Automatic licensing
Automatic licensing means licensing to collect statistical and other factual information on imports or exports and where the approval for the application of a license is granted in all cases.
The licensing of imports or exports for which licenses are assured, for the purpose of gathering information, or as a holdover from when licenses were not automatic. Depending on how the licensing is administered, automatic licensing can add to the bureaucratic and/or time cost of trade.
Automatic licensing definition. (2024). Law Insider. URL: https://www.lawinsider.com/dictionary/automatic-licensing
Deardorff, A. V. (2016). A. Deardorffs' Glossary of International Economics. URL: https://websites.umich.edu/~alandear/glossary/a.html