21 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
appellate body
Economy; International trade
An independent seven-person body that considers appeals in WTO disputes. When one or more parties to the dispute appeals, the Appellate Body reviews the findings in panel reports.
applied tariff
Economy; International trade
Duties that are actually charged on imports. These can be below the bound rates.
applied rates
Economy; International trade
Duties that are actually charged on imports. These can be below the bound rates.
Article XX
Economy; International trade
A GATT article listing allowed exceptions to the trade rules.
Association of Southeast Asian Nations (ASEAN)
Economy; International trade
Eight ASEAN members are members of the WTO Brunei, Cambodia, Indonesia, Malaysia, Myanmar, the Philippines, Singapore and Thailand. The other ASEAN members Laos and Vietnam are negotiating WTO ...
Agreement on Textiles and Clothing (ATC)
Economy; International trade
The WTO Agreement on Textiles and Clothing which integrated trade in this sector back to GATT rules, expired on 1 January 2005.
automatic import licensing
Economy; International trade
when applications for import licenses are approved in all cases.
