Trade Flashcards
free trade areas or blocs
- The EEA
- NAFTA
- GAFTA
- Mercosur
they have dismantled - abolished - trade barriers between their member countries, or moved towards dismantling them; these barriers include
- tariffs
- quotas
the EEA (Def, pl)
European Economic Area
(European countries); Europejski Obszar Gospodarczy
NAFTA
North American Free Trade Area
Canada, Us, Mexico
GAFTA
Greater Arab Free Trade Area
Mercosur
a groupings of South American countries
quotas
limits on the number of goods that can be imported
WTO
World Trade Organization; it’s working to remove or dismantle trade barriers and to resolve trade disputes
sprzedawać po zaniżonych cenach
dump; sell it for less than it costs to produce
commodities (pl)
towary
fairtrade Organizations
they make sure that producers and growers, often smallholders, are paid a fair price
smallholder
small farmer
co-operatives
organizations jointly owned by producers in order to sell their product without going through the usual middlemen - wholesalers (hurtownicy)
nadmiar
Glut