Examlex
Compensatory damages are intended to punish a company for behavior associated with an injury.
Regional Trade Agreements
Treaties between countries in the same region to reduce trade barriers and promote economic cooperation.
Trade Barriers
Measures implemented by a government to restrict or control international trade, including tariffs, quotas, and embargoes.
Normal Trade Relations
A status granted by one country to another in international trade, ensuring equal treatment in terms of import duties and tariffs.
World Trade Organization
An international organization designed to supervise and liberalize world trade by providing a framework for negotiating trade agreements and a dispute resolution process.
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