Legal Dictionary

Search results for: “trade barriers”

  • Trade Creation

    Trade creation in Global Commerce Policy In this regard, trade creation is: a criterion used for the assessment of the impact of free- trade areas and customs unions on others. Trade theory holds that the reduction or elimination of barriers to trade will lead to increased trade between […]

  • Preferential Trade Arrangements

    Preferential trade arrangements in Global Commerce Policy In this regard, a definition of this issue is as follows: these are trade arrangements under which a party agrees, either unilaterally or as a result of negotiations, to accord one or more other parties preferential treatment in trade […]

  • 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 […]

  • International Monetary Fund 

    Definition of International Monetary Fund (IMF) In relation to social issues, a meaning of international monetary fund (imf) is provided here: an organization set up to lower trade barriers between countries and to stabilize currencies, often by lending money to developing nations.

  • Negotiating Rights

    Negotiating rights in Global Commerce Policy In this regard, negotiating rights is: one of the purposes of the WTO is to act as a forum for the reduction and elimination of trade barriers. This is done through negotiations, but the right to engage in them is subject to certain rules. The bulk […]

  • 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 […]

  • Part IV Of The GATT

    Part IV of the GATT in Global Commerce Policy In this regard, part iv of the gatt is: a protocol to the GATT which had its origin in the Kennedy Round and entered into force on 27 June 1966. The entries on trade policy are here. It added Articles XXXVI to XXXVIII to the GATT.…

  • Part IV Of The GATT

    Part IV of the GATT in Global Commerce Policy In this regard, part iv of the gatt is: a protocol to the GATT which had its origin in the Kennedy Round and entered into force on 27 June 1966. The entries on trade policy are here. It added Articles XXXVI to XXXVIII to the GATT.…

  • Parties

    Hello Hello Legal Definition and Related Resources of Parties Meaning of Parties Those named in an action either as plaintiffs or defendants, petitioners or respondents; those who take part or are directly interested in any affair, contract or […]

  • Building-block Approach

    Building-block approach in Global Commerce Policy In this regard, building-block approach is: first, building blocks may be the elements ultimately making up a free-trade agreement. Some easy elements, such as trade facilitation activities, might be tackled first as confidence-building […]

  • Building-block Approach

    Building-block approach in Global Commerce Policy In this regard, building-block approach is: first, building blocks may be the elements ultimately making up a free-trade agreement. Some easy elements, such as trade facilitation activities, might be tackled first as confidence-building […]

  • Section 301

    Section 301 in Global Commerce Policy In this regard, a definition of this issue is as follows: the section so numbered of the United States Trade Act of 1974. The entries on trade policy are here. It was amended in 1979 (Trade Agreements Act), 1984 (Trade and Tariff Act), 1988 (Omnibus Trade […]

  • Section 301

    Section 301 in Global Commerce Policy In this regard, a definition of this issue is as follows: the section so numbered of the United States Trade Act of 1974. The entries on trade policy are here. It was amended in 1979 (Trade Agreements Act), 1984 (Trade and Tariff Act), 1988 (Omnibus Trade […]

  • Most-favoured-nation Treatment

    Most-favoured-nation treatment in Global Commerce Policy In this regard, most-favoured-nation treatment is: MFN. This is the rule, usually established through a trade agreement, that a country gives each of the trading partners with which it has concluded relevant agreements the best treatment […]

  • Mutual Aid Agreement

    Mutual aid agreement in Global Commerce Policy In this regard, mutual aid agreement is: an agreement concluded on 23 February 1942 between the United Kingdom and the United States concerning the principles applying to mutual aid in the prosecution of the war against aggression. The entries on […]