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Regional policy |
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Regional policyIn a trade context, this usually refers to a regional aid.Similar MatchesOpen regionalismOpen regionalismRegional economic integration that is not discriminatory against outside countries; typically, a group of countries that agrees to reduce trade barriers on an MFN basis. Adopted as a fundamental princple, but not defined, by APEC in 1989. Bergsten (1997) offers five definitions, ranging from open membership to global liberalization and trade facilitation. Regional Check Processing Center (RCPC)Regional Check Processing Center (RCPC)A Federal Reserve check processing operation that clears checks drawn on depository institutions located within a specified area. RCPCs expedite collection and settlement of checks within the area on an overnight basis. Regional bankRegional bankA bank operating in a specific region of the country, taking deposits and offering loans. Regional aidRegional aidA subsidy directed at a geographic region of a country to assist its development. Such subsidies are non-actionable under WTO rules. Regional stock exchangesRegional stock exchangesOrganized national securities exchanges located outside of New York City and registered with the SEC They include: the Boston, Cincinnati, Intermountain (Salt Lake City-dormant, owned by COMEX), Midwest (Chicago), Pacific (Los Angeles and San Francisco), Philadelphia (Philadelphia and Miami), and Spokane (local mining and Canadian issues, non-reporting trades) SEC. Further SuggestionsRegionalismRegional fund |
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