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TeachMeFinance.com - explain International Emergency Economic Powers Act (IEEPA) International Emergency Economic Powers Act (IEEPA) The term 'International Emergency Economic Powers Act (IEEPA) ' as it applies to the area of agriculture can be defined as ' Title II of P.L. 95-223 (October 28, 1977) grants the President authority to regulate a comprehensive range of commercial and financial transactions with another country in order to deal with a threat to the national security, foreign policy, or economy of the United States, if the President declares a national emergency. This has been the basis for economic sanctions since expiration of the Export Administration Act'. Previous 5 Terms: Internal vibration International Atomic Energy Agency (IAEA) International Classification Of Diseases International commodity agreement International Date Line Next 5 Terms: International Geosphere-Biosphere Programme (IGBP) International Grains Agreement (IGA) International Grains Council (IGC) International Monetary Fund (IMF) International Nuclear Regulators Association (INRA) About the author Mark McCracken Author: Mark McCracken is a corporate trainer and author living in Higashi Osaka, Japan. He is the author of thousands of online articles as well as the Business English textbook, "25 Business Skills in English". Copyright © 2005-2011 by Mark McCracken, All Rights Reserved. TeachMeFinance.com is an informational website, and should not be used as a substitute for professional medical, legal or financial advice. Information presented at TeachMeFinance.com is provided on an "AS-IS" basis. Please read the disclaimer for details.