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 […]
Introduction The U.S. case Marbury v. Madison (1803) held that the power of a court to decide what is the meaning of the American Constitution was implicit in an independent judiciary. This power of judicial review in the U.S. was a unique feature of the U.S. constitutionalism well into the […]
Framework Agreement and the GATT Policy Negotiations In relation to the GATT Policy Negotiations, Christopher Mark (1993) provided the following explanation and/or definition of Framework Agreement: A package of agreements negotiated during the Tokyo Round, dealing with (a) differential and […]
For information about the Swiss law and legal research materials, see: The summary of Swiss law is published in the Martindale-Hubbell Law Digest for Switzerland; The Swiss Legal System and Research by Gregory M. Bovey; Introduction to the Swiss Legal System: A Guide for Foreign […]
Common agricultural policy (CAP) and the Treaties of the European Union Description of Common agricultural policy (CAP) provided by the European Union Commission: The common agricultural policy is a matter reserved exclusively for the Community. Under Article 33 of the Treaty establishing the […]
Central and East European Countries (CEECs) and the GATT Policy Negotiations In relation to the GATT Policy Negotiations, Christopher Mark (1993) provided the following explanation and/or definition of Central and East European Countries (CEECs): Includes Albania, Bulgaria, the Czech Republic, […]
Summary of Export Subsidy
A direct payment, tax relief, or other incentive provided by a government to encourage export sales. The use of such devices is apt to be regarded as undesirable by the importing nation and may result in the imposition of Countervailing Duties (read this legal term […]
TRIMS and International Trade Resources See Also trade related investment measures
A limitation on the quantity of a given commodity that may be imported into a country during a specified period of time. A quantitative restriction is manifested as a Quota ("https://lawin.org/list-of-international-trade-law-terms/">read this and related legal terms for further […]
Dynamic Asian Economies (DAEs) and the GATT Policy Negotiations In relation to the GATT Policy Negotiations, Christopher Mark (1993) provided the following explanation and/or definition of Dynamic Asian Economies (DAEs): In recent OECD discussions and publications, this term has been used to […]
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 […]
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 […]
Summary of Customs Union
An arrangement among participating countries whereby tariffs are eliminated or virtually eliminated on products moving between members, and a common external tariff (read this and related legal terms for further details) is adopted to provide uniform treatment to […]
Introduction to Copyright Copyright, branch of law granting authors the exclusive privilege to reproduce, distribute, perform, or display their creative works. The goal of copyright law is to encourage authors to invest effort in creating new works of art and literature. Copyright is one […]
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 […]
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 […]
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 …
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 […]
Observer and the GATT Policy Negotiations In relation to the GATT Policy Negotiations, Christopher Mark (1993) provided the following explanation and/or definition of Observer: An observer to the GATT is a country or international organization that has been authorized by the GATT Council (Sec. […]
Introduction to Lome Convention Lomé Convention, trade and aid agreement between the European Union (EU) and 70 African, Caribbean, and Pacific (ACP) countries, first signed in February 1975 in Lomé, Togo. The Lomé Convention provided a framework of cooperation between […]
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 …
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 […]
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) […]
The seventh, and latest, round of multilateral trade negotiations sponsored by the General Agreement on Tariffs and Trade (read about the GATT for further details). Running from 1973 to 1979, the Tokyo Round resulted in…
Detais can be found in General Agreement on Tariffs and Trade)….
For importers, the process of estimating the value of a product at customs presents problems that can be just as serious as the actual duty rate charged. The WTO agreement on customs valuation aims for a fair, uniform and neutral system for the valuation of goods for customs purposes — a system that conforms to commercial realities, and which outlaws the use of arbitrary or fictitious customs values. The Committee on Customs Valuation of the Council for Trade in Goods (CGT) carries out work in the WTO on customs valuation.
Uruguay Round and the GATT Policy Negotiations In relation to the GATT Policy Negotiations, Christopher Mark (1993) provided the following explanation and/or definition of Uruguay Round: The eighth GAIT Round, launched in 1986 with 105 countries participating, and extended in December 1990 […]
Hierarchical Display of Public contract Trade > Trade policy
Trade > International trade > Trade restriction > Non-tariff barrier
Finance > Public finance and budget policy > Public finance
Trade > International trade > Trade relations > Trade agreement > GATT > Free movement of […]
Acp Countries Summary of Acp Countries
An acronym for African- Caribbean-Pacific countries. The term originated in conjunction with the LOME CONVENTIONS (read this and related legal terms for further details).
(Main Author: William J. Miller)
ACP (African, Caribbean, and Pacific) […]
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 […]
Countervailing Charge and the GATT Policy Negotiations In relation to the GATT Policy Negotiations, Christopher Mark (1993) provided the following explanation and/or definition of Countervailing Charge: A charge in addition to normal import duties that may be imposed under the European […]
Crime Detection Surveillance Introduction to Surveillance One of the oldest ways of detecting criminal activity is through surveillance. This method is used when it is likely that a crime will take place at a specific location or when certain persons are suspected of criminal activit…
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 […]
Voluntary Restraint Agreement (VRA) and the GATT Policy Negotiations In relation to the GATT Policy Negotiations, Christopher Mark (1993) provided the following explanation and/or definition of Voluntary Restraint Agreement (VRA): An arrangement by which an exporting country takes steps […]
In the United States For information about Customs Tariff in the context of international trade, click here
Social Dumping and the GATT Policy Negotiations In relation to the GATT Policy Negotiations, Christopher Mark (1993) provided the following explanation and/or definition of Social Dumping: An unfair trade practice whereby an exporter achieves a cost advantage over its rivals in foreign markets […]
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 […]
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 […]
Commodity Agreement and the GATT Policy Negotiations In relation to the GATT Policy Negotiations, Christopher Mark (1993) provided the following explanation and/or definition of Commodity Agreement: A formal international arrangement among exporters and importers of a commodity. Such […]
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 […]
Rules of Origin and the GATT Policy Negotiations In relation to the GATT Policy Negotiations, Christopher Mark (1993) provided the following explanation and/or definition of Rules of Origin: The laws, regulations, and administrative practices that are applied to ascribe acountry of origin to […]
Summary of Embargo A suspension of trade between nations, usually for political reasons. The term embargo is also applied to a governmental edict prohibiting entry or departure from the nation's ports of vessels flying the flag of a particular country. In those cases where ports are closed […]
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 […]
Moral Rights and the GATT Policy Negotiations In relation to the GATT Policy Negotiations, Christopher Mark (1993) provided the following explanation and/or definition of Moral Rights: An artist's ability to control use of creative works such as books and films, even after relinquishing […]
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 […]
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 […]
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, […]
Nondiscrimination and the GATT Policy Negotiations In relation to the GATT Policy Negotiations, Christopher Mark (1993) provided the following explanation and/or definition of Nondiscrimination: Equal application of tariffs, quotas, or other trade restrictions to products from different […]
Summary of Discrimination Unequal treatment in the duties, quotas, or administrative controls accorded to the products of one or more nations. Generally speaking, any nation which does not enjoy most FAVORED NATION (read this and related legal terms for further details) status is the subject […]
Compulsory Licensing and the GATT Policy Negotiations In relation to the GATT Policy Negotiations, Christopher Mark (1993) provided the following explanation and/or definition of Compulsory Licensing: A term used in the context of intellectual property rights, primarily with regard to […]