Administrative Guidance

Administrative guidance in Global Commerce Policy

In this regard, a definition of this issue is as follows: the practice of influencing the activities of an industry by government ministries through through formal or informal measures. Guidance may simply consist of advice on how to interpret a government act or decision. The entries on trade policy are here. It may also be a method of enforcing, for example, voluntary export restraints through the publication of indicative production and export forecasts. The entries on trade policy are here. Industries are then supposed to work out among themselves how to divide the export cake. The entries on trade policy are here. Administrative guidance of the second kind probably works best in countries where the enforcement of competition policy is weak.[1]

Administrative guidancein the wold Encyclopedia

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

Resources

Notes and References

1. Dictionary of Trade Policy, “Administrative guidance” entry (OAS)

See Also