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Economy

Pertaining to the system or range of economic activity in a country, region, or community.

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Economy > International trade

nullification and impairment

Economy; International trade

Damage to a country's benefits and expectations from its WTO membership through another country's change in its trade regime or failure to carry out its WTO obligations.

offer

Economy; International trade

In a negotiation, a country's proposal for its own further liberalization, usually an offer to improve access to its markets.

open-ended

Economy; International trade

In the WTO, meetings, usually informal, that are open to all members.

overall trade-distorting domestic support (OTDS)

Economy; International trade

In agriculture, Amber Box + de minimis + Blue Box support.

panel

Economy; International trade

In the WTO dispute settlement procedure, an independent body is established by the Dispute Settlement body, consisting of three experts, to examine and issue recommendations on a ...

Paragraph 6 system

Economy; International trade

A waiver and pending amendment allowing generic medicines to be made under compulsory licenses exclusively for export to countries that cannot produce the medicines themselves. ...

parallel imports

Economy; International trade

When a product made legally (i.e. not pirated) abroad is imported without the permission of the intellectual property right-holder (e.g. the trademark or patent owner). Some ...