Search results for: “Domestic industry”
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Industry Policy
Industry policy in Global Commerce Policy In this regard, industry policy is: in its wide meaning, this term refers to policies adopted by governments towards all industries or industrial development generally. The entries on trade policy are here. In its narrow meaning, it covers governmental […]
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Market Access
International Trade Meaning and Definition of Market Access Meaning of Market Access The extent to which a domestic industry can penetrate a related market in a foreign country. Access can be limited by tariffs or other non-trade […]
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Protectionism
Financial Definition of Protectionism Meaning of Protectionism Protecting domestic industry from import competition by means of tariffs, quotas, and other trade barriers. International Trade Meaning and […]
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Actionable Subsidies
Actionable subsidies in Global Commerce Policy In this regard, actionable subsidies is: a category of subsidies described in the WTO Agreement on Subsidies and Countervailing Measures. Subsidies may be actionable, and therefore illegal, if they cause injury to the domestic industry of another […]
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Actionable Subsidies
Actionable subsidies in Global Commerce Policy In this regard, actionable subsidies is: a category of subsidies described in the WTO Agreement on Subsidies and Countervailing Measures. Subsidies may be actionable, and therefore illegal, if they cause injury to the domestic industry of another […]
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Dumping
International Trade Meaning and Definition of Dumping Meaning of Dumping Exporting/Importing merchandise into a country below the costs incurred in production and shipment. Related Entries of Dumping in the […]
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Price Undertaking
Price undertaking in Global Commerce Policy In this regard, price undertaking is: an undertaking by an exporter to raise the export price of the product to avoid the possibility of an anti-dumping duty. The entries on trade policy are here. A price undertaking is not supposed to exceed the […]
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Price Undertaking
Price undertaking in Global Commerce Policy In this regard, price undertaking is: an undertaking by an exporter to raise the export price of the product to avoid the possibility of an anti-dumping duty. The entries on trade policy are here. A price undertaking is not supposed to exceed the […]
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Exporting Unemployment
Exporting unemployment in Global Commerce Policy In this regard, a definition of this issue is as follows: the woolly idea that domestic economic activity can be raised, and employment thereby increased, if the flow of imports is stemmed in some way. The entries on trade policy are here. In […]
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Anti-dumping Measures
Anti-dumping measures in Global Commerce Policy In this regard, anti-dumping measures is: Article VI of the GATT 1994 permits the imposition of anti-dumping duties against dumped goods, if dumping causes material injury to producers of competing products in the importing country. This is known […]
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Provisional Countervailing Duties
Provisional countervailing duties in Global Commerce Policy In this regard, provisional countervailing duties is: once a government has initiated an investigation concerning alleged subsidies applied by another WTO member, it may impose provisional countervailing measures. The three main […]
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Managed Trade
Managed trade in Global Commerce Policy In this regard, managed trade is: a type of international trade in which some sectors or products are not traded according to the demands of market forces. Means for this include voluntary restraint arrangements, orderly marketing arrangements, […]
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Persistent Dumping Clause
Persistent Dumping Clause in Global Commerce Policy In this regard, persistent dumping clause is: a provision in United States Tariff Act of 1930 which allows the Department of Commerce to initiate an anti-dumping investigation in the absence of a petition. This can be done if (a) more than […]
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Hard-core Waiver
Hard-core waiver in Global Commerce Policy In this regard, hard-core waiver is: a decision taken in the GATT in 1955 to allow members in certain cases to retain quantitative restrictions that had been maintained over several years because of persistent balance-of-payments difficulties. The […]
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Glacé Cherries
Glacé cherries in Global Commerce Policy In this regard, glacé cherries is: a case brought before the GATT in 1992 by the European Community against Australia. The Australian Anti-Dumping Authority (ADA) had imposed countervailing duties on glacé cherries imported from France and Italy. The […]