international trade

accord

Accord has three major definitions:

A harmonious agreement, especially between countries. An offer to substitute a different obligation for one that was previously owed, plus the acceptance of that offer. Either of the parties...

antitrust violations

Antitrust violations occur when an antitrust law is broken; laws protecting trade and commerce from abusive practices such as price-fixing, restraints, price discrimination, and monopolization. The three key federal statutes in Antitrust Law...

Arms Export Control Act (1976)

The Arms Export Control Act authorizes the President to control the import and export of defense articles and services. If the President chooses, they can issue a license to an individual or organization that wishes to export defense articles...

bilateral

Bilateral means two-sided and is frequently used to refer to agreements between two countries. For example, the United States and Australia have a Bilateral trade agreement limiting tariffs or other protectionist policies between the two...

bilateral investment treaty

Overview:

Bilateral investment treaties (or, BITs) are international agreements establishing the terms and conditions for private investment by nationals and companies of one country to another country.

The first...

bill of lading

A bill of lading is a legal instrument used in the transportation and shipping industries which lists the goods being shipped and the terms under which they will be delivered. If the goods as delivered do not match the terms of the bill of...

cap and trade

Cap-and-trade is a system that limits aggregate emissions from a group of emitters by setting a “cap” on maximum emissions. It is characterized as a market-based policy to reduce overall emissions of pollutants and encourage business...

cap-and-trade

Cap-and-trade is a system that limits aggregate emissions from a group of emitters by setting a “cap” on maximum emissions. It is characterized as a market-based policy to reduce overall emissions of pollutants and encourage business...

CIF

CIF is an abbreviation used for Cost, Insurance and Freight. CIF is an agreement in which the seller's quoted price includes insurance and all other costs up to a designated port of destination. The term is used in the context of maritime...

consulate

The consulate is the office place of a consul, a representative of a foreign government in the host country. The consulate deals with a variety of issues which enhance the relationship between the two countries and provides bureaucratic...

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