Removing obstacles to the movement of goods across borders (e.g. simplification of customs procedures).
Read MoreTrade surplus
A nation´s excess of exporters over imports over a period of time.
Read MoreTrade terms
The terms of a sale. The setting of responsibilities of the buyer and the seller in a sale, including: sale price, responsibility for shipping, insurance and customs duties. The most widely used trade terms ate Incoterms 2010, which are published…
Read MoreTriangular trade
Trade between three countries, in which an attempt is made to create a favorable balance for each. Triangular trade usually evolves when a region has export commodities that are not required in the region from which its major imports come. Triangular trade thus…
Read MoreTRIMS
The Trade Related Investment Measures is a World Trade Organization (WTO) agreement that recognizes that measures and regulations impose on investments and investors can reduce or distort international trade, and may function as disincentives for investor in situations where investment…
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