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 conduct of international trade competition — as, for example, under the GATT –and let the market determine the outcome with minimal interference. In practice, some intervention by governments inevitably occurs, raising the question of whether this laissez-faireapproach should be made to work better or, as suggested by advocates of managed trade, should be abandoned.
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- Deindustrialization Deindustrialization and International Trade Economy In relation to international trade economy, Christopher Mark (1993) provided the following definition of Deindustrialization: A term denoting a negative impact of international competition on the overall size of a country's manufacturing [...]...
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- National Foreign Trade Council National Foreign Trade Council in relation with International Trade In the context of trade organizations, Christopher Mark (1993) provided the following definition of National Foreign Trade Council: An organization of US companies engaged in international trade and investment, based in [...]...
- Portfolio Investment A minority interest in a foreign venture from which income is derived in the form of dividends; normally such an interest does not convey any significant control over the management or operations of the foreign firm.......
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- F.A.S. F.A.S. and International Trade Economy In relation to international trade economy, Christopher Mark (1993) provided the following definition of F.A.S.: An abbreviation (for "free alongside") used in international trade statistics and t sales contracts; a method of valuing traded [...]...
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- Industrial Targeting Industrial Targeting and International Trade Economy In relation to international trade economy, Christopher Mark (1993) provided the following definition of Industrial Targeting: Selection by a government of industries deemed imponant to the evolution of the economy, and encouraging their [...]...
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- Baltic Free Trade Area Baltic Free Trade Area in relation with International Trade In the context of trade organizations, Christopher Mark (1993) provided the following definition of Baltic Free Trade Area: A prospective free trade area linking Estonia, Latvia, and Lithuania. Objectives include elimination of [...]...
- C.I.F. C.I.F. and International Trade Economy In relation to international trade economy, Christopher Mark (1993) provided the following definition of C.I.F.: An abbreviation (for "costs, insurance, and freight") used in international trade statistics and sales contracts. Transactions on [...]...
- Agglomeration Economies of Agglomeration and International Trade Economy In relation to international trade economy, Christopher Mark (1993) provided the following definition of Economies of Agglomeration: Cost savings that occur when industrial flm1s are located in close proximity to each other and are [...]...
- Screwdriver Assembly Screwdriver Assembly and International Trade Economy In relation to international trade economy, Christopher Mark (1993) provided the following definition of Screwdriver Assembly: The export of components to manufacturing subsidiaries or...
- Cross-subsidization Cross-subsidization and International Trade Economy In relation to international trade economy, Christopher Mark (1993) provided the following definition of Cross-subsidization: The use of financial resources accumulated by a multinational f1rn1 in one part of the world to fight a competitive [...]...
- Trade-Related Aspects of Intellectual Property Protection Trade-Related Aspects of Intellectual Property Protection (TRIPs) and the GATT Policy Negotiations In relation to the GATT Policy Negotiations, Christopher Mark (1993) provided the following explanation and/or definition of Trade-Related Aspects of Intellectual Property Protection (TRIPs): [...]...
- F.O.B. F.O.B. and International Trade Economy In relation to international trade economy, Christopher Mark (1993) provided the following definition of F.O.B.: An abbreviation (for "free on board") used in international trade statistics and sales contracts; a method of valuing traded goods [...]...
- Rent-Seeking Rent-Seeking and International Trade Economy In relation to international trade economy, Christopher Mark (1993) provided the following definition of Rent-Seeking: In international trade contexts, refers to the economically unproductive practice of individuals, firms, and industries investing [...]...
- Structural Adjustment Policies Structural Adjustment Policies and International Trade Economy In relation to international trade economy, Christopher Mark (1993) provided the following definition of Structural Adjustment Policies: Measures --such as worker re-training and placement, capital formation, and R&D support [...]...
- Deadweight Loss Deadweight Loss and International Trade Economy In relation to international trade economy, Christopher Mark (1993) provided the following definition of Deadweight Loss: The net cost to society due to market imperfections or government interventions such as trade restrictions --i.e., losses by [...]...
- National Trade Estimate National Trade Estimate (NTE) Report and the GATT Policy Negotiations In relation to the GATT Policy Negotiations, Christopher Mark (1993) provided the following explanation and/or definition of National Trade Estimate (NTE) Report: A report on significant foreign trade barriers published in [...]...
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- Forfeiting Forfeiting and International Trade Economy In relation to international trade economy, Christopher Mark (1993) provided the following definition of Forfeiting: A means of financing foreign trade based upon the transfer of debt obligations arising from the sale of goods and services, usually exports....
- Strategic Partnerships Strategic Partnerships and International Trade Economy In relation to international trade economy, Christopher Mark (1993) provided the following definition of Strategic Partnerships: A type of cooperative strategy in which corporate alliances are made between organizations --including between [...]...
- Liner Conference Liner Conference and International Trade Economy In relation to international trade economy, Christopher Mark (1993) provided the following definition of Liner Conference: In maritime transport, a group of shipping companies that jointly ..determine freight charges, sailing frequencies, and [...]...
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- Tying Contract Tying Contract and International Trade Economy In relation to international trade economy, Christopher Mark (1993) provided the following definition of Tying Contract: (Also known as a tie-in contract or bundling.) A restraint of trade ~ arrangement by which a product can be purchased only [...]...
- Airbus Airbus and International Trade Economy In relation to international trade economy, Christopher Mark (1993) provided the following definition of Airbus: Refers to commercial aircraft produced by Airbus Industry, a government- backed consortium comprising Aerospatiale (France), Daimler [...]...
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- Export Platforms Export Platforms and International Trade Economy In relation to international trade economy, Christopher Mark (1993) provided the following definition of Export Platforms: Refers to countries such as Mexico, Taiwan, Singapore, Malaysia, and South Korea that established incentive programs [...]...
- Economic Rent Economic Rent and International Trade Economy In relation to international trade economy, Christopher Mark (1993) provided the following definition of Economic Rent: The gain to a producer or resource owner resulting from a trade barrier or other restriction of supply that leads to a higher [...]...
- Competitive Advantage Competitive Advantage and International Trade Economy In relation to international trade economy, Christopher Mark (1993) provided the following definition of Competitive Advantage: (Not the same as comparative advantage.) A market position established either by providing comparable buyer [...]...
- Futures Contract Futures Contract and International Trade Economy In relation to international trade economy, Christopher Mark (1993) provided the following definition of Futures Contract: A contract for goods, foreign exchange, or financial assets to be delivered at a certain future date on terms and at [...]...
- Short-Term Capital Short-Term Capital Transactions and International Trade Economy In relation to international trade economy, Christopher Mark (1993) provided the following definition of Short-Term Capital Transactions: An element of a country's balance of payments that reflects loans granted to or received [...]...
- Dual-Use Dual-Use Goods (or Technology) and International Trade Economy In relation to international trade economy, Christopher Mark (1993) provided the following definition of Dual-Use Goods (or Technology): Refers to products or the technology embodied in those products that are intended primarily [...]...
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- Competitive Policies and Practices Competitive Policies and Practices and International Trade Economy In relation to international trade economy, Christopher Mark (1993) provided the following definition of Competitive Policies and Practices: Actions by governments or firms to affect their competitive performance in [...]...
- Structural Change Structural Change and International Trade Economy In relation to international trade economy, Christopher Mark (1993) provided the following definition of Structural Change: Changes in the relative importance of different sectors of an economy over time, usually measured in terms of their [...]...
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- Economic Vulnerability Economic Vulnerability and International Trade Economy In relation to international trade economy, Christopher Mark (1993) provided the following definition of Economic Vulnerability: In the context of trade relations, the proportion of a country's GNP accounted for by exports and imports [...]...
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- Entente Literally, "an agreement." In political usage, an understanding among governments as represented by accords on important areas. Commercially, the term is used on the Continent as a synonym for a cartel.......
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- Competitive Competitive and International Trade Economy In relation to international trade economy, Christopher Mark (1993) provided the following definition of Competitive: As applied to internationally traded goods, refers to a country's or a firm's products being preferred by a significant [...]...
- Andean Trade Preferences Arrangement Andean Trade Preferences Arrangement (ATPA) and the GATT Policy Negotiations In relation to the GATT Policy Negotiations, Christopher Mark (1993) provided the following explanation and/or definition of Andean Trade Preferences Arrangement (ATPA): A non-reciprocal preferential [...]...
- Trade Barriers Standards-Related Activity and the GATT Policy Negotiations In relation to the GATT Policy Negotiations, Christopher Mark (1993) provided the following explanation and/or definition of Standards-Related Activity: An activity undertaken in conjunction with administration or enforcement of [...]...
- Specific Limitations on Trade Specific Limitations on Trade and the GATT Policy Negotiations In relation to the GATT Policy Negotiations, Christopher Mark (1993) provided the following explanation and/or definition of Specific Limitations on Trade: Measures that limit imports or exports of a product during a specified [...]...
- East- West Trade A general reference to trade between the industrial nations of the West, particularly those nations that are members of the Organization for Economic Cooperation and Development ("https://lawin.org/list-of-international-trade-law-terms/">read this and related legal terms for [...]...
- Invisibles Synonymous with Invisible Exports And Imports (read this and related legal terms for further details).......
- Court of International Trade Court of International Trade in relation with International Trade In the context of trade organizations, Christopher Mark (1993) provided the following definition of Court of International Trade: A US Federal Court (formerly the Court of Tariff Appeals) that hears appeals from proceedings [...]...
- Economies of Scope Economies of Scope and International Trade Economy In relation to international trade economy, Christopher Mark (1993) provided the following definition of Economies of Scope: Cost savings that occur when reductions in average total costs can be achieved by increasing the number of distinct [...]...
- 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: [...]...
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- Environmental Trade Measures Environmental Trade Measures and the GATT Policy Negotiations In relation to the GATT Policy Negotiations, Christopher Mark (1993) provided the following explanation and/or definition of Environmental Trade Measures: Trade measures applied by importing or exporting countries in conjunction [...]...
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- Defense Policy Advisory Committee on Trade Defense Policy Advisory Committee on Trade (DPACT) in relation with International Trade In the context of trade organizations, Christopher Mark (1993) provided the following definition of Defense Policy Advisory Committee on Trade (DPACT): A policy-Ievel committee that funds part of the [...]...
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- Advisory Committee on Trade Policy and Negotiations Advisory Committee on Trade Policy and Negotiations (ACTPN) in relation with International Trade In the context of trade organizations, Christopher Mark (1993) provided the following definition of Advisory Committee on Trade Policy and Negotiations (ACTPN): The highest-level group in the [...]...
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- Rules of International Law Embracing mainstream international law, this section on rules of international law explores the context, history and effect of the area of the law covered here. Resources Further Reading The entry "rules of international law" in the Parry and Grant Encyclopaedic Dictionary of [...]...
- Rules on the Laws of War Embracing mainstream international law, this section on rules on the laws of war explores the context, history and effect of the area of the law covered here. Resources Further Reading The entry "war, rules on, laws of" in the Parry and Grant Encyclopaedic Dictionary of [...]...
- Rules on Subsidies This section provides an overview of rules on subsidies within the legal context of Trade Remedies and Countervailing Duties in international economic law (Main Regulatory Areas). Resources Further Reading Luca Rubini, "Rules on Subsidies," Elgar Encyclopedia of International [...]...
- Rules of Evidence Introduction This entry provides an overview of the legal framework of rules of evidence, with a description of the most significant features of rules of evidence at international level. Related Work and Conclusions Resources See Also References (Papers) Why New Hampshire Must Update Rape [...]...
- Rules for Foreign Direct Investment at the Wto Rules for Foreign Direct Investment at the WTO: Building on Regional Trade Agreements and the World Trade Organization Rules for Foreign Direct Investment at the WTO: Building on Regional Trade Agreements in relation to the World Trade Organization (WTO) covers several issues....
- Rules Relating to Intellectual Property This section provides an overview of rules relating to intellectual property within the legal context of Impact of Domestic Regulation on Trade in Goods, Services and on Investment in international economic law, with coverage of Domestic Regulation (Behind the Borders) (Main Regulatory Areas)....
- Property Rules, Liability Rules, and Inalienability: One View of the Cathedral 2 Contents Property Rules, Liability Rules, and Inalienability: One View of the Cathedral Whenever someone may destroy the initial entitlement ... Read more...
- 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 [...]...
- Restraint of Trade Combinations, contracts, agreements, or arrangements, either oral or written, designed to effect a monopoly, impede competition, fix prices, retard entry into the field, or otherwise obstruct trade that would otherwise occur if left to natural economic forces. Acts in restraint of trade are [...]...
- Trade Barrier Summary of Trade Barrier Constraints upon the exchange of goods among nations imposed by governments; such constraints are manifested in the form of tariffs, quotas, exchange controls, and a variety of so-called nontariff barriers. Barriers usually arise to protect domestic industries, [...]...
- Trade Creation The substitution of lower- cost foreign goods for higher-cost domestic manufactures.......
- Trade Diversion The shift in purchases from sources outside a free-trade area (within which tariffs have been eliminated) to a union member, even though the cost of purchasing outside the union (before duty) is less than procuring from within. The absence of duty among members of the free- trade area more than [...]...
- Trade Secret Trade Secret and International Trade Economy In relation to international trade economy, Christopher Mark (1993) provided the following definition of Trade Secret: A form of industrial property (Sec. I). Refers to a non-patented process, mechanism, or formula, known only to its owner, that [...]...
- International Trade Patterns Ricardian Model and International Trade Economy In relation to international trade economy, Christopher Mark (1993) provided the following definition of Ricardian Model: A theory for explaining international trade patterns in terms of technological differences among countries and resulting [...]...
- Managed Trade Managed Trade and International Trade Economy In relation to international trade economy, Christopher Mark (1993) provided the following definition of Managed Trade: A trade policy approach that denies the practicability of traditional "laissez-faire" approaches to trade, and instead [...]...
- Technology Policy Technology Policy and International Trade Economy In relation to international trade economy, Christopher Mark (1993) provided the following definition of Technology Policy: Government measures or programs to promote innovation and adoption of new technologies in key industries. Such tools [...]...
- Intra-Industry Trade Inter-Industry and Intra-Industry Trade and International Trade Economy In relation to international trade economy, Christopher Mark (1993) provided the following definition of Inter-Industry and Intra-Industry Trade: Inter-industry trade involves exchanges between countries that link [...]...