Gray area measure


 

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Gray area measure

A measure whose conformity with existing rules in unclear, such as a VER under the GATT prior to the WTO.



Similar Matches

Aggregate measurement of support

Aggregate measurement of support

The measurement of subsidy to agriculture used by the WTO as the basis for commitments to reduce the subsidization of agricultural products. It includes the value of price supports and direct subsidies to specific products, as well as payments that are not product specific.


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Made-to-measure tariff

A tariff set so as to raise the price of an imported good to the domestic price, so as to leave domestic producers unaffected. Also called a scientific tariff.


Nontariff measure

Nontariff measure

Any policy or official practice that alters the conditions of international trade, including ones that act to increase trade as well as those that restrict it. The term is therefore broader than nontariff barrier, although the two are usually used interchangeably.


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Further Suggestions

Internal measure
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