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Terms that are on use on this site.
There are 132 entries in this glossary.
F
| Term |
Definition |
| Fast Track |
A procedure
adopted by the US Congress, at the request of the President, committing
Congress to vote to pass or reject a trade agreement without amendment.
Critics argue that this procedure is undemocratic because Congress
members cannot amend or reject objectionable clauses before agreements
are passed. Fast Track was first introduced in the Trade Act of
1974.
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| FDI |
Foreign direct investment: the purchase
by the investors or corporations of one country of non-financial
assets in another country. This involves a flow of capital from
one country to another to build a factory, purchase a business or
buy real estate.
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| FTAA |
Free Trade Area of the Americas
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