Diplomacy & Politics Glossary
Every term you need — from Model UN procedure to international law, economics, and political theory. Clear definitions, real examples, and cross-linked concepts.
2302 terms across 11 categories
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4 termsMost Favored Nation Exception
Specific cases in trade agreements where the Most-Favored-Nation principle does not apply, allowing preferential treatment.
Most Favored Nation Principle
The most favored nation principle requires WTO members to treat all other members equally regarding trade tariffs and regulations without discrimination.
Most-Favored-Nation Clause
Trade principle requiring states to treat all WTO members equally regarding trade advantages and tariffs.
Most-Favored-Nation Treatment
A trade principle requiring a state to grant another state the same trade advantages it provides to any third party.
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3 termsSafeguard Clause
A temporary measure allowing countries to restrict imports of a product to protect domestic industries from serious injury caused by a surge in imports. It is regulated under WTO rules.
Safeguards
Temporary trade barriers imposed to protect domestic industries from sudden surges in imports causing serious injury.
Special and Differential Treatment
Provisions in WTO agreements granting developing countries flexibilities and longer timeframes to implement commitments.
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5 termsTrade Dispute Settlement Body
The WTO entity responsible for resolving trade disagreements between member countries through established legal procedures.
Trade Facilitation Agreement
A WTO agreement aiming to expedite the movement, release, and clearance of goods across borders by simplifying customs procedures.
Trade Rounds
Negotiation sessions under the GATT/WTO framework where multiple countries discuss and agree on reducing trade barriers.
Trade-Related Intellectual Property Rights
WTO agreement setting minimum standards for protecting intellectual property across member countries.
Trade-Related Investment Measures Agreement
A WTO agreement setting rules on investment measures that affect trade in goods among member countries.
W
6 termsWorld Trade Organization
An international institution that regulates and facilitates global trade agreements and dispute resolution.
World Trade Organization (WTO) Plurilateral Agreements
Trade agreements within the WTO framework that involve only some member countries rather than all members.
World Trade Organization (WTO) Tariff Negotiations
These negotiations involve member states agreeing on tariff reductions to promote free and fair international trade.
World Trade Organization (WTO) Trade Facilitation Agreement
Agreement aiming to simplify and expedite customs procedures to boost international trade efficiency.
World Trade Organization Dispute Settlement Body
The WTO entity responsible for resolving trade disputes between member countries.
WTO Dispute Settlement Understanding
The WTO Dispute Settlement Understanding is the agreement outlining procedures for resolving trade disputes among World Trade Organization members.