Tag: Canada
-
Conrad Black
Conrad Black Conrad Moffat Black, Canadian-born British peer, Baron Black of Crossharbour, media baron, industrialist, journalist, historian and author. The spectacular rise and fall of media mogul Conrad Black is the stuff of which legends are made. But perhaps even more remarkable is the largely successful legal battle he waged from behind bars, effectively discrediting…
-
Sterling Area
Following the Imperial Conference at London in 1931, at which the Commonwealth was established, most Commonwealth countries (excluding Canada) agreed informally to maintain a significant portion of their official reserves in sterling and to peg their currencies in relation to the pound. At different…
-
Shipper's Export Declaration
An official document that a U.S. exporter is obliged to submit to Federal authorities whenever merchandise is shipped from the United States to a foreign destination or certain offshore possessions. The primary authority for requiring the filing of the declaration is the Export Administration Act of…
-
Manufacturing Clause
A provision of U.S. copyright law which restricts importation of certain printed materials not manufactured in the United States. The manufacturing clause was incorporated into U.S. copyright law in 1891 as a means of preserving employment in the American printing industry; since that time, the law…
-
Light Money And Tonnage Taxes
Special duties applied to commercial vessels entering U.S. ports. The charges are collected as follows: Regular tonnage tax: imposed on all vessels, irrespective of nationality, at the rate of 2 cents per net ton (not to exceed 10 cents in any one year) for vessels entering the United States from a…
-
International Import Certificate/ Delivery Verification System
A control mechanism established by certain Western countries to prevent diversion of strategic commodities to communist-bloc countries. The system was devised by COCOM (read this and related legal terms for further details</…
-
International Airtransport Association
A nongovernmental industry organization of the world's scheduled airlines. Commonly known as I ATA, the group effectively sets standards and, in many cases, fares for international airline services. Among the many airline activities in which IATA plays a leading role are conferences to establish…
-
Industrial West
A group of seventeen industrialized democracies whose levels of trade with communist nations are monitored by the U.S. Department of Commerce as a measure of East-West trade. The nations comprising the group are:Austria JapanBelgium LuxembourgCanada Ne…
-
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 (<a href="http://lawin.org/list-of-internati…
-
Foreign Investment Review Act
An act of the Canadian Parliament directed toward protection of Canada's economy from domination by foreign direct and portfolio investment. The act is concerned with the establishment or takeover of Canadian businesses only; the acquisition of shares in Canadian firms, where such acquisition do…