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Organization for Economic Cooperation and Development

(Encyclopedia)Organization for Economic Cooperation and Development (OECD), international organization that came into being in 1961. It superseded the Organization for European Economic Cooperation, which had been ...

fair-trade laws

(Encyclopedia)fair-trade laws, in the United States, a former group of statutes that permitted manufacturers to specify the minimum retail price of a commodity. The first fair-trade law was adopted (1931) by Califo...

trade association

(Encyclopedia)trade association, group of business people in the same trade or industry organized for the advancement of common interests. The trade association differs from the chamber of commerce in that membersh...

International Refugee Organization

(Encyclopedia)International Refugee Organization (IRO), temporary agency of the United Nations, established in 1946. In arranging for the care and the repatriation or resettlement of Europeans made homeless by Worl...

General Agreement on Tariffs and Trade

(Encyclopedia)General Agreement on Tariffs and Trade (GATT), former specialized agency of the United Nations. It was established in 1948 as an interim measure pending the creation of the International Trade Organiz...

fur trade

(Encyclopedia)fur trade, in American history. Trade in animal skins and pelts had gone on since antiquity, but reached its height in the wilderness of North America from the 17th to the early 19th cent. The demand ...

balance of trade

(Encyclopedia)balance of trade, relation between the merchandise exports and imports of a country. The concept first became important in the 16th and 17th cent. with the growth of mercantilism. Mercantilist theoris...

Hadassah, organization

(Encyclopedia)Hadassah, women's Zionist organization of the United States founded (1912) by Henrietta Szold. It has done important work in Israel in medical service, child welfare, and aid to refugees. Hadassah pro...

World Economic Forum

(Encyclopedia)World Economic Forum (WEF), independent international organization that seeks to improve the state of the world by encouraging partnerships between the public and private sectors, est. 1971 by the Ger...

trade rat

(Encyclopedia)trade rat: see pack rat.