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TAKE THE QUIZ“International Trade”
The following 3 entries include the term International Trade.
International Trade Administration(ITA)
AgencyCommerce Department agency charged with overseeing all issues concerning import administration, international economic policy and programs, and trade development. The ITA's Enforcement and Compliance office works to protect American industry from injurious and unfair foreign trade practices, such as commercial dumping or nonpayment of duties, and ensures the proper administration of foreign trade zones. Its Global Markets Unit provides informational and marketing services to the U.S. exporting and international business community.
U.S. International Trade Commission(USITC)
Agencyindependent agency charged with conducting specialized studies of international trade and tariffs, including examinations of U.S. and foreign customs laws, and making recommendations to the president, Congress, and other government agencies. The USITC conducts investigations, holds public hearings, and carries out research projects pertaining to the issue of foreign importation vis-à-vis U.S. domestic production and consumption, seeking to identify, among other things, unfair or injurious practices in import trade. As part of its broad powers, the USITC advises the president regarding proposed trade agreements, reviews rates of duty on specific articles, investigates market disruptions, monitors the effects of subsidized goods entering the United States, studies import interference with domestic agricultural programs, and issues tariff schedules, trade summaries, and other publications.
United States Court of International Trade
noun: a federal court having nationwide exclusive jurisdiction over a variety of cases involving international trade and customs duties including those initiated against the United States see also federal circuit