Related Entries of the International Encyclopedia:

1. Tariff Schedule Tariff Schedule and the GATT Policy Negotiations In relation to the GATT Policy Negotiations, Christopher Mark (1993) provided the following explanation and/or definition of Tariff Schedule: A comprehensive list of the goods, which a country imports, and the import duties applicable to each [...]...
2. 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 [...]...
3. 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 [...]...
4. 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. [...]...
5. 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, [...]...
6. Concessions Schedule of Concessions and the GATT Policy Negotiations In relation to the GATT Policy Negotiations, Christopher Mark (1993) provided the following explanation and/or definition of Schedule of Concessions: A list of import duties applicable to specific goods which a GATT Contracting Party [...]...
7. 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 [...]...
8. 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: [...]...
9. Applied Tariff Rate Applied Tariff Rate and the GATT Policy Negotiations In relation to the GATT Policy Negotiations, Christopher Mark (1993) provided the following explanation and/or definition of Applied Tariff Rate: The tariff rate actually used to determine the amount of duty owed on a particular import [...]...
10. 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 [...]...
11. Tariff Escalation Tariff Escalation and the GATT Policy Negotiations In relation to the GATT Policy Negotiations, Christopher Mark (1993) provided the following explanation and/or definition of Tariff Escalation: The application of tariff rates on raw materials that are lower than on processed versions of the [...]...
12. Import Quota Import Quota and the GATT Policy Negotiations In relation to the GATT Policy Negotiations, Christopher Mark (1993) provided the following explanation and/or definition of Import Quota: A means of restricting or controlling imports by specifying the quantity or value of a commodity, which may [...]...
13. 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....
14. 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" [...]...
15. 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 [...]...
16. 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 [...]...
17. Customs Classification Customs Classification and the GATT Policy Negotiations In relation to the GATT Policy Negotiations, Christopher Mark (1993) provided the following explanation and/or definition of Customs Classification: The determination of the appropriate category in which a traded product is classified for [...]...
18. 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 [...]...
19. 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 [...]...
20. 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 [...]...
21. 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 [...]...
22. 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 [...]...
23. 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......
24. 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 [...]...
25. Treatment Special and Differential Treatment (S&D) and the GATT Policy Negotiations In relation to the GATT Policy Negotiations, Christopher Mark (1993) provided the following explanation and/or definition of Special and Differential Treatment (S&D): Preferential treatment given to industrial countries [...]...
26. 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 [...]...
27. 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 [...]...
28. 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 [...]...
29. Horizontal Reduction Horizontal Reduction and the GATT Policy Negotiations In relation to the GATT Policy Negotiations, Christopher Mark (1993) provided the following explanation and/or definition of Horizontal Reduction: Negotiated cuts in tariff rates by the same percentage for all parties to an agreement. Also [...]...
30. 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 [...]...
31. 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 [...]...
32. Tariff Rate Quota Tariff Rate Quota (TRQ) and the GATT Policy Negotiations In relation to the GATT Policy Negotiations, Christopher Mark (1993) provided the following explanation and/or definition of Tariff Rate Quota (TRQ): Alternative term for tariff quota....
33. Single-Column Tariff Single-Column Tariff and the GATT Policy Negotiations In relation to the GATT Policy Negotiations, Christopher Mark (1993) provided the following explanation and/or definition of Single-Column Tariff: A tariff schedule specifying only one rate of duty for each imported commodity....
34. 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 [...]...
35. 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)....
36. GATT Codes GATT Codes and the GATT Policy Negotiations In relation to the GATT Policy Negotiations, Christopher Mark (1993) provided the following explanation and/or definition of GATT Codes: Agreements negotiated under GATT auspices to remove or lessen the trade-distorting effects of nontariff measures [...]...
37. 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 [...]...
38. Most-favored-nation A privilege granted to a nation to have customs duties levied upon its products at the lowest rate offered to any other nation. Customarily, the extension of most favored nation status is reciprocal. See tariff (Customs).......
39. 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 [...]...
40. 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 [...]...
41. 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. [...]...
42. Initial Negotiating Right Initial Negotiating Right (INR) and the GATT Policy Negotiations In relation to the GATT Policy Negotiations, Christopher Mark (1993) provided the following explanation and/or definition of Initial Negotiating Right (INR): A right held by a GA TT member to be compensated by another member if a [...]...
43. 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 [...]...
