Acceptable Level Of Risk

Acceptable level of risk in Global Commerce Policy

In this regard, acceptable level of risk is: defined in the WTO Agreement on the Application of Sanitary and Phytosanitary Measures as “the level of protection deemed appropriate by the Member establishing a sanitary or phytosanitary measure to protect human, animal or plant life or health within its territory . This concept is also known as the appropriate level of sanitary or phytosanitary protection . See also sanitary and phytosanitary measures.[1]

Acceptable level of riskin the wold Encyclopedia

For an introductory overview on international trade policy, see this entry.

Resources

Notes and References

1. Dictionary of Trade Policy, “Acceptable level of risk” entry (OAS)

See Also