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 barriers.

Related Entries of Market Access in the Encyclopedia of Law Project

Browse or run a search for Market Access in the American Encyclopedia of Law, the Asian Encyclopedia of Law, the European Encyclopedia of Law, the UK Encyclopedia of Law or the Latin American and Spanish Encyclopedia of Law.

Market Access in Historical Law

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Legal Abbreviations and Acronyms

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Market Access in the Dictionary Market Access in our legal dictionaries
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Related topics Market Access in the World Encyclopedia of Law

What is Market Access?

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Legal English Vocabulary: Market Access in Spanish

Online translation of the English legal term market access into Spanish: acceso al mercado (English to Spanish translation) . More about legal dictionary from english to spanish online.

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Market access in Global Commerce Policy

In this regard, market access is: one of the basic concepts in international trade. The entries on trade policy are here. It describes the extent to which a good or a service can compete with locally-made products in another market. The entries on trade policy are here. In the WTO framework it as a legalistic term outlining the government-imposed conditions under which a product may enter a country under non-discriminatory conditions. Market access in the WTO sense is expressed through border measures, i.e. tariffs and non- tariff measures, in the case of goods, and regulations inside the market in the case of services. Traditionally, multilateral trade policy has sought to make market access predictable and, preferably, to make it more liberal. This is done through the reduction of tariffs and “binding” them at the lower level. The entries on trade policy are here. A binding is a contractual obligation not to raise the tariff above the levels specified in the schedules of concessions. The removal of market access impediments in the form of non-tariff measures is more complex since some of them may escape precise legal definition. The rapid growth of trade in services and the process of globalization have drawn attention to market access impediments inside the border. The entries on trade policy in the Encyclopedia are here. Of the WTO agreements, the GATS has gone furthest in seeking to deal with trade-restrictive regulatory measures, but other instruments, such as the Agreement on Subsidies and Countervailing Measures have also extended the reach of trade rules into the domestic domain. The coverage of these rules is, however, patchy, and there are calls for the insertion of competition policy into the WTO system. The entries on trade policy are here. In competition frameworks, market access is described as the ability to compete effectively in a market. The entries on trade policy are here. Its aim is the regulation or removal of anti-competitive private conduct and regulation. The entries on trade policy are here. A merging of these two market access concepts, if it turned out to be feasible, could make a powerful contribution to the furthering of the international contestability of markets. The entries on trade policy are here. Access for foreign direct investment can also influence market access. The entries on trade policy in the Encyclopedia are here. One school of thought holds that market access is too limiting a concept, and that it should be replaced by the more embracing concept of market presence. See also equality of competitive opportunity, market access for agriculture, market access for services, national treatment and most- favoured-nation treatment.[1]

Market accessin the wold Encyclopedia

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

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Notes and References

  1. Dictionary of Trade Policy, “Market access” entry (OAS)

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See Also

  • Trade
  • Market
  • White Market
  • Financial Market
  • Trade Law
  • Competition Law

Hierarchical Display of Market access

Trade > Trade policy > Trade policy

Meaning of Market access

Overview and more information about Market access

For a more comprehensive understanding of Market access, see in the general part of the online platform.[rtbs name=”xxx-xxx”]

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Translation of Market access

Thesaurus of Market access

Trade > Trade policy > Trade policy > Market access

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