44. Transition Transition and the GATT Policy Negotiations In relation to the GATT Policy Negotiations, Christopher Mark (1993) provided the following explanation and/or definition of Transition: A term referring to the period of time during which provisions of a trade agreement will be implemented [...]...
45. State Trading Enterprises State Trading Enterprises 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 Enterprises: Entities established by governments to import, export, or produce certain products. [...]...
46. Madrid Agreement Madrid Agreement and the GATT Policy Negotiations In relation to the GATT Policy Negotiations, Christopher Mark (1993) provided the following explanation and/or definition of Madrid Agreement: Formal name is the Madrid Agreement Concerning the International Registration of Marks. An [...]...
47. 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 [...]...
48. 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 [...]...
49. 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...
50. 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 [...]...
51. 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 [...]...
52. Nontariff Barriers Nontariff Barriers (NTBs) and the GATT Policy Negotiations In relation to the GATT Policy Negotiations, Christopher Mark (1993) provided the following explanation and/or definition of Nontariff Barriers (NTBs): Measures other than tariffs that burden or restrict international trade. NTBs may [...]...
53. 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....
54. 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 [...]...
55. 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, [...]...
56. Conventional Duty A customs duty, or rate of duty, arising out of a treaty or other international agreement, as contrasted with an autonomous duty unilaterally imposed by a government absent of any international agreement.......
57. Marketing Agreement Orderly Marketing Agreement (OMA) and the GATT Policy Negotiations In relation to the GATT Policy Negotiations, Christopher Mark (1993) provided the following explanation and/or definition of Orderly Marketing Agreement (OMA): A contractual agreement between two or more governments to restrain [...]...
58. Related Specificity A rule of customs law that when two or more tariff provisions might be applied to an item, the one that most specifically describes the article shall be applied.......
59. 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 [...]...
60. 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 [...]...
61. Shiping Transshipment and the GATT Policy Negotiations In relation to the GATT Policy Negotiations, Christopher Mark (1993) provided the following explanation and/or definition of Transshipment: Shipping goods through one country to another country in order to conceal the true country of origin. [...]...
62. 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 [...]...
63. Prior Deposits Prior Deposits and the GATT Policy Negotiations In relation to the GATT Policy Negotiations, Christopher Mark (1993) provided the following explanation and/or definition of Prior Deposits: A requirement as a condition for importing that an importer deposit a specified sum of money --in [...]...
64. 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......
65. Havana Charter Detais can be found in General Agreement on Tariffs and Trade).......
66. 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 [...]...
67. Reduction Linear Reduction and the GATT Policy Negotiations In relation to the GATT Policy Negotiations, Christopher Mark (1993) provided the following explanation and/or definition of Linear Reduction: A tariff negotiating procedure based on reduction of tariffs by a specified percentage on an entire [...]...
68. Kennedy Round A series of international trade discussions commencing in Geneva in May 1964, under the auspices of the General Agreement on Tariffs and Trade (read about the GATT for further details). The discussions were prompted by ......
69. 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 [...]...
70. 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....
71. Global Quotas Global Quotas and the GATT Policy Negotiations In relation to the GATT Policy Negotiations, Christopher Mark (1993) provided the following explanation and/or definition of Global Quotas: Explicit limits set by a country on the overall value or quantity of goods, which may be imported from or [...]...
72. Paris Convention Known formally as the Paris Convention for the Protection of Industrial Property, an international agreement formulated to protect rights to industrial property including inventions, trademarks, service marks, trade names, and appellations of origin. The substantive provisions of the convention [...]...
73. Preemption The prerogative of customs authorities to seize and sell merchandise that an importer has deliberately undervalued to avoid payment of dudes.......
74. Principal Supplier A nation that serves as the major source of supply to another country for a specific product.......
75. Petition Petition in Constitutional Law From the Comparative Constitutions Project: By right to petition, we mean the right to submit individual or group level grievances to government Petition and the GATT Policy Negotiations In relation to the GATT Policy Negotiations, Christopher Mark (1993) [...]...
76. 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 [...]...
77. Price Bands Price Bands and the GATT Policy Negotiations In relation to the GATT Policy Negotiations, Christopher Mark (1993) provided the following explanation and/or definition of Price Bands: A form of variable levy linked to a system of domestic price controls. Countries such as Chile and Colombia [...]...
