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Target Economic Regions: Difference between revisions
→Week 6 - Trade & Intellectual Property: + definitions of w:Internal market w:GATT, w:Non-tariff barriers to trade and w:WTO
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=== Week 6 - Trade & Intellectual Property === | === Week 6 - Trade & Intellectual Property === | ||
* '''[[w:Internal market|Internal market]]''' in the [[w:European Union|European Union]] (sometimes known as the single market, formerly the common market) seeks to guarantee the free movement of [[w:good (economics)|goods]], [[w:capital (economics)|capital]], [[w:service (economics)|services]], and [[w:Freedom of movement for workers|people]] – the EU's "four freedoms" – within the [[w:Member state of the European Union|EU's 28 member states]]. ( Wikipedia ) | |||
* The '''[[w:General Agreement on Tariffs and Trade|General Agreement on Tariffs and Trade]]''' ('''GATT''') was a multilateral agreement regulating international trade ( Wikipedia ) | |||
* '''[[w:Non-tariff barriers to trade|Non-tariff barriers to trade]]''' are [[w:trade barrier|trade barrier]]s that restrict [[w:import|import]]s, but are unlike the usual form of a [[w:tariff|tariff]]. | |||
:::Some common examples of NTB's are anti-[[w:Dumping (pricing policy)|dumping]] measures and [[w:countervailing duties|countervailing duties]], which, although called non-tariff barriers, have the effect of tariffs once they are enacted. ( Wikipedia ) | |||
* The '''[[w:World Trade Organization|World Trade Organization]]''' ('''WTO''') is an [[w:organization|organization]] that intends to supervise and [[w:Free trade|liberalize]] [[w:international trade|international trade]]. ( Wikipedia ) | |||
=== Week 7 - Emerging economies === | === Week 7 - Emerging economies === | ||