International trade

International trade

The buying and selling of goods, services and capital across international borders or territories.

Industry: Economy

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International trade

transitional safeguard mechanism

Economy; International trade

In textiles and clothing, allows members to impose restrictions against individual exporting countries if the importing country can show that both overall imports of a product and imports from the ...

transparency

Economy; International trade

Degree to which trade policies and practices, and the process by which they are established, are open and predictable.

transparent

Economy; International trade

Sharing information, in this case so all members know what is happening in smaller group meetings. In WTO negotiations and other decision-making, ideas are tested and issues are discussed in a ...

concentric circles

Economy; International trade

a system of small and large, informal and formal meetings handled by the chairperson, who is at the Center. The outer circle is the formal meeting of the full membership, where decisions are taken ...

counterfeit

Economy; International trade

Unauthorized representation of a registered trademark carried on goods identical or similar to goods for which the trademark is registered, with a view to deceiving the purchaser into believing that ...

countervailing measures

Economy; International trade

Action taken by the importing country, usually in the form of increased duties to offset subsidies given to producers or exporters in the exporting country.