National Association of Securities Dealers Automated Quotation system (Nasdaq): An automated information network that provides brokers and dealers with price quotations on the approximately 5,000 most active securities traded over the counter.

New Deal: U.S. economic reform programs of the 1930s established to help lift the United States out of the Great Depression. 119

New York Stock Exchange: The world's largest exchange for trading stocks and bonds.

Nontariff barrier: Government measures, such as import monitoring systems and variable levies, other than tariffs that restrict imports or that have the potential for restricting international trade.

Open trading system: A trading system in which countries allow fair and nondiscriminatory access to each other's markets.