration arising from delay. This exclusion appears in almost [...]...
51. Price Differentiation Price Differentiation in International Trade Meaning of Price Differentiation, according to the Dictionary of International Trade (Global Negotiator): Price strategy for international markets that allows each local subsidiary or partner (agent, distributor. etc.) to set a price that is [...]...
52. Guide Price As used in conjunction with the European Economic Community's Common Agricultural Policy on cattle and calves, it is synonymous with Orientation Price (read this and related legal terms for further details).......
53. Gray Market Definition In the United States For information about Gray Market Definition in the context of international trade, click here...
54. Gray Market Goods In the United States For information about Gray market goods in the context of international trade, click here...
55. Gray-market Adoption Description of Gray-market Adoption In this reference work, gray-market adoption is a sort of the Family law category. Resources See Also Private Adoption Family law...
56. Common Market Summary of Common Market A supranational organization of trading nations, created to promote economic collaboration and minimize constraints on the free movement of goods among the member states. Features of a common market include elimination of tariffs on goods moving between member [...]...
57. Spot Market A market for commodities or currency in which the sale results in an immediate or nearly immediate exchange of the goods or instruments for cash, as compared with a futures market, which trades in contracts for the future delivery of the product.......
58. Market Risk Market Risk in International Trade Meaning of Market Risk, according to the Dictionary of International Trade (Global Negotiator): The possibility that results at the time a product is delivered may differ from expectations held at a time it was ordered. For instance, the market price may have [...]...
59. Market Access Data Base Market Access Data Base in International Trade Meaning of Market Access Data Base, according to the Dictionary of International Trade (Global Negotiator): Database of the European Union with comprehensive information about tariffs in all countries of the world to European products and [...]...
60. European Internal Market Resources See Also International Trade Trade Regulation International Economic Law Export License International Trade Law Foreign Trade Safeguard...
61. Market Market Reserve Policies and International Trade Resources See Also Economy Economic System Legal System Capitalism Resources See Also Law of Similars...
62. Market Value Embracing mainstream international law, this section on market value explores the context, history and effect of the area of the law covered here. Resources Further Reading The entry "market value" in the Parry and Grant Encyclopaedic Dictionary of International Law (currently, the [...]...
63. At the Market Resources See Also Market order...
64. Market-Inalienability ContentsMarket-InalienabilityConclusionNotesSee AlsoReferences and Further ReadingAbout the Author/s and Reviewer/sMentioned in these Entries Market-Inalienability   Margaret Jane Radin   Things that ... Read more...
65. Black Market Black Market Definition Black Market is the term designating the illicit sale of commodities in violation of government rationing and price-fixing. The term originated in Europe during World War I, when the introduction of rationing in belligerent countries tempted some persons with access [...]...
66. Central Market A spot commodity market that serves as a national or regional center of trading activity, and often large-scale distribution of the products as well. Transactions are usually performed by dealers who serve as intermediary brokers between buyers and sellers.......
67. Fair Market Value The value an imported product would fetch, under similar circumstances of sale, were the goods sold in the country of origin. Customs authorities are usually interested in the fair market value of imported merchandise inasmuch as sales below such value may serve as the basis of a Dumping (...
68. 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.......
69. Interbank Market A market for the purchase and sale in the spot and forward markets for foreign exchange among major commercial banks. Very often, these banks will offer to purchase or sell exchange through brokers, thereby initially protecting the identity of the market participants in a given currency at a point i......
70. Market Access Summary of Market Access The degree of participation in the domestic market that a nation allows to foreign suppliers. Tariffs, quotas, and similar protective devices are devices imposed to limit market access. (Main Author: William J. Miller) Market Access and National Treatment in the [...]...
71. Market Disruption A condition in which foreign imports of a given product increase in quantity so rapidly as to cause, or threaten to cause, material injury to a competing domestic industry. A finding of market disruption before the International Trade Commission may result in retaliatory actions against the [...]...
72. Primary Market A spot commodity market dealing in a local producing area. Ordinarily such markets develop around local transportation centers.......
73. Single Market Summary of Single Market A component feature of the Common Agricultural policy (read this and related legal terms for further details) of the European Economic Community.(Main Author: William J. Miller) Single Market and Europe There is an entry on single market in the European [...]...
74. Bonds Market Bonds in this SectionBondHow Bonds WorkTypes of BondsIssu......
75. Market Failure Market Imperfections or Market Failure and International Trade Economy In relation to international trade economy, Christopher Mark (1993) provided the following definition of Market Imperfections or Market Failure: Often refers to two sources of departure from perfect competition, i.e., [...]...
76. Market Structure Market Structure and International Trade Economy In relation to international trade economy, Christopher Mark (1993) provided the following definition of Market Structure: Refers to the structure of an industry or market, as reflected in the number and size distribution of sellers and buyers, [...]...
77. Market Power Market Power and International Trade Economy In relation to international trade economy, Christopher Mark (1993) provided the following definition of Market Power: The ability of an individual firm to exert control over prices prevailing in the markets for its products or services. The highest [...]...
78. Market Performance Market Performance and International Trade Economy In relation to international trade economy, Christopher Mark (1993) provided the following definition of Market Performance: The principal focus of competition policy, market performance refers to the degree to which a particular industry or [...]...
79. Market Intelligence Improving Competitiveness Through Organizational Market Intelligence: Market Intelligence, the Law and other Social Sciences Market intelligence (MI) is a concept that results in real opportunities for knowledge management in organizations. MI is a cyclic process to deliver knowledge for [...]...
80. Internal Market Meaning of Internal market Here is a very short concept of internal market in the European Union framework: Another term for the single market; also known as the common market, although that expression has wider connotations. Resources Notas y References See Also...