78. Preferential Arrangement Preferential Arrangement and the GATT Policy Negotiations In relation to the GATT Policy Negotiations, Christopher Mark (1993) provided the following explanation and/or definition of Preferential Arrangement: A group of countries that grant each other special trade advantages, such as [...]...
79. 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 [...]...
80. 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 [...]...
81. Parallel Imports Parallel Imports and the GATT Policy Negotiations In relation to the GATT Policy Negotiations, Christopher Mark (1993) provided the following explanation and/or definition of Parallel Imports: Goods, which are authorized by the owner of intellectual properly rights for sale in one country, but [...]...
82. Pipeline Protection Pipeline Protection and the GATT Policy Negotiations In relation to the GATT Policy Negotiations, Christopher Mark (1993) provided the following explanation and/or definition of Pipeline Protection: In international negotiations on protection of intellectual property rights, refers to the [...]...
83. Preferences Preferences and the GATT Policy Negotiations In relation to the GATT Policy Negotiations, Christopher Mark (1993) provided the following explanation and/or definition of Preferences: Special trade advantages granted by an importing country to certain trading partners, in contrast to [...]...
84. 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 [...]...
85. Country List of Countries and Jurisdictions United States of America Afghanistan Albania Algeria American Samoa Andorra Angola Anguilla Antigua Argentina Armenia Aruba Australia Austria Azerbaijan Bahamas Bahrain Bangladesh Barbados Belarus Belgium Belize Benin Bermuda Bhutan Bolivia Bosnia and [...]...
86. Montreal Protocol   Article 1: Definitions For the purposes of this Protocol: 1. "Convention"means the Vienna Convention for the Protection of the Ozone Layer, adopted on 22 March 1985. 2. "Parties"means, unless the text otherwise indicates, Parties to this Protocol. 3. [...]...
87. Balance of Payments Balance Of Payments Summary of Balance Of Payments The sum owed to or by a nation as the result of its international transactions during a given time period, usually one year. The balance of payments is calculated by subtracting the nation's total payments to foreigners from total [...]...
88. Border Tax Adjustments A refund or rebate of indirect taxes on merchandise, such as sales or value added taxes, when the goods are exported. Such rebates are authorized under the General Agreement on Tariffs and Trade ("https://lawin.org/General-Agreement-on-Tariffs-and-Trade/">read about the GATT [...]...
89. COCOM An informal working group comprised of Western governments, established for the purpose of preventing exports of certain strategic products to potentially hostile countries. The COCOM proscribed countries are: the USSR, its WARSAW pact (...
90. 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 [...]...
91. Compensation Summary of Compensation Trade concessions granted by one nation to another in recompense for other trade concessions that have been withdrawn or suspended.(Main Author: William J. Miller) Forms of Criminal Punishment: Compensation Introduction to Compensation Certain punishments [...]...
92. Compensatory Tax A special import levy imposed by the European Economic Community upon certain agricultural imports when the entry price of such products falls below a reference, or minimum target, price and the import is priced so as to reflect an export subsidy. Compensatory taxes are institutionalized in the [...]...
93. Conference Summary of Conference An association of steamship lines operating over a specific trade route, formed for the purpose of setting freight rates and service standards to be applied uniformly by all the member carriers. The Shipping Act of 1916 empowers the Federal Maritime Commission to [...]...
94. Confrontation and Justification A mechanism employed during multinational trade negotiations to define the positions of the various national delegations. Typically, each participating nation submits to its trading partners a statement of views, proposed tariff cuts, et cetera. During a series of meetings each nation is [...]...
95. Customs Territory The geographical area of a country, its possessions, and surrounding waters within which the customs authority is empowered to impose duties and controls upon foreign merchandise entering therein. The customs territory need not necessarily incorporate all the territory over which a nation [...]...
96. Dillon Round A series of multinational trade discussions conducted during 1960-1962 under the sponsorship of the general agreement of tariffs and Trade (read this and related legal terms for further details). The principal result of ......
97. 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 [...]...
98. Exonerated Cargo Otherwise dutiable merchandise permitted duty-free entry into certain countries in furtherance of a defined governmental policy. Usually such imports are raw materials or unfinished articles not locally available but deemed essential to local industry. The exonerations are, effectively, [...]...
99. Export Processing Zone Summary of Export Processing Zone A special type of Foreign Trade Zone (read this and related legal terms for further details) within which certain exemptions from duties, taxes, and regulations are granted as an inducement to export-oriented manufacturing. Customarily a manufacturer within [...]...
