ABC ASEAN Brussels Committee

ACP African-Carribean-Pacific (developing countries associated with the European Community

ALC ASEAN-London Committee

APC ASEAN-Paris Committee

BAC Bonn-ASEAN Committee

BKPM Badan Koordinasi Penanaman Modal (Investment Coordinating Board, Indonesia)

CAP Common Agricultural Policy

CCCN Customs Co-operation Council Nomenclature

CCT Common Customs Tariff

CKD Completely knocked down

COREPER Committee of Permanent Representatives of the EEC Council of Ministers

DAC Development Assistance Committee

DC Developed Country

EC European Community

ECU European Currency Unit

ECSC European Coal and Steel Community

EEC European Economic Community

EFTA European Free Trade Area

EUA European Unit of Account

FIDA Federal Industrial Development Authority (Malaysia)

FRG Federal Republic of Germany (West Germany)

FTZ Free Trade Zone

GATT General Agreement on Tariffs and Trade

GDR German Democratic Republic (East Germany)

GNP Gross National Product

GSP Generalised System of preferences

GTC Gross Trade Creation

IMF International Monetary Fund

ISIC International Standard Industrial Classification

JCC Joint Co-operation Committee

JSG Joint Study Group (ASEAN-EEC)

LDC Less Developed Country

LTA Long-term Agreement (for cotton textiles)

MFA Multifibre Arrangement

MFN Most Favoured Nations

MIDA Malaysia Industrial Development Authority

MNC Multinational Corporation

NEP New Economic Policy

NIC Newly Industrialising (Industrialised) Country

NTB Non-Tariff Barrier

ODA Official Development Assistance

OECD Organization for Economic Co-operation and Development

OMA Orderly Marketing Agreement

OPEC Organization of Petroleum Exporting Countries

R & D Research and Development

RCA Revealed Comparative Advantage

SCCAN Special Co-ordinating Committee (ASEAN)

SITC Standard Industrial Trade Classification

STABEX Stabilization of Export Earnings

TD Trade Diversion

TNC Transnational Corporation

U.K. United Kingdom

U.S. United States

UNCTAD United Nations Conference on Trade and Development

VER Voluntary Export Restraint

VESRA Voluntary Export Self-Restraint Agreement