Dictionary of Trade Policy Terms

This is an accessible guide to the vocabulary used in trade negotiations. It explains some 3,000 terms and concepts in simple language. Its main emphasis is on the multilateral trading system represented by the agreements under the World Trade Organization (WTO). In addition it covers many of the trade-related activities, outcomes and terms used in other international organizations, such as the United Nations Conference on Trade and Development (UNCTAD), the World Intellectual Property Organization (WIPO), the Food and Agriculture Organization (FAO), Asia-Pacific Economic Cooperation (APEC) and the OECD. The last decade has seen considerable attention devoted to trade and investment facilitation, sustainability and the formation of free-trade areas in all parts of the world. This dictionary allocates generous space to the vocabulary associated with such developments. It offers clear explanations, for example, of the concepts used in the administration of preferential rules of origin. More recently, trade facilitation has received considerable attention. Additional areas covered include emerging trade issues and issues based particularly on developing-country concerns.