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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

carry forward

Economy; International trade

When an exporting country uses part of the following year’s quota during the current year.

carry over

Economy; International trade

When an exporting country utilizes the previous year’s unutilized quota.

circumvention

Economy; International trade

Getting around commitments in the WTO such as commitments to limit agricultural export subsidies. Includes: avoiding quotas and other restrictions by altering the country of ...

Codex Alimentarius

Economy; International trade

FAO/WHO commission that deals with international standards on food safety.

commercial presence

Economy; International trade

Having an office, branch, or subsidiary in a foreign country.

compulsory licensing

Economy; International trade

For patents: when the authorities license companies or individuals other than the patent owner to use the rights of the patent — to make, use, sell or import a product under ...

price undertaking

Economy; International trade

Undertaking by an exporter to raise the export price of the product to avoid the possibility of an anti-dumping duty.