Term
| production and trade structure |
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Definition
| institutions and practices that condition production, exchange, and distribution of goods and services internationally. |
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Term
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Definition
Countries specialize in particular parts of the production process
-intentionally fostered by different state policies
-results in tensions over the motives behind different trade policies. |
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Term
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Definition
Laissez-faire.
-Economic Liberal
-Limited government involvement
-removes protectionist barriers |
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Definition
-Lightly regulated trade;
-emphasizing that benefits of liberal, open trade outweigh the negative. |
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Term
| World Trade Organization WTO |
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Definition
-Implement latest GATT agreement.
-Headquartered inGeneva Switzerland
-Uruguay Round |
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Term
| General Agreement on Tariffs and Trade GATT |
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Definition
-Responsible for the liberalization of internt'l trade.
-In place until 1995 |
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Term
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Definition
-One of the basic principles of the GATT.
-All members agreed to lower trade barriers together. |
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Term
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Definition
-One of the basic principles of the GATT.
-All imports be treated the same, no one country given favor over another |
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Term
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Definition
| Nation given special treatment regarding imports. |
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Term
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Definition
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Term
| trade-related intellectual property rights TRiPs |
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Definition
| copyrights, patents and trademarks; Uruguay Round |
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Term
| trade-related investment measures TRiMs |
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Definition
Uruguay Round
-impacted amount and kind of trade |
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Term
| Dispute Settlement Panel DSP |
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Definition
| Body that rules on trade disputes; WTO |
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Term
| regional trade agreement RTAs |
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Definition
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Term
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Definition
restriction on the quantity of an item a nation can export
NTB |
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Term
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Definition
| reduction of price of an exported product, making it more attractive to foreign buyers |
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Term
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Definition
| Making a nation's currency worth less to make exports cheaper and imports more expensive |
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Term
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Definition
| selling an item cheaper abroad than it is within the country |
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Term
| countervailing trade practices |
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Definition
| Defensive measures which counter advantage gained by another state as a result of protectionist measures. |
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Term
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Definition
| measures taken when an imported good threatens domestic producers |
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Term
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Definition
| used by constructivists to describe process by which global actors define the essence of a particular global problem -- who, what, when, why, how |
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