- Industry: Government
- Number of terms: 7177
- Number of blossaries: 0
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The World Trade Organization (WTO) deals with the global rules of trade between nations. Its main function is to ensure that trade flows as smoothly, predictably and freely as possible.
GATTs Article 6 allows anti-dumping duties to be imposed on goods that are deemed to be dumped and causing injury to producers of competing products in the importing country. These duties are equal to the difference between the goods export price and their normal value, if dumping causes injury.
Industry:Economy
An independent seven-person body that considers appeals in WTO disputes. When one or more parties to the dispute appeals, the Appellate Body reviews the findings in panel reports.
Industry:Economy
Duties that are actually charged on imports. These can be below the bound rates.
Industry:Economy
Duties that are actually charged on imports. These can be below the bound rates.
Industry:Economy
Eight ASEAN members are members of the WTO Brunei, Cambodia, Indonesia, Malaysia, Myanmar, the Philippines, Singapore and Thailand. The other ASEAN members Laos and Vietnam are negotiating WTO membership.
Industry:Economy
The WTO Agreement on Textiles and Clothing which integrated trade in this sector back to GATT rules, expired on 1 January 2005.
Industry:Economy
when applications for import licenses are approved in all cases.
Industry:Economy
In disputes, the automatic chronological progression for settling trade disputes in regard to panel establishment, terms of reference, composition and adoption procedures.
Industry:Economy
A tariff that is not a percentage (eg, dollars per ton) can be estimated as a percentage of the price - the ad valorem equivalent.
Industry:Economy
