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trade regulation

Federal Trade Commission (FTC)

The Federal Trade Commission (FTC) is an independent federal agency created in 1914 by the FTC Act. It is composed of five Commissioners appointed by the President and confirmed by the Senate. Each Commissioner serves a seven-year term. The Commission may not have more than three Commissioners belonging to the same political party.

foreign direct investment

The International Monetary Fund (“IMF”) defines foreign direct investment (“FDI”) as a “cross-border investment” in which an investor that is “resident in one economy [has] control or a significant degree of influence on the management of an enterprise that is resident in another economy.” See:

free trade

Free trade refers to a trade policy that advocates international trade without restrictions by governments against imported or exported products, such as the trade of goods without taxes or trade barriers, the trade in services without taxes or trade barriers, and unregulated access to markets and market information. 

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international trade

International trade refers to commerce that occurs across national borders. An illustrative example is the importation and exportation of goods and services across national borders. The term international trade may also include foreign direct investments, especially in cases where the foreign investment impacts trade in goods and services. 

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