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Acronym:
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Industry Term:
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Explanation and/or Links:
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ABC
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American Beef Club
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USMEF program in Eastern Europe to highlight quality of U.S. corn-fed beef.
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AQL
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Acceptable Quality Levels
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AR
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Authorization Request
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Cattlemen’s Beef Board document authorizing spending of checkoff funds
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BQA
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Beef Quality Assurance
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BSE
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Bovine Spongiform Encephalopathy
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http://bseinfo.org/
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CAB
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Certified Angus Beef
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http://www.certifiedangusbeef.com/
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CAP
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Common Agricultural Policy
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Applies to the European Union
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CCP
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Critical Control Point
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(See HACCP)
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CEECs
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Central and Eastern European Countries
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CIF
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Cost, Insurance and Freight
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CJD, vCJD
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Creutzfeldt-Jakob disease, variant Creutzfeldt-Jakob disease
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http://bseinfo.org/ (Best Resource)
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EEP
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Export Enhancement Program
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EU
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European Union
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http://europa.eu.int/index_en.htm
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FOB
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Free On Board, also referred to as Freight on Board. Seller pays for transportation of goods to the port of shipment, plus loading costs. Buyer pays freight, insurance, unloading costs and transportation from the port of destination.
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FMD
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USDA Foreign Market Development Program
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http://www.fas.usda.gov/mos/programs/fmdprogram.asp
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FMD
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Foot-and-Mouth Disease
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http://fmdinfo.org/
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FMIA
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Federal Meat Inspection Act
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FSU
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Former Soviet Union
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FTA
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Free Trade Agreement
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FTAA
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Free Trade Area of the Americas
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FTR
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Federal Travel Regulations
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GATT
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General Agreement on Tariffs and Trade
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GIS
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Gulf Independent States
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GMO
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Genetically Modified Organism
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HACCP
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Hazard Analysis Critical Control Points
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"Hilton"
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Term for a specific classification of beef
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Unofficial term summarizing this WTO definition: "Carcasses or any cuts obtained from bovine animals of less than 30 months of age which have been fed for at least 100 days on nutritionally balanced, high-energy-content rations containing not less than 70% grain and comprising at least 20 pounds total feed per day. Beef graded ‘choice’ or ‘prime’ according to the USDA standard automatically meets the above definition. Meat graded Canada A, Canada AA, Canada AAA, Canada Choice and Canada Prime… meets that definition.”
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HRI
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Hotel, Restaurant, Institutional
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Market segment
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HS Code
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Harmonized Code
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Universal numbering system for imports and exports.
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MAP
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Market Access Program
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Primary international development funding program; under USDA-FAS direction.
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MEG
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Meat Export Guarantee
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USMEF sponsored insurance plan, now inactive.
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MEP
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Member European Parliment
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MERCOSUR
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South American Free Trade Agreement
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MT
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Metric Ton
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One metric ton equals 2,204.62 pounds
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MTN
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Multi Trade Negotiations of the GATT
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NAFTA
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North American Free Trade Agreement
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PNTR
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Permanent Normal Trade Relations
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PO
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Purchase Order
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Among other things, a purchase order can authorize the spending of checkoff funds
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POS/POP
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Point of Sale/Point of Purchase
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Used somewhat interchangeably, POS is more often associated with HRI promotions, while POP is associated with retail promotions.
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PQA
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Pork Quality Assurance
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PR
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Public Relations
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PRV
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Pseudorabies Virus
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QSP
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Quality Samples Program
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SBS
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Simultaneous-Buy-Sell
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SMP
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Strategic Market Profile
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SPS
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Sanitary and Phytosanitary
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SRM
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Specific Risk Material
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Associated with BSE, SRM designates materials removed from a carcass that could pose a risk of contamination, such as (but not limited to) brain and spinal tissue.
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STE
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State Trading Enterprise
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Government-owned entity created for the purpose of promoting commodity export.
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TBT
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Technical Barriers to Trade
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TPA
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Trade Promotion Authority
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TPC or 3PC
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Third Party Cooperator
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A retail, HRI or trade partner who jointly funds (in cash or in kind) USMEF-sponsored promotions.
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TQM
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Total Quality Marketing
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USMEF basic strategic approach to assure that decisions about marketing strategy are market-driven, fact-based, analytical and evaluative.
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TRQ
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Tariff Rate Quota
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TSE
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Transmissable Spongiform Encephalopathies
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http://www.who.int/bloodproducts/tse/en/ (Also see BSE)
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UAE
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United Arab Emirates
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UES
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Unified Export Strategy
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Basic USDA-FAS fiscal year funding document that lays out strategic and tactical details by country.
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UK
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United Kingdom
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USTR
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U.S. Trade Representative
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VL
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Variable Levy
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