Usual market requirements

From The Right Wiki
Revision as of 15:17, 31 August 2024 by imported>JoeNMLC (Successfully de-orphaned!♦ Wikiproject Orphanage: You can help!♦; add link at Agriculture in the United States article)
(diff) ← Older revision | Latest revision (diff) | Newer revision → (diff)
Jump to navigationJump to search

The usual market requirements (UMR) of a country are a measure of its import requirement met through commercial purchases. It is usually defined as a five-year average.

Agricultural policy

The UMR is used to determine whether concessional sales (e.g., under Title I of P.L. 480) will adversely affect normal commercial agricultural trade.

References

  • Public Domain This article incorporates public domain material from Jasper Womach. Report for Congress: Agriculture: A Glossary of Terms, Programs, and Laws, 2005 Edition (PDF). Congressional Research Service.