Noncompetitive Imports: A term used by the Economic Research Service in its reporting of agricultural trade statistics to refer to imports of commodities not produced in the United States. Commodities such as tea, bananas, or coffee are considered noncompetitive imports. In contrast, imported commodities that are also produced in the United States are referred to as competitive imports.

 

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Noncompetitive Imports: A term used by the Economic Research Service in its reporting of agricultural trade statistics to refer to imports of commodities not produced in the United States. Commodities such as tea, . . . View Full Definition

Noncompetitive Bid: Investors who can't or don't wish to meet the minimum purchase requirements for competitive bidding on Treasury bills or notes may enter a noncompetitive bid. You can invest as little as $1, . . . View Full Definition

Competitive Imports: A term used by the Economic Research Service in its reporting of agricultural trade statistics to describe imports that are similar to and therefore competitive (in contrast to non-competiti . . . View Full Definition