Domestic law


 

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Domestic law

The laws and legal system of a country, which may be constrained by international obligations such as WTO membership. Sometimes a domestic law is inconsistent with such obligations and must be changed. This may be seen as a threat to the country's sovereignty.



Similar Matches

Domestic credit

Domestic credit

Credit extended by a country's central bank to domestic borrowers, including the government and commercial banks. In the United States, the largest component by far is the Fed's holdings of U.S. government bonds, but it also makes some short-term loans to banks to use as their reserves.


Domestic series

Domestic series

Nonmarketable, interest and noninterest-bearing securities issued periodically by the Treasury to the Resolution Funding Corporation (RFC) for investment of funds authorized under section 21B of the Federal Home Loan Bank Act.


Domestic resource cost

Domestic resource cost

A measure, in terms of real resources, of the opportunity cost of producing or saving foreign exchange. It is an ex ante measure of comparative advantage, used to evaluate projects and policies. The term was introduced to the economics literature by Bruno (1963, 1972).


Domestic content protection

Domestic content protection

Use of trade policies such as domestic content requirements to increase the portion of a product's value that is provided by domestic factors of production, either in direct production or through produced inputs.


Domestic support

Domestic support

An policy that assists domestic industry, including a subsidy to production, payment not to produce, price support, and other means of increasing the income of producers.


Further Suggestions

Qualified Domestic Relations Order (QDRO)
Domestic International Sales Corporation (DISC)
Domestic corporation
Domestic
Net domestic product
Domestic trade
Domestic content requirement
Domestic market
Domestic distortions argument for protection
Gross domestic product
Domestic International Sales Corporation
gross domestic product
Domestic bonds
Gross domestic product (GDP)


 
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