The selected goods and services priced for the purpose of compiling a price index.
The Uruguay Round Agriculture Agreement starts a reform process. It sets out a first step, in the process, i.e. a programme for reducing subsidies and protection and other reforms. Current negotiations launched under Article 20 are for continuing the reform process.
The reference (border) price is the import (c.i.f.) or export (f.o.b.) price of a commodity used for calculating the market price support price gap, measured at the farm gate level. An implicit border price may be calculated as, for example, the unit value of imports or exports
Re-exports are foreign goods exported in the same state as previously imported, from the free circulation area, premises for inward processing or industrial free zones, directly to the rest of the world and from premises for customs warehousing or commercial free zones, to the rest of the world.
Specific limits on the quantity or value of goods that can be imported (or exported) during a specific time period.
Is an original model constructed to include all the technical characteristics and performances of the new product. For example, if a pump for corrosive liquids is being developed, several prototypes are needed for accelerated life tests with different chemicals. A feedback loop exists so that if the prototype tests are not successful, the results can be used for further development of the pump.
Additional agreements attached to the General Agreement on Trade in Services (GATS). The Second Protocol deals with the 1995 commitments on financial services. The Third Protocol deals with movement of natural persons.
The production weighted tariff rate is, in concept, similar to producer support estimates. A measure of the value of transfers from domestic consumers to domestic producers. The measure does not capture the efficiency costs, and thus the loss in economic welfare attributable to such measures.
Requirement that the investor export to certain countries or region.
Undertaking by an exporter to raise the export price of the product to avoid the possibility of an anti-dumping duty.
