- Industry: Government
- Number of terms: 7177
- Number of blossaries: 0
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The World Trade Organization (WTO) deals with the global rules of trade between nations. Its main function is to ensure that trade flows as smoothly, predictably and freely as possible.
Action taken by the importing country, usually in the form of increased duties to offset subsidies given to producers or exporters in the exporting country.
Industry:Economy
WTO agency that oversees WTO agreements on goods, including the ATC.
Industry:Economy
Sometimes Doha Round. Unofficial name of the Doha Work Program on negotiations and implementation.
Industry:Economy
Minimal amounts of domestic support that are allowed even though they distort trade up to 5% of the value of production for developed countries, 10% for developing.
Industry:Economy
Support for farmers that is not linked to (is decoupled from) prices or production.
Industry:Economy
A type of agricultural domestic support, paid by governments to producers of certain commodities and based on the difference between a target price and the domestic market price or loan rate, whichever is the less.
Industry:Economy
A reference to the codes used to identify products. Categories of products are subdivided by adding digits.
Industry:Economy
A reference to the codes used to identify products. Categories of products are subdivided by adding digits.
Industry:Economy
When prices and production are higher or lower than levels that would usually exist in a competitive market.
Industry:Economy
