Search results for: “normal price”
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Normal Price
Within the scope of the Brussels Definition Of Value (read this and related legal terms for further details), the value basis upon which ad valorem duties will be assessed on imports. The normal price is the price the go…
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Normal Price
Within the scope of the Brussels Definition Of Value (read this and related legal terms for further details), the value basis upon which ad valorem duties will be assessed on imports. The normal price is the price the go…
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Normal Valu
Normal Valu in International Trade Meaning of Normal Valu, according to the Dictionary of International Trade (Global Negotiator): A customs term meaning the price at which merchandise is sold or offered for sale in principal markets of the country from which it is exported. In some countries […]
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Normal Valu
Normal Valu in International Trade Meaning of Normal Valu, according to the Dictionary of International Trade (Global Negotiator): A customs term meaning the price at which merchandise is sold or offered for sale in principal markets of the country from which it is exported. In some countries […]
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World Price
The price at which a given commodity is selling internationally under market conditions in effect at the time of sale. To provide a valid comparison between prices, the world price quoted must normally include quality, location, and perhaps other factors, depending upon the commodity….
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Ever-Normal Granary
An agricultural price stabilization scheme predicated upon the principle that excess output in years of plenty should be taken off the market, to keep farm prices high and to avoid scarcities during periods of agricultural shortfalls….
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Constructed Price
A value for customs purposes that ignores the invoice price of the merchandise but is derived by computing the cost inputs of the product (materials plus reasonable manufacturing expenses in the country of origin plus a profit factor), to which are added the normal costs associated with preparing th…
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Brussels Definition Of Value
A system for the valuation of imports for the application of ad valorem duties, adopted in 1953 following attempts to establish a European customs union. The European Customs Union Study Group submitted to the contracting states the Convention on the Valuation of Goods for Customs Purposes, along w…
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Common Agricultural Policy
Common agricultural policy (CAP) and the Treaties of the European Union Description of Common agricultural policy (CAP) provided by the European Union Commission: The common agricultural policy is a matter reserved exclusively for the Community. Under Article 33 of the Treaty establishing the […]
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Common Agricultural Policy
Common agricultural policy (CAP) and the Treaties of the European Union Description of Common agricultural policy (CAP) provided by the European Union Commission: The common agricultural policy is a matter reserved exclusively for the Community. Under Article 33 of the Treaty establishing the […]
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Export Subsidy
Summary of Export Subsidy A direct payment, tax relief, or other incentive provided by a government to encourage export sales. The use of such devices is apt to be regarded as undesirable by the importing nation and may result in the imposition of Countervailing Duties (read this legal term […]
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Export Subsidy
Summary of Export Subsidy A direct payment, tax relief, or other incentive provided by a government to encourage export sales. The use of such devices is apt to be regarded as undesirable by the importing nation and may result in the imposition of Countervailing Duties (read this legal term […]
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Buffer Stock
Summary of Buffer Stock A commodity stockpile controlled by one or more nations for the purpose of stabilizing world prices of that particular commodity. The commodity is released into the market as world prices increase and is purchased for the stockpile as prices decline. The […]