Trade Preference
Encyclopedia
A Trade Preference is when one country prefers buying goods from some other country more than it would from other countries. It grants special support to one country over another. It is the opposite of a Trade Prohibition
.
Trade Prohibition
A Trade prohibition is when one country will not buy goods from another country unless certain standards are met or conditions are followed. It is the opposite of a Trade preference. An example would be a ban on goods produced from forced labor.-See also:...
.
See also
- Trade MandateTrade MandateA Trade Mandate is when one country will only buy goods if a certain standard is met or conditions are followed. It grants special support to one country over another more than just a simple Trade Preference...
- Trade ProhibitionTrade ProhibitionA Trade prohibition is when one country will not buy goods from another country unless certain standards are met or conditions are followed. It is the opposite of a Trade preference. An example would be a ban on goods produced from forced labor.-See also:...
- Trade Sanctions
- National TreatmentNational treatmentNational treatment is a principle in international law vital to many treaty regimes. It essentially means treating foreigners and locals equally. Under national treatment, if a state grants a particular right, benefit or privilege to its own citizens, it must also grant those advantages to the...
- Most Favored Nation