Copyright © Philip M. Parker, INSEAD. Terms of Use.

| Domain | Definition |
Agriculture | 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 to as the "three-step competitiveness" provisions. Step 1 is the discretionary authority for USDA to reduce the adjusted world price (used in the cotton marketing assistance loan program) when world prices are declining to near the adjusted world price, but U.S. prices are higher than world prices. Though rarely used, the Step 1 adjustment is intended to make marketing loans more effective in keeping U.S. cotton globally competitive. Step 2 payments, sometimes referred to as the "user marketing certificate program," are made to U.S. cotton users and exporters when U.S. prices are higher than world prices. Step 2 payments are intended to bridge price gap and keep U.S. cotton competitive. Step 3 mandates the opening of a "special import quota" when the differential between the higher U.S. price for cotton and the lower price for foreign cotton extends for a specified length of time. Its purpose is to allow imports to enter, acting to lower U.S. prices to bring them more in line with world prices. Step 3 quotas were in effect in April-May 1995, from late October 1995 through early May 1997, and were triggered in late February 1999. A step 3 quota cannot be established if a limited global quota for upland cotton is in effect, which operates differently and is triggered when other price conditions are met. (references) |
Source: compiled by the editor from various references; see credits. | |
Crosswords: COTTON COMPETITIVENESS PROVISIONS |
| Specialty definitions using "COTTON COMPETITIVENESS PROVISIONS": Limited global quota for upland cotton ♦ Step 2 payments. (references) |
Hexadecimal (or equivalents, 770AD-1900s) (references)43 4F 54 54 4F 4E      43 4F 4D 50 45 54 49 54 49 56 45 4E 45 53 53      50 52 4F 56 49 53 49 4F 4E 53 |
| Leonardo da Vinci (1452-1519; backwards) (references)
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Binary Code (1918-1938, probably earlier) (references)01000011 01001111 01010100 01010100 01001111 01001110 00100000 01000011 01001111 01001101 01010000 01000101 01010100 01001001 01010100 01001001 01010110 01000101 01001110 01000101 01010011 01010011 00100000 01010000 01010010 01001111 01010110 01001001 01010011 01001001 01001111 01001110 01010011 |
HTML Code (1990) (references)C O T T O N   C O M P E T I T I V E N E S S   P R O V I S I O N S |
ISO 10646 (1991-1993) (references)0043 004F 0054 0054 004F 004E      0043 004F 004D 0050 0045 0054 0049 0054 0049 0056 0045 004E 0045 0053 0053      0050 0052 004F 0056 0049 0053 0049 004F 004E 0053 |
Encryption (beginner's substitution cypher): (references)3749545449482374947503954435443563948395353250524956435343494853 |
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Copyright © Philip M. Parker, INSEAD. Terms of Use.