Arab Cooperation Council - "The ACC was created in 1989 to promote economic cooperation and integration. Members include Egypt, Iraq, Jordan, and North Yemen. The ACC, partly intended as a counterpart to Gulf Cooperation Council, was created one day subsequent to the establishment"

Arab Trade Financing Program - "The ATFP promotes trade among Arab countries and exports from Arab countries. The Program was established in 1989 by the Arab Monetary Fund; headquarters are in Abu Dhabi, United Arab Emirates. "

Arbitrage - The simultaneous buying and selling of the same commodity or foreign exchange in two or more markets in order to take advantage of price differentials.

Arbitrage - The practice of exchanging the currency of one country for that of another or a series of countries to gain an advantage from the differences in exchange rates.

Arbitration Clause - A clause in a sales contract outlining the method under which disputes will be settled.

Arms Control and Disarmament Agency - ACDA is an independent agency within the State Department. ACDA participates in interagency working groups that discuss export license applications requiring dispute resolution. ACDA is interested in dual-use license applications from a non-proliferation

Arr. T. L. - Arranged total loss

Arrangement on Guidelines for Officially Supported Export Credits - "The Arrangement is an international agreement under Organization for Economic Cooperation and Development auspices governing the conditions -- such as interest rate, repayment term, and cash downpayment -- of medium- and long-term official export credit "

arrest - Seizure of a ship by an authority of a court of law either as a debt security or to prevent the ship from departing until a dispute is settled.

ARS - African Regional Organization for Standardization

AsDF - Asian Development Fund

ASEAN - Association of Southeast Asian Nations

ASEAN - Association of South-East Asian Nations

ASEAN Free Trade Area - "The Association of Southeast Asian Nations (ASEAN) agreed in January 1992 to create a free trade area (ASEAN Free Trade Area, or AFTA) with use of a common effective preferential tariff. Under the agreement ASEAN members will cut tariff rates within 15 years"

Asia Pacific Economic Cooperation - "APEC, established in November 1989, is an informal grouping of Asia Pacific countries that provides a forum for Ministerial level discussion of a broad range of economic issues. APEC includes the six ASEAN countries (Brunei, Indonesia, Malaysia, Philippine"

Asian Development Bank - "The ADB helps finance economic development in developing countries in the Asian and Pacific area through the provision of loans on near-market terms, with its Ordinary Capital Resources (OCR), and on concessional terms, through the Asian Development Fund "

Asian Development Fund - "The ADF (or AsDF), an affiliate of the Asian Development Bank, lends funds on concessionary terms to the Bank's least developed member countries."

Assessment - The imposition of antidumping duties on imported merchandise.