a b c d e f g h i j k l m n o p q r s t u v w y z search |
TeachMeFinance.com - explain Usual market requirements (UMR) Usual market requirements (UMR) The term 'Usual market requirements (UMR) ' as it applies to the area of agriculture can be defined as ' A measure of the import requirement of a country met through commercial purchases; usually defined as a five-year average. 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'.
About the author
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. |