- Industry: Education
- Number of terms: 31274
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A set of multilateral negotiations, held under the auspices of the GATT and WTO, in which countries exchange commitments to reduce tariffs and agree to extensions of the GATT rules. Most recent were the Kennedy, Tokyo, Uruguay, and Doha Rounds.
Industry:Economy
1. The portion of the economy that produces tradable goods, and thus exports and/or competes with imports. 2. The portion of the economy that actually engages in international trade, exporting and/or importing or providing trade services.
Industry:Economy
A service that is an input to an act of international trade. Examples include transportation to, from, or between ports; insurance; or the provision of trade credit.
Industry:Economy
A good that is exported or imported or -- sometimes -- a good that ''could be'' exported or imported if it weren't for those pesky tariffs.
Industry:Economy
A symbol and/or name representing a commercial enterprise, whose right to the exclusive use of that symbol is, along with patents and copyrights, one of the fundamental intellectual property rights that are the subject of the WTO TRIPS agreement.
Industry:Economy
An agreement between two or more countries concerning the rules under which trade among them will be conducted, either in a particular industry or more broadly.
Industry:Economy
A group of countries that are somehow closely associated in international trade, usually in some sort of PTA.
Industry:Economy
A trading partner of one country is any other country with which it trades. Sometimes restricted, not very rigorously, to countries with which it trades a lot, or countries in the same preferential trading arrangement.
Industry:Economy
1. This term is used somewhat variously to describe a very poor country, a subsistence economy, a primitive agricultural economy, or a pre-industrial economy. 2. More formally, in a traditional economy resources are allocated based on the historical roles of individuals and families, passed down across generations, and markets play little role.
Industry:Economy
1. French for "slice," in finance it usually refers to the pieces of a security that has been divided into parts for sale to different parties. 2. In the IMF, each member can draw upon or borrow amounts that are set as 25% of its IMF quota, the first called the gold tranche and each subsequent one called a credit tranche.
Industry:Economy
