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Trade Policy Review Mechanism |
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Trade Policy Review MechanismThe periodic review of the trade policies and practices of the member countries of the WTO, conducted and published by the WTO.Similar MatchesEuropean exchange rate mechanism (ERM)European exchange rate mechanism (ERM)The system that countries in the European Union once used to pay exchange rates within bands around an ERM central value. Exchange Rate Mechanism (ERM)Exchange Rate Mechanism (ERM)The methodology by which members of the EMS maintain their currency EMS within an agreed-upon range with respect to other member countries. Price specie flow mechanismPrice specie flow mechanismAdjustment mechanism under the classic gold standard allowing disturbances in the price level in one country to be wholly or partly offset by a countervailing flow of specie (gold coins) that would act to equalize prices across countries and automatically bring international payments into balance. Price specie flow mechanismPrice specie flow mechanismSame as specie flow mechanism. Adjustment mechanismAdjustment mechanismThe theoretical process by which a market changes in disequilibrium moving toward equilibrium if the process is stable. See Walrasian and Marshallian adjustment. Further SuggestionsSpecie flow mechanismExchange Rate Mechanism Exchange Rate Mechanism Dispute settlement mechanism Balance of payments adjustment mechanism |
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