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, quantitative restrictions and other non- tariff measures. The aim of managed trade in these cases always is to protect domestic industry for one reason or another. More modern versions of managed trade seek not to restrict access, but to increase exports through numerical targets, usually at the expense of third-country exporters. Some commentators also consider trade between units of multinational enterprises as managed trade. See also fair trade, grey-area measures, Multi-Fibre Arrangement and voluntary import expansion.[1]

Managed tradein the wold Encyclopedia

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

Resources

Notes and References

1. Dictionary of Trade Policy, “Managed trade” entry (OAS)

See Also