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TeachMeFinance.com - explain State trading enterprises (STEs) State trading enterprises (STEs) The term 'State trading enterprises (STEs) ' as it applies to the area of agriculture can be defined as ' STEs are enterprises authorized to engage in trade (exporting and/or importing) that are owned, sanctioned, or otherwise supported by government. STEs are legitimate trading entities and are subject to GATT rules. Examples include the Canadian Wheat Board, the Australian Wheat Board, and the New Zealand Dairy Board. Some U.S. agricultural producers think, however, that STEs through their exercise of monopoly power and government support may distort trade in their respective commodities'. Previous 5 Terms: State rural development councils State severance taxes State Survey State Survey Agency State technical committee Next 5 Terms: State Uniform Billing Committee State Weather Roundup Static head Static Head statics About the author Mark McCracken Author: Mark McCracken is a corporate trainer and author living in Higashi Osaka, Japan. He is the author of thousands of online articles as well as the Business English textbook, "25 Business Skills in English". Copyright © 2005-2011 by Mark McCracken, All Rights Reserved. TeachMeFinance.com is an informational website, and should not be used as a substitute for professional medical, legal or financial advice. Information presented at TeachMeFinance.com is provided on an "AS-IS" basis. Please read the disclaimer for details.