Brexit: food prices and availability Contents
Appendix 3: Glossary
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AGRI Committee |
The European Parliament’s Agriculture and Rural Development Committee |
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BRC |
British Retail Consortium |
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CHIEF |
Customs Handling of Import and Export Freight. A computer system used to record customs declarations |
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Defra |
Department for Environment, Food and Rural Affairs |
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EEA |
European Economic Area. The area in which the EU Single Market operates, which includes Iceland, Liechtenstein and Norway as well as EU countries |
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FTA |
Free trade agreement |
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MFN tariff |
Most-favoured-nation tariff. The standard tariff a country will impose on other WTO countries |
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NFU |
National Farmers’ Union |
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TRQ |
Tariff rate quota. The quota up to which a product will be subject to a lower tariff than would normally be applied |
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WTO |
World Trade Organization |