20 Terms
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International trade
The buying and selling of goods, services and capital across international borders or territories.
Industry: Economy
Add a new termContributors in International trade
International trade
distortion
Economy; International trade
When prices and production are higher or lower than levels that would usually exist in a competitive market.
domestic support
Economy; International trade
In agriculture, any domestic subsidy or other measure which acts to maintain producer prices at levels above those prevailing in international trade; direct payments to producers, including ...
internal support
Economy; International trade
In agriculture, any domestic subsidy or other measure which acts to maintain producer prices at levels above those prevailing in international trade; direct payments to producers, including ...
Dispute Settlement Understanding (DSU)
Economy; International trade
The WTO agreement that covers dispute settlement in full, the Understanding on Rules and Procedures Governing the Settlement of Disputes.
dumping
Economy; International trade
Occurs when goods are exported at a price less than their normal value, generally meaning they are exported for less than they are sold in the domestic market or third-country markets, or at less ...
Export Enhancement Program (EEP)
Economy; International trade
Program of US export subsidies given generally to compete with subsidized agricultural exports from the EU on certain export markets.
electronic commerce
Economy; International trade
The production, advertising, sale and distribution of products via telecommunications networks.
