CASH-AND-CARRY CLAUSE

CASH-AND-CARRY CLAUSE

cash-and-carry clause. Int’l law. A regulation that, before U.S. involvement in World War II, allowed belligerent countries to pay cash for goods whose export was prohibited. ? Formally, this regulation was entirely neutral, but in practice it favored Great Britain.
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Carl, Chinese legal translator, specializes in translating legal documents pertaining to complex business disputes.