81. Over-the-counter Market Resources See Also NASD NASDAQ...
82. Actual Market Value Resources See Also Market volume...
83. Cornering the Market Resources See Also Corner...
84. Clear Market Value Resources See Also Fair market value...
85. Current Market Value Resources See Also Fair market value...
86. Agricultural Market Resources See Also Farming Farm Bill Agricultural Law Agriculture Reform Agriculture...
87. Market Economy Resources See Also Economy Economic System Legal System Capitalism...
88. Capital Market Resources See Also Finance Consumer Credit Negotiable Instrument Securities Financial Regulation Corporate Finance...
89. Labor Market Resources See Also Labor Employment Law International Labor Law Industrial Safety Labour Labor Right Labor Policy...
90. Market Research Resources See Also Price Policy Price Control Pricing Strategy Dumping...
91. Commodity Market Resources See Also Trade Market White Market Financial Market Trade Law Competition Law...
92. Domestic Market Resources See Also Trade Market White Market Financial Market Trade Law Competition Law...
93. Financial Market Resources See Also Trade Market White Market Financial Market Trade Law Competition Law...
94. International Market Resources See Also Trade Market White Market Financial Market Trade Law Competition Law...
95. Market Planning Resources See Also Trade Market White Market Financial Market Trade Law Competition Law...
96. Market Stabilization Resources See Also Trade Market White Market Financial Market Trade Law Competition Law...
97. Market Study Resources See Also Trade Market White Market Financial Market Trade Law Competition Law...
98. Market Definition Resources See Also Business Law Antitrust Laws...
99. Market Scope Resources See Also Business Law Antitrust Laws...
100. Andean Common Market Considered in Andean Group.......
101. Carribbean Community And Common Market Commonly known as Caricom, the successor organization to the defunct Caribbean Free Trade Association (Carifta). The object of CARICOM was to stimulate regional development through the adoption of a common external tariff and uniform protectionist measures, harmonization of fiscal affairs, and conce......
102. Central American Common Market Summary of Central American Common Market A free trade area among the nations of Central America, established in 1960 by a treaty between El Salvador, Guatemala, Honduras, and Nicaragua. The common market began operations in 1961, and Costa Rica joined the group in 1962. Honduras dropped [...]...
103. European Common Market European Common MarketCross-reference: European Economic Community and European Union.......
104. Dual Exchange Market A governmentally mandated system for the handling of foreign exchange transactions under which officially sanctioned imports or other approved transactions are accommodated at a given, prescribed rate of exchange while other transactions employ the market rate of exchange. For a listing of countries......
105. Foreign Market Price For purposes of customs valuation comparisons, generally the price of like merchandise sold for consumption in the country of origin.......
106. London Discount Market The group of London discount houses that make a market for short-term government and commercial paper. The discount market is financed by secured loans from the London clearing banks.......
107. Market-Oriented Distribution Center A product distribution center located close to the point of consumption rather than the point of manufacture. For example, an American manufacturer of a product sold in Europe might supply European customers from a (market-oriented) distribution center in Rotterdam, rather than directly from the U.S......
108. Open Market Captive See Captive Insurance Company.......
109. Open Market Operations A principal vehicle of the Federal Reserve system in expanding or contracting bank reserves. The Federal Open Market Committee, consisting of the entire Board of Governors of the Federal Reserve system, plus representatives of five of the twelve regional Federal Reserve banks (the New York Federal R......
110. Arab Common Market Arab Common Market Outline The ACM came into existence in 1965, pursuant to an agreement signed in 1964 by the Arab League states. Its initial members included Egypt, Iraq, Jordan, Kuwait, Libya, Mauritania, Palestine Liberation Organisation, Somalia, Sudan, Syria, United Arab Emirates, Yeme......
111. Caribbean Community and Common Market Caribbean Community and Common Market (CARICOM), organization established in 1973 to promote regional unity and to coordinate economic and foreign policy among Caribbean nations. Member countries include Antigua and Barbuda, Barbados, Belize, Dominica, G......
112. Southern Common Market Southern Common Market in relation with International Trade In the context of trade organizations, Christopher Mark (1993) provided the following definition of Southern Common Market: Mercado Common del Sur (MERCOSUR) or Mercado Comum do Sui (MERCOSUL). A common market including Argentina, [...]...
113. Islamic Common Market Islamic Common Market in International Trade Resources See Also Economic Cooperation Organization....
114. Caribbean-Canadian Common Market Caribbean-Canadian Common Market (CARIBCAN) and the GATT Policy Negotiations In relation to the GATT Policy Negotiations, Christopher Mark (1993) provided the following explanation and/or definition of Caribbean-Canadian Common Market (CARIBCAN): A non-reciprocal preferential [...]...
115. 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, [...]...
116. Market Definition and Scope References See Also Business Law Antitrust Laws...
117. Social Market Economy Social Market Economy and Europe There is an entry on social market economy in the European legal encyclopedia. Resources See Also Further Reading Entry "Social Market Economy" in the work "A Concise Encyclopedia of the European Union from Aachen to Zollverein", by Rodney [...]...
118. Standards for Market Actors This section provides an overview of standards for market actors within the legal context of Financial Regulation in international economic law, with coverage of Monetary and Financial Regulation (Main Regulatory Areas). Resources Further Reading Rashid Bahar, "Standards for Market [...]...
119. Capital Market Liability Capital Market Liability in Private International Law This section contain conflict of laws information and cross references related to capital market liability on some major countries and additional jurisdictions. It covers key issues involved when citizens face international situations. [...]...
120. Money Market Accounts Money Market Accounts regarding Banking Law This content deals with legal and regulatory aspects of Money Market Accounts covered in connexion with financial law and banking / lending Institutions....