Abbreviations often used in International Economics

A/C Account

AAFLI Asian-American Free Labor Institute

AALC African-American Labor Center

ABAC Apec Business Advisory Council

ABC Agricultural Bank of China (one of China's 4 largest State-owned commercial banks)

ACDA Arms Control and Disarmament Agency

ACFIC All- China Federation of Industry and Commerce

ACM Arab Common Market

ACP African, Caribbean and Pacific group

ACTPN Advisory Committee on Trade Policy Negotiations

AD anti-dumping

Ad Val ad valorem tariff rate

ADB Asian Development Bank

ADC Andean Development Corporation

ADF Asian Development Fund (of the Asian Development Bank).

ADRA Adventist Development and Relief Agency

AEM ASEAN (Association of Southeast Asian Nations) Economic Ministers

AfDB African Development Bank

AfDF African Development Fund

AFR Africa

AFSI Africa Food Security Initiative

AFTA ASEAN (Association of Southeast Asian Nations) Free Trade Area

AID U.S. Agency for International Development

AIFLD American Institute for Free Labor Development

AIHA American International Health Alliance

AIMI African Integrated Malaria Initiative

AIT American Institute in Taiwan

ANDEAN Andean Common Market

ANE Asia and Near East

ANZCERTA Australia-New Zealand Closer Economic Relations Trade Agreement

APCAC Asia-Pacific Council of American Chambers of Commerce

APEC The Asia-Pacific Economic Cooperation forum grouping Australia, Brunei, Canada, Chile, China, Hong Kong, Indonesia, Japan, South Korea, Malaysia, Mexico, New Zealand, Papua New Guinea, the Philippines, Singapore, Taiwan, Thailand, the United States.

ARCH Autoregressive conditional heteroskedastic (models).

AS Aggregate supply

ASEAN Association of South East Asian Nations

includes countries Brunei, Cambodia, Indonesia, Laos, Malaysia, Myanmar (Burma), the Philippines, Singapore, and Thailand

ASEM Asia-Europe Meeting

It was officially launched in Bangkok in 1996, seeks to promote closer relations between Europe and Asia on a variety of fronts, including political, economic and cultural.

ASIA Ltd Asian Securitization and Infrastructure Assurance Pte Ltd. A Financial-guarantee company formed by the American International Assurance and the Asian Development Bank.

ASP Application Service Provider (one of the industries)

ASSET Agriculturally Sustainable System and Environmental Transformation

ATC Agreement on Textiles and Clothing

ATPA Andean Trade Preference Act

AUI ASEAN-U.S. Initiative

AWACS AID Worldwide Accounting and Control System

B

B/L Bill of lading

BFA Boao Forum for Asia

BIBF Bangkok International Banking Facilities.

BIS Bank for International Settlements

BISNET Business Information Service for the Newly Independent States (U.S. Commerce Department)

BOC Bank of China

BOFT Board of Foreign Trade (of Taiwan)

BOJ Bank of Japan. Japan's central bank.

BOP Balance of Payments

BOT 1. Bank of Thailand. Thailand's central bank.

2. Balance of Trade

3. Build, Operate and Transfer

C

CA Current accout

CAAC Civil Aviation Administration of China

CACM Central American Common Market

CAD computer aided design

CAGR Compounded Annual Growth Rate

CAM computer aided manufacturing

CAP Common agricultural policy. System of production targets and marketing mechanisms designed to manage agriculture trade within the European Union and the rest of the world.

CAPA Confederation of Asian and Pacific Accountants

CAPM Captial asset pricing models.

CARIBCAN Canadian-Caribbean Basin Initiative

CARICOM Caribbean Common Market

CARIFTA Caribbean Free Trade Association