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			Blair House Agreement - 




A compromise settlement between the USA and the EC in 1993 on an agricultural trade structure to rescue the possible collapse of the Uruguay Round of talks within the General Agreement on Tariffs and Trade (GATT). 









 Reference: Professor Derek Urwin, Department of Politics and International Relations, University of Aberdeen, Aberdeen, U.K., http://www.abdn.ac.uk/~pol028/index.htm





	
	
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Combined Nomenclature - An integrated goods nomenclature set up in 1988 and replacing two earlier systems: the Common External Tariff (CET) nomenclature, and NIMEXE. Acronym: CN Reference: Professor Derek Urwin, Department of Politics and International Relations, University of Aberdeen, Aberdeen, U.K., http://www.abdn.ac.uk/~pol028/index.htm

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Common Agricultural Policy - Originally created with three main components: a single market for agricultural products, with common prices; a common external tariff (CET) on agricultural imports; and common financial responsibility. Its core is the guaranteed price system and the intervention (where food surpluses occur) system, administered by the European Agricultural Guidance and Guarantee Acronym: CAP Reference: Professor Derek Urwin, Department of Politics and International Relations, University of Aberdeen, Aberdeen, U.K., http://www.abdn.ac.uk/~pol028/index.htm

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Common Carrier Legislation - Requires energy transmission systems to carry energy between any third party supplier and the consumer at a reasonable tariff. Reference: Professor Derek Urwin, Department of Politics and International Relations, University of Aberdeen, Aberdeen, U.K., http://www.abdn.ac.uk/~pol028/index.htm

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Common External Tariff - Essential to any customs union, and first introduced in the early 1960s as an average of the customs levies of the Member States. Acronym: CET Reference: Professor Derek Urwin, Department of Politics and International Relations, University of Aberdeen, Aberdeen, U.K., http://www.abdn.ac.uk/~pol028/index.htm

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Customs Duties - Taxes collected by states upon imports to their territory. Abolished within the EC, they have been retained at EC external borders as a common external tariff (CET) and are regarded as EC own resources. Reference: Professor Derek Urwin, Department of Politics and International Relations, University of Aberdeen, Aberdeen, U.K., http://www.abdn.ac.uk/~pol028/index.htm

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Customs Union - An economic structure whereby states agree to belong to a single tariff aream with no customs duties between them. The EC customs union was largely in place by 1968. Reference: Professor Derek Urwin, Department of Politics and International Relations, University of Aberdeen, Aberdeen, U.K., http://www.abdn.ac.uk/~pol028/index.htm

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EBTI - European Binding Tariff Information, part of CADDIA. Acronym: EBTI Reference: Professor Derek Urwin, Department of Politics and International Relations, University of Aberdeen, Aberdeen, U.K., http://www.abdn.ac.uk/~pol028/index.htm

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Free Trade - Trade between nations without customs duties or tariffs.

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FRIDA - Framework for Integrated Dynamic Analysis of Travel and Tariffs, a DRIVE project. Acronym: FRIDA Reference: Professor Derek Urwin, Department of Politics and International Relations, University of Aberdeen, Aberdeen, U.K., http://www.abdn.ac.uk/~pol028/index.htm

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TARIC - Integrated Community Tariff, established within CADDIA in 1988. Acronym: TARIC Reference: Professor Derek Urwin, Department of Politics and International Relations, University of Aberdeen, Aberdeen, U.K., http://www.abdn.ac.uk/~pol028/index.htm

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Tariffs - Removed for intra-EC trade by 1968. Reference: Professor Derek Urwin, Department of Politics and International Relations, University of Aberdeen, Aberdeen, U.K., http://www.abdn.ac.uk/~pol028/index.htm

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Unless otherwise indicated, all entries in the LogisticsWorld Logistics Glossary are copyright 1997, Matthew D. Cox, logistics@logisticsworld.com.

 

WWW Virtual Library of Logistics
Ver 4, Sep, 1999, Matthew D. Cox, logistics@logisticsworld.com
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