by TheBusinessProfessor | Feb 23, 2025 | Global Business, International Law & Relations
What is the Global Program Against Money Laundering (GPML)? The GPML is a UN programs to fight money laundering, proceeds of crime, and the financing of terrorism. These programs are global and part of the United Nations Office on Drugs and Crime (UNODC). This office...
by TheBusinessProfessor | Feb 23, 2025 | Global Business, International Law & Relations
What is the United Nations Conference on Trade and Development (UNCTAD)?The United Nations Conference on Trade and Development (UNCTAD) is a permanent intergovernmental body that is responsible for the integration of developing countries into the world economy through...
by TheBusinessProfessor | Feb 23, 2025 | Global Business, International Law & Relations
What is the United Nations Industrial Development Organization?The United Nations Industrial Development Organization (UNIDO) is a specialized agency of the United Nations that promotes industrial development in developing as well as transitioning economies in order...
by TheBusinessProfessor | Feb 23, 2025 | Global Business, International Law & Relations
What is Compensatory Trade?Compensatory Trade, or countertrade, refers to the exchange of goods (commodities) and services between two countries which is not paid for in cash but in other goods or services.
by TheBusinessProfessor | Feb 23, 2025 | Global Business, International Law & Relations
What is a Common Market?A common market, also known as a trade block, is a market that allows trade and exchange of labor or services between specific countries. It is the result of a regional or intergovernmental agreement that permits agreeing countries to trade...
by TheBusinessProfessor | Feb 23, 2025 | Global Business, International Law & Relations
What is the Customs Cooperation Council Nomenclature?The Customs Cooperation Council Nomenclature (CCCN) is a customs tariff classification system for imported goods. It refers to a standardized method of classifying imported goods in order to determine duties or...
