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8 Cards in this Set
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- Back
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A trade organization that replaced the old general agreement on tariffs and trade(GATT) |
World Trade Organization |
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A trade agreement that contained loopholes enabling countries to avoid trade-barrier reduction agreements |
General Agreement on Tariffs and Trade(GATT) |
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A world trade organization agreement that aims to cut customs-related red tape and ease the flow of trade between countries |
Trade Facilitation Agreement(TFA) |
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An agreement between Canada, the United States and Mexico that created the world’s then-largest free trade zone |
North American Free Trade Agreement(NAFTA) |
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A trade agreement instituted in 2005 that includes Costa Rica, the Dominican republic, El Salvador, Guatemala, Honduras, Nicaragua, and the United States |
Dominican Republic-Central America Free Trade Agreement(CAFTA-DR) |
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An intermediary in the global market that assumes all ownership risk and sales globally for its own account |
Buyer for export |
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An intermediary who plays the traditional brokers Role by bringing buyer and seller together |
Export broker |
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An intermediary who acts like a manufacturer’s agent for the exporter; the export agent lives in the foreign market |
Export agent |
