Trade Acronyms

This list includes many common acronyms related to agricultural trade. You’ll find more detailed definitions of many of these terms in our Trade Glossary.
Do you have ideas for acronyms we should add? Please contact us.


AD – Antidumping

AGOA – African Growth and Opportunity Act

AMS – Aggregate Measure of Support

AoA – Agreement on Agriculture

APHIS – USDA’s Animal and Plant Health Inspection Service

ASEAN – Association of Southeast Asian Nations

ATPA – Andean Trade Preferences Act

AVE – Ad Valorem Equivalent


BIT – Bilateral Investment Treaty


CAFTA-DR – Central American-Dominican Republic Free Trade Agreement

CAP – Common Agricultural Policy (in the EU)

CBI – Caribbean Basin Initiative

CFTA – Canada Free Trade Agreement

CVD – Countervailing Duty


DDA – Doha Development Agenda

DET – Deferential Export Tax(es)

DSB – Dispute Settlement Body (in the WTO)

DSU – Dispute Settlement Understanding


EC – European Commission

ERS – USDA’s Economic Research Service

EU – European Union


FAO – United Nation’s Food and Agriculture Organization

FAS – USDA’s Foreign Agricultural Service

FDI – Foreign Direct Investment

FTA – Free Trade Agreement

FTAA – Free Trade Area of the Americas


GATT – General Agreement on Tariffs and Trade

GDP – Gross Domestic Product

GI – Geographic Indication(s)

GSP – Generalized System of Preferences


HS – Harmonized System (Harmonized Commodity Description and Coding System)


IMF – International Monetary Fund

IPR – Intellectual Property Rights


KORUS – Korea-United States Free Trade Agreement


LDC – Least Developed Country


MERCOSUR – Southern Common Market

MFN – Most Favored Nation (treatment)

MOU – Memorandum of Understanding


NAFTA – North American Free Trade Agreement

NAMA – Non-Agricultural Market Access

NER – Nominal Exchange Rate

NFIDC – Net Food-Importing Developing Country

NGO – Non-Governmental Organization

NTB – Non-Tariff Barrier

NTM – Non-Tariff Measure

NTR – Normal Trade Relations


OECD – Organization for Economic Cooperation and Development


PNTR – Permanent Normal Trade Relations

PTA – Preferential Trade Agreement


ROO – Rules of Origin

RTA – Regional Trade Agreement


SPS – Sanitary and Phytosanitary

SRM – Specified Risk Material

SSG – Special Safeguard

SSM – Special Safeguard Mechanism

STE – State Trading Enterprise


TAA – Trade Adjustment Assistance

TBT – Technical Barrier to Trade

TPA – Trade Promotion Authority

TPP – Trans Pacific Partnership

TRIMS – Trade Related Investment Measures

TRIPS – Trade Related Intellectual Property Rights

TRQ – Tariff Rate Quota

TTIP – Transatlantic Trade and Investment Partnership


URAA – Uruguay Round Agreement on Agriculture

USAID – United States Agency for International Development

USDA – United States Department of Agriculture

USITC – United States International Trade Commission

USTR – United States Trade Representative


VAT – Value-Added Tax


WB – World Bank

WFP – World Food Program

WTO – World Trade Organization

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Farm Foundation gratefully acknowledges Gary and Marg MacDonald, Corteva AgriScienceIllinois Farm Bureau and Syngenta for their support of the Trade Resource Center.

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