This new title examines international trade organizations and the agreements that govern them.

Detailed definitions of 3,450 terms used in international trade, banking, shipping, and law.

Updated to reflect the most recent trends, trade agreements, cartels, and innovations in international business, this handbook defines approximately 5,000 terms related to the international marketplace. Definitions and explanations focus on international finance and marketing, foreign exchange, import/export, trade organizations, and much more. It's a handy quick-reference source for business professionals and students, and useful for training programs in international business management.

The new edition is 128 pages longer and 1/2 inch wider. There are now 12 key appendices.

Historically relevant terms, not currently in common usage, have been included, as have foreign words and phrases that have become an integral part of our English vocabulary. A wealth of commonly used symbols, acronyms, and abbreviations also serve to make the Dictionary an incomparable desktop reference.

If ever there existed a benign-sounding organisation, it is surely the World Trade Organisation. The WTO is the successor to GATT. According to the WTO itself, its mission is "dealing with the rules of trade between nations. At its heart are the WTO agreements, the legal ground-rules for international commerce and for trade policy. The agreements have three main objectives: to help trade flow as freely as possible; to achieve further liberalisation gradually through negotiation; and to set up an impartial means of settling disputes". This book seeks to illuminate some key issues related to the WTO as well as present a detailed bibliography for future reference.

Annotation This excellent reference defines the idiosyncratic terms commonly used in the international trade industry. The second half of the book lists country codes, currencies, the specifications of ocean and air freight containers, the letter of credit process, example trade documents, key words in eight languages, and airport codes. Recommended for anyone working in the import/export business. Annotation c. Book News, Inc., Portland, OR (booknews.com).