International Trade

International Political Economy Trends: International Trade Introduction to International Trade In the 21st century, international trade has grown to 20 percent of the world's total production of goods and services-around $6.5 trillion per year. This volume of trade is almost seven times […]

Certificate of Origin

A document presented to customs authorities at the time of importation to authenticate the national origin of merchandise. The certificate is customarily issued by a recognized chamber of commerce or governmental authority in the country of origin….

Bilateral Agreement

In general, any treaty, protocol, or understanding between two nations. The term has particular application in the area of commercial air transportation, where a bilateral agreement is an understanding between two countries permitting the commercial aircraft of one nation to land in and carry […]

Know-how

Technical expertise that a firm has acquired through its operations and to which it has proprietary rights, whether the knowledge is patented or not. This expertise may consist of blueprints, plans, and manuals, as well as technical assistance….

Delivery

Summary of Delivery

The act whereby the owner of a vessel gives operational control over to the charterer.

(Main Author: William J. Miller)

In the United States For information about Delivery in the context of international trade, click here Delivery in International Trade Meaning […]

Sugar

Resources See Also Farming Farm Bill Agricultural Law Agriculture Reform Agriculture

Dispute Settlement Body

Hierarchical Display of Dispute Settlement Body International Organisations > World organisations > World organisation > World Trade Organisation
Trade > International trade > Trade relations > Trade dispute
Trade > Trade policy > Commercial law > Commercial arbitration
Trade > […]

International Monetary Fund

International Monetary Fund Outline The UN Monetary and Financial Conference met in Bretton Woods, New Hampshire, United States, from 1 to 20 July 1944. The Bretton Woods Agreement announced the establishment of the International Monetary Fund (IMF) and the International Bank for […]

Standardisation

Hierarchical Display of Standardisation Production, Technology And Research > Technology and technical regulations > Technical regulations
Trade > International trade > Trade restriction > Non-tariff barrier > Technical barrier
International Relations > Cooperation policy > Cooperation […]

Dumping

Dumping in International Trade Meaning of Dumping, according to the Dictionary of International Trade (Global Negotiator): The practice of selling a product in a foreign market at an unfairly low price (a price that is lower than the cost in the home market, or which is lower than the cost of […]

Patent

Summary of Patent

A grant issued by a governmental authority to an inventor permitting, for a fixed number of years, an exclusive right to the invention. The grant includes the prerogative of preventing others from making, using, or selling the invention covered. Through various […]

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 : […]

Regionalism

Embracing mainstream international law, this section on regionalism explores the context, history and effect of the area of the law covered here. Regionalism and Europe There is an entry on regionalism in the European legal encyclopedia. Resources See Also Further Reading Entry […]

State Aid

Resources See Also Social Security Financing Social Insurance Social Security System

Foreign Currency

Foreign Currency in International Trade Meaning of Foreign Currency, according to the Dictionary of International Trade (Global Negotiator): The currency of any foreign country which is authorized medium of circulation and the basis for record keeping in that country. Foreign currency is […]

Export Subsidy

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 […]

Gats

Gats in International Trade Meaning of Gats, according to the Dictionary of International Trade (Global Negotiator): The General Agreement on Trade Services is a World Trade Organization agreement that is the first multilateral agreement provide legally enforceable rules covering all […]

Profit

The Legal History of Profit in Islamic Law This section provides an overview of Profit in Islamic Law Profit in International Trade Meaning of Profit, according to the Dictionary of International Trade (Global Negotiator): The financial gain resulting from selling goods or services at a price […]

Third Country

Third country and the Treaties of the European Union Description of Third country provided by the European Union Commission: Any country that is not a Member State of the EU. Resources See Also Popular Treaties Topics Treaties of the United Nations (UN) Types of Treaties International […]

International Agreement

International Agreement in International Trade Meaning of International Agreement, according to the Dictionary of International Trade (Global Negotiator): A broad term for legally binding arrangements covered by international law between or among countries. Such arrangements are variously […]

Trade Union Freedom

Hierarchical Display of Trade union freedom Law > Rights and freedoms > Social rights
Employment And Working Conditions > Labour law and labour relations > Labour relations > Social partners > Trade union
Trade > International trade > International trade > Social clause Trade union […]

Non-tariff Barrier

Hierarchical Display of Non-tariff barrier Trade > International trade > Trade restriction
Economics > Economic policy > Economic support > State aid
Trade > Trade policy > Public contract
European Union > European Union law > EU legal system > EU law – national law > Mutual […]

Quantitative Restriction

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 […]

Liberalisation of the Market

Hierarchical Display of Liberalisation of the market Trade > Trade policy > Trade policy
Economics > Economic policy > Economic policy > Deregulation
Transport > Air and space transport > Air transport > Airline > Low cost airline
Trade > International trade > International trade > […]

Monopoly

Summary of Monopoly The condition in which a given product or service can be obtained only from a single supplier that is free to use its market position to exact excessive prices for the product or service it controls. The Sherman Act of 1890 makes monopolies and attempts to monopolize […]

Civil Law

Introduction to Civil Law "Civil Law, term applied to a legal tradition originating in ancient Rome and to the contemporary legal systems based on this tradition. Modern civil law systems, which were originally developed in Western European countries, have spread throughout the world. […]

Price Stability

Hierarchical Display of Price stability Finance > Prices > Prices policy
Trade > International trade > Trade relations > Commodity agreement
Economics > Economic policy > Economic policy > Economic convergence > Convergence criteria
Trade > Trade policy > Trade policy > Market […]

Outsourcing

Outsourcing in the International Trade Union Rights Area Definition of Outsourcing provided by ITUC-CSI-IGB: See contracting-out Outsourcing in International Trade Meaning of Outsourcing, according to the Dictionary of International Trade (Global Negotiator): Outsourcing, is the process of […]

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 […]

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 […]

Joint Venture

Summary of Joint Venture

A business enterprise with more than one equity participant; for example, an agreement between a German firm and a U.S. firm to capitalize jointly a new factory in Venezuela. Many countries impose restrictions on joint ventures; these restrictions may take the form […]

Marketing Restriction

Hierarchical Display of Marketing restriction Business And Competition > Competition > Restrictive trade practice > Vertical agreement
Trade > Marketing > Marketing
Business And Competition > Competition > Restriction on competition > Refusal to sell
Trade > International trade > […]

Veterinary Legislation

Hierarchical Display of Veterinary legislation Agriculture, Forestry And Fisheries > Agricultural policy > Agricultural policy
Social Questions > Health > Nutrition > Foodstuffs legislation
Agriculture, Forestry And Fisheries > Agricultural activity > Animal health > Animal […]

Common Commercial Policy

Common commercial policy and the Treaties of the European Union Description of Common commercial policy provided by the European Union Commission: The Community has exclusive responsibility for the common commercial policy (Article 133 of the EC Treaty, formerly Article 113). Under the policy […]