100. Export Quota Agreement An arrangement arising under an international commodity agreement whereby each participating exporting nation is allocated a portion of the market. Participating importing nations agree to limit imports from nonmember nations. The object of the system is to maintain price stability, thus [...]...
101. 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 [...]...
102. Industrial Property Summary of Industrial Property Intangible property such as patents and trademarks.(Main Author: William J. Miller) Spanish Translation of industrial property This is the legal translation of English to Spanish in relation to industrial property and / or a definition of this [...]...
103. Kyoto Convention An international agreement, sponsored by the Customs cooperation Council (read this and related legal terms for further details), the object of which is to harmonize the methods and procedures of national customs authori......
104. 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 [...]...
105. Service Supply License A validated export license issued by the U.S. government to a U.S. or foreign firm authorizing the export of spare and replacement parts to controlled purchasers abroad who originally purchased American equipment under license.......
106. Technical Data Information that can be transferred to overseas users only in accordance with export control regulations. The Office of Export Administration regulations (Part 379) define technical data as: Information of any kind that can be used, or adopted for use, in the design, production, manufacture, [...]...
107. Third World Summary of Third World That group of less developed and developing nations not included in the political camps of either the Western industrialized states or the communist bloc. Most nations in Latin America, Africa, and Asia fall into this category. The term is commonly applied to nations [...]...
108. Tied Loan A loan to a foreign nation or firm that requires the proceeds of the loan to be spent only in the creditor nation. Such an arrangement stimulates the economy of the country making the loan. The debtor nation, however, because it is constrained in spending the funds, may encounter higher prices [...]...
109. Tokyo Declaration The pronouncement of a 1973 gathering in Tokyo of foreign, finance, and trade ministers of the major industrial nations, meeting to discuss economic and trade problems. The joint communique issued by the ministers called for increased trade through the elimination of tariff and nontariff [...]...
110. Torquay Round Detais can be found in General Agreement on Tariffs and Trade).......
111. Trade Opportunities Program An export promotion service of the U.S. Department of Commerce, International Trade Administration. U.S. firms interested in marketing abroad may list their products with the International Trade Administration; this data will be retained in IT A computers and matched with inquiries received by [...]...
112. Treaty of Rome Treaty Of Rome Summary of Treaty Of Rome The document, signed at Rome in 1957 (effective January 1, 1958), by which the six founding states established the European Economic Community (read this and related legal terms for further details). (Main Author: William J. Miller) The Treaty of [...]...
113. Trigger Price Mechanism A program of import surveillance instituted by the U.S. government in 1977. Under this scheme, a floor price is established for designated import items; this floor is predicated upon the production cost of the most efficient foreign producer, with adjustments for freight and currency [...]...
114. National Treatment History of Commercial Treaties National Treatment The attainment of national treatment through treaty was strengthened in the 13th century. Venice, an Italian city-state that traded chiefly with Central and East Asia, exacted by treaty from the sultan of _alab (Aleppo) the right to have its [...]...
115. Tariff Other Popular Tax Definitions in the World Legal Encyclopedia Adjusted Gross Income (sometimes, including Tariff) Ad Valorem Tax (sometimes, including Tariff) Alternative Minimum Tax (sometimes, including Tariff) Big Four (audit firms) (sometimes, including Tariff) Black Market (sometimes, [...]...
116. Injury Accident and Injury ......
117. Ad Referendum Definition of Ad ReferendumIn accordance with the work A Dictionary of Law, this is a description of Ad Referendum : (Latin: to be further considered) Denoting a contract that has been signed although minor points remain to be decided....
118. Consensus The Legal History of Ijm_ (Consensus of Jurists) This section provides an overview of Ijm_ (Consensus of Jurists) Consensus in Election Law Method of decision making in which all stakeholders participate and attempt to align their positions. Consensus is not unanimity on a decision but rather [...]...
119. Obligations The Legal History of ObligationsThis section provides an overview of Obligations ResourcesSee AlsoLegal Biography Legal Traditions Historical Laws History of Law Further Reading Obligations in the Oxford International Encyclopedia of Legal History (Oxford University Press) The Oxford [...]...
120. Unfair Trade Practices Unfair Trade Practices and the Laws of International Trade Executive review of unfair trade practices: Background Unfair Trade and Import Competition Regulation Procedure: Initiation of investigation The investigation Monitoring Recent developments The escape clause: [...]...