Business / Agriculture / Limited Global Quota For Upland Cotton: A provision of the Food and Agriculture Act of 1977 that authorizes the President to proclaim an import quota whenever the USDA determines that the spot market average price in any one month exceeds 130% of the previous 36-month average. If triggered by such a determination, the established quota allows for imports of up to 21 days of mill consumption during a 90-day period. Price conditions in the U.S. upland cotton market triggered this limited quota three times - twice in 1980, and once in 1987. A limited global quota cannot overlap with the step 3 quota, one of the cotton competitiveness provisions.
For Preposition Synonyms: instead of, in place of, representing, as a replacement for, on or and in behalf of, in return or exchange for, in compensation or recompense or payment or repayment for, in requital for
For Noun Synonyms: representing, championing, in favour of, on or and also in behalf of, on the side of, in support of, in the service of, as a service to, for the benefit of, pro
Global Verb Synonyms: worldwide, international, broad, extensive, wide-ranging, far-reaching, epidemic, pandemic, universal
Limited Verb Synonyms: circumscribed, restricted, fixed, predetermined, small, little, reduced, minimal
Quota Noun Synonyms: apportionment, portion, allotment, allocation, allowance, ration, share, part, proportion, percentage, equity, interest, cut
Business / Agriculture / Cotton Competitiveness Provisions: Provisions added by the Food, Agriculture, Conservation, and Trade Act of 1990 to the cotton program designed to keep U.S. cotton price competitive in domestic and export markets. Sometimes referred t MORE
Business / Taxes / Nonforfeiture Clause: If there is a nonforfeiture clause in your insurance policy contract, and you have let the policy lapse because you haven’t paid a premium that’s due, you may qualify for the benefit named in the MORE