Acronym Quick Reference Sheet
If you are a current YTP member and would like to make a suggestion regarding other important acronyms, please send your suggestions to events@wita.org. Thank you for your input!
AD | Antidumping |
AGOA | African Growth and Opportunity Act |
APEC | Asia Pacific Economic Cooperation |
ASEAN | Association of Southeast Asian Nations |
ATC | Agreement on Textiles and Clothing |
ATPA | Andean Trade Preference Act |
ATPDEA | Andean Trade Promotion & Drug Eradication Act |
AUSTR | Assistant US Trade Representative |
BIA | Built-in agenda |
BIT | Bilateral investment treaty |
BLS | Bureau of Labor and Statistics |
BOP | Balance of Payments |
CACM | Central American Common Market |
CAFTA | Central American Free Trade Area |
CAFTA-DR | Central America-Dominican Republic free trade agreement |
CARICOM | Caribbean Common Market |
CBERA | Caribbean Basin Economic Recovery Act |
CBI | Caribbean basin initiative |
CFTA | Canada Free Trade Agreement |
CITEL | Telecommunications division of the OAS |
COMESA | Common Market for Eastern & Southern Africa |
CTE | Committee on Trade and the Environment |
CTG | Council for Trade in Goods |
CVD | Countervailing duty |
DDA | Doha Development Agenda |
DHS | Department of Homeland Security |
DOC | Department of Commerce |
DOL | Department of Labor |
DSM | Dispute settlement mechanism |
EAI | Enterprise for ASEAN Initiative |
EFTA | European Free Trade Association |
EU | European Union |
FOIA | Freedom of Information Act |
FTA | Free trade agreement |
FTAA | Free Trade Area of the Americas |
GATS | General Agreements on Trade in Services |
GATT | General Agreement on Tariffs and Trade |
GDP | Gross Domestic Product |
GEC | Global Electronic Commerce |
GPA | Government Procurement Agreement |
GSP | Generalized system of preferences |
HTS | Harmonized tariff system |
IA | Import Administration |
IFI | International financial institution |
ILO | International Labor Organization |
IPR | Intellectual property rights |
ITA | Information Technology Agreement |
ITA | International Trade Administration |
KORUS | Korea-US free trade agreement |
LDBDC | Least Developed Beneficiary Developing Country |
MAI | Multilateral Agreement on Investment |
MEA | Multilateral environmental agreement |
MEFTA | Middle East Free Trade Area |
MERCOSUR | Southern Common Market (Spanish |
MFA | Multifiber Arrangement |
MFN | Most favored nation agreement |
MOSS | Market-oriented, sector-selective |
MOU | Memorandum of understanding |
MRA | Mutual Recognition Agreement |
NAALC | North American Agreement on Labor Cooperation |
NAFTA | North American free trade agreement |
NAMA | Non-Agricultural Market Access |
NEC | National Economic Council |
NIS | Newly independent states |
NSC | National Security Council |
NTB | Non-tariff barriers |
NTR | Normal trade relations |
OAS | Organization of American States |
OECD | Organization for Economic Cooperation and Development |
OPIC | Overseas Private Investment Corporation |
PNTR | Permanent Normal Trade Relations |
PTA | Preferential trade agreement |
ROO | Rules of origin |
ROU | Record of understanding |
SACU | Southern African Customs Union |
SADC | Southern African Development Community |
SPS | Sanitary and phytosanitary measures |
SRM | Specified risk material |
TAA | trade adjustment assistance |
TABD | Trans-Atlantic Business Dialogue |
TACD | Trans-Atlantic Consumer Dialogue |
TAEVD | Trans-Atlantic Environment Dialogue |
TALD | Trans-Atlantic Labor Dialogue |
TBT | Technical barriers to trade |
TEP | Transatlantic Economic Partnership |
TIFA | Trade and Investment Framework Agreement |
TiSA | Trade in Services Agreement |
TPA | Trade promotion agreement |
TPP | Trans Pacific Partnership |
TPRG | Trade Policy Review Group |
TPSC | Trade Policy Staff Committee |
TRIMS | Trade related investment measures |
TRIPS | Trade related intellectual property |
TTIP | Transatlantic Trade and Investment Promotion |
UNCTAD | United Nations Conference on Trade & Development |
UNDP | United Nations Development Program |
URAA | Uruguay Round Agreements Act |
USDA | U.S. Department of Agriculture |
USITC | U.S. International Trade Commission |
USTR | U.S. Trade Representative |
VRA | Voluntary restraint agreement |
WAEMU | West African Economic & Monetary Union |
WB | World Bank |
WTO | World Trade Organization |