Related Entries of the International Encyclopedia:

1. Customs Trade Regulations Law of Similars and the GATT Policy Negotiations In relation to the GATT Policy Negotiations, Christopher Mark (1993) provided the following explanation and/or definition of Law of Similars: Regulations limiting importation of a product or altering its tariff treatment if a "similar" [...]...
2. Multilateral Trade Negotiations Negotiations among many nations acting in concert for the purpose of reducing trade barriers. Since the inception of the General Agreement on Tariffs and Trade (read about the GATT for further details). in 1947, the mos......
3. Customs Classification Customs Classification and the GATT Policy Negotiations In relation to the GATT Policy Negotiations, Christopher Mark (1993) provided the following explanation and/or definition of Customs Classification: The determination of the appropriate category in which a traded product is classified for [...]...
4. Exceptions Products specifically exempted from trade liberalization, such as duty reductions; usually, exceptions are made to protect domestic industries that would suffer serious harm from increased imports.......
5. Tokyo Declaration The pronouncement of a 1973 gathering in Tokyo of foreign, finance, and trade ministers of the major industrial nations, meeting to discuss economic and trade problems. The joint communique issued by the ministers called for increased trade through the elimination of tariff and nontariff [...]...
6. Customs Harmonization Customs Harmonization and the GATT Policy Negotiations In relation to the GATT Policy Negotiations, Christopher Mark (1993) provided the following explanation and/or definition of Customs Harmonization: Intemational efforts to increase the uniformity of customs procedures such as valuation, [...]...
7. Disarmament conventions Contents Disarmament conventions Agreement between the United Kingdom of Great Britain and Northern Ireland, the European Atomic Energy Community and ... Read more...
8. Transaction Value The primary method of valuing goods for customs purposes under the Customs Valuation Agreement (read this and related legal terms for further details).......
9. Dutiable Status A determination made by customs authorities, in accordance with the laws of the importing nation, as to whether a given imported article is subject to duty, and if so, at what rate. The dutiable status is determined by classifying the merchandise, i.e., determining into which category the [...]...
10. Customs Value Customs Value and the GATT Policy Negotiations In relation to the GATT Policy Negotiations, Christopher Mark (1993) provided the following explanation and/or definition of Customs Value: A method of valuing imported goods which excludes shipping costs from the final price....
11. Most-favored-nation A privilege granted to a nation to have customs duties levied upon its products at the lowest rate offered to any other nation. Customarily, the extension of most favored nation status is reciprocal. See tariff (Customs).......
12. East- West Trade A general reference to trade between the industrial nations of the West, particularly those nations that are members of the Organization for Economic Cooperation and Development ("https://lawin.org/list-of-international-trade-law-terms/">read this and related legal terms for [...]...
13. Preemption The prerogative of customs authorities to seize and sell merchandise that an importer has deliberately undervalued to avoid payment of dudes.......
14. Computed Value Computed Value and the GATT Policy Negotiations In relation to the GATT Policy Negotiations, Christopher Mark (1993) provided the following explanation and/or definition of Computed Value: (Not to be confused with constructed value.) An alternative method permitted by the Customs Valuation [...]...
15. Superdeductive A procedure authorized by U.S. Customs in ascertaining the deductive value of merchandise for assessment of ad valorem duties; deductive valuation is an alternative valuation method specified in the customs valuation agreement (...
16. Free List A listing of all commodities on which no customs duties are imposed.......
17. Torquay Round Detais can be found in General Agreement on Tariffs and Trade).......
18. Customs Procedures Customs and Administrative Entry Procedures and the GATT Policy Negotiations In relation to the GATT Policy Negotiations, Christopher Mark (1993) provided the following explanation and/or definition of Customs and Administrative Entry Procedures: Formalities applying to customs clearance of [...]...
19. Havana Charter Detais can be found in General Agreement on Tariffs and Trade).......
20. Tariff (Customs) A document issued by a nation's customs authority principally for the purpose of specifying rates of duty to be applied on various imported products. A tariff customarily also includes quantitative restrictions (quotas) upon certain imports, preferential duties on products imported from specifie......
21. Countervailing Charge Countervailing Charge and the GATT Policy Negotiations In relation to the GATT Policy Negotiations, Christopher Mark (1993) provided the following explanation and/or definition of Countervailing Charge: A charge in addition to normal import duties that may be imposed under the European [...]...
22. Offer List A list of products, usually prepared in conjunction with multilateral trade negotiations, upon which a nation is prepared to negotiate trade liberalization; the list may also identify products that are to be specifically exempted from discussion.......
23. Dillon Round A series of multinational trade discussions conducted during 1960-1962 under the sponsorship of the general agreement of tariffs and Trade (read this and related legal terms for further details). The principal result of ......
24. Graduation Summary of Graduation The act of recognition by the world community that formerly less developed Countries (read this and related legal terms for further details) have undergone sufficient economic development to be regarded as "developed"or industrialized nations. The recognition [...]...
25. Principal Supplier A nation that serves as the major source of supply to another country for a specific product.......
26. Quantitative Restriction A limitation on the quantity of a given commodity that may be imported into a country during a specified period of time. A quantitative restriction is manifested as a Quota ("https://lawin.org/list-of-international-trade-law-terms/">read this and related legal terms for further [...]...
27. Ministerial Declaration Ministerial Declaration and the GATT Policy Negotiations In relation to the GATT Policy Negotiations, Christopher Mark (1993) provided the following explanation and/or definition of Ministerial Declaration: A decision by trade ministers of GATT members to launch a GATT Round of multilateral [...]...
28. Quadrilateral Quadrilateral ("Quad") and the GATT Policy Negotiations In relation to the GATT Policy Negotiations, Christopher Mark (1993) provided the following explanation and/or definition of Quadrilateral ("Quad"): In GATT parlance, a meeting involving senior trade officials or [...]...
29. Related Specificity A rule of customs law that when two or more tariff provisions might be applied to an item, the one that most specifically describes the article shall be applied.......
30. Sovereign The supreme political power that, within its own defined geographical boundaries, is accountable to no authority higher than its own.......
31. Margin of Preference Margin of Preference and the GATT Policy Negotiations In relation to the GATT Policy Negotiations, Christopher Mark (1993) provided the following explanation and/or definition of Margin of Preference: The difference between the duty paid under a system of tariff preferences and the duty [...]...
32. Contracting Party Contracting Party and the Treaties of the European Union Description of Contracting Party provided by the European Union Commission: A contracting party is a State or an Intergovernmental Organisation or other entity with treaty making capacity that has expressed its consent to be bound by a [...]...
33. General Tariff A tariff schedule in which a single rate of duty applies to a given commodity irrespective of the country of origin. A general tariff makes no provision for preferential duties.......
34. Kyoto Convention An international agreement, sponsored by the Customs cooperation Council (read this and related legal terms for further details), the object of which is to harmonize the methods and procedures of national customs authori......
35. Trade War Introduction to Trade War Trade War, economic tug-of-war between nations in which each side tries to limit the other's exports while flooding the other's market with its own goods." (1) Resources Notes and References Information about "http://lawi......
36. Andean Trade Preferences Arrangement Andean Trade Preferences Arrangement (ATPA) and the GATT Policy Negotiations In relation to the GATT Policy Negotiations, Christopher Mark (1993) provided the following explanation and/or definition of Andean Trade Preferences Arrangement (ATPA): A non-reciprocal preