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GLOSSARY OF WTO TERMS

A


Actuarial services Ad valorem tariff Additional commitments Additional duty Administered price Advisory and other auxiliary services Advisory, intermediation services Aggregate Measurement of Support (AMS) Agreement on Government Procurement   Agreement on the Application of Sanitary and Phytosanitary Measures Agreement on Trade in Civil Aircraft Agricultural input subsidies Air transport services Annual and/or final bound commitment levels Annual quantity commitment levels Appellate Body Applied tariff rate Auxiliary financial services

B


Balance of payments Base total AMS Basic agricultural product   Basic Instruments and Selected Documents (published by GATT) Basic telecommunications

C


Cairns Group Ceiling bindings Central European Free Trade Agreement Central Product Classification (UN) Codex Alimentarius Combined tariff Commercial presence Commitment on market access Committee on Agriculture   Common Agricultural Policy Compensatory adjustments Compulsory licensing Copyright and related rights Cost, Insurance, Freight Countervailing measures Crop insurance scheme Current total AMS Custodial services

D


Depository services Differential and more favorable treatment Discretionary import licensing Discriminatory measures Dispute settlement Dispute Settlement Body Domestic food aid Domestic product   Domestic sales requirements Domestic support Domestic support commitments Domestic support measures Dumping Duties imposed on or in connection with importation Duty-free treatment

E


Effective rate of protection Emergency safeguard measure Enquiry point Entry and temporary stay of natural persons Equivalent measurement of support European Economic Area European Economic Community European Free Trade Association, EFTA European Union Exchange restrictions   Exempt measures Exemption from the reduction commitments Export credit guarantees Export performance requirements Export prohibitions Export promotion and advisory services Export restrictions Export subsidy commitments External reference price

F


Foodstuff Foreign exchange balancing requirements Free on Board, FOB   Free rider problem Free Trade Agreement

G


General Agreement on Tariffs and Trade, GATT General Agreement on Trade in Services, GATS General disciplines on domestic support General System of Preferences Geographical indications Goods Nomenclature for Foreign Economic Activity   Government procurement Grey area mesures Gross Domestic Product, GDP Gross National Product, GNP Guarantees and commitments

H


Harmonized Commodity Description and Coding System (Nomenclature)  

I


In-quota rate Industrial designs Information Technology Agreement Initial negotiating rights (INR) Initial tariff offer   Integrated Database of the WTO Intellectual property rights International Monetary Fund International Trade Organization Item-by-item tariff reductions

L


Layout-designs (topographies) of integrated circuits Least Developed Countries Licensing requirements Like product (“produit similaire”)   Like services Livestock payments Local content requirements Local equity requirements

M


Manufacturing limitations Manufacturing requirements Margin of dumping Market price support Marketable agricultural production Marketing-cost reduction measures Mercado Común del Sur Minimum access commitments   Minimum import price Modes of delivery Monopoly services Most-Favored-Nation Treatment (MFN) Movement of natural persons supplying services under the Agreement Multifibre Arrangement Mutual Recognition Agreement

N


NAFTA NAMA, Negotiating Group on Market Access for Non-Agricultural products National treatment Non-actionable subsidy   Non-product specific aggregate measurements of support Non-product-specific domestic support Non-tariff measures, barriers North American Free Trade Agreement

O


Obligations and commitments Orderly marketing arrangement   Organization for Economic Co-operation and Development Out-of-quota rate

P


Panel Preparatory Committee of the WTO Presence of natural persons Preshipment Inspection   Product mandating requirements Product-specific domestic support Product-specific subsidy

Q


Quantitative import restrictions   Quantity commitment levels

R


Reciprocal and mutually advantageous concessions Reciprocal Trade Agreements Act Reference price Registered trademark Relief from natural disasters   Remittance restrictions Representative market price Revised tariff offer Rules of origin

S


Safeguard measures Sanitary and phytosanitary measures Separate customs territory Smooth–Hawley Act Special Drawing Rights Special Safeguards Specific agricultural levy or fee   Specific commitments Specific duties and charges included in the Schedules Specific subsidy Specific tariff Subsidiary Subsidies and Countervailing Measures

T


Tariff binding Tariff concession Tariff equivalent Tariff escalation Tariff offer Tariff pick Tariff quota Tariffication Technical barriers to trade Technology transfer requirements Temporary stay of natural persons Territories entitled to receive preferential treatment Textiles Monitiring Body   Textiles Surveillance Body The International Trade Centre UNCTAD/WTO Threshold level Total AMS commitment Trade Agreements Extension Act Trade facilitation Trade Policy Review Body Trade-balancing requirements Trade-Related Aspects of Intellectual Property Rights Trade-Related Investment Measures, TRIMs Trademark Trigger level Trigger price

U


Ukrainian classification of Goods for Foreign Economic Activity Undertakings relations to additional commitments Undisclosed information   United Nations Commission on International Trade Law United Nations Conference on Trade and Development

V


Value Added Tax, VAT   Variable import levy

W


Waiver World Intellectual Property Organization   WTO

Z


Zeroing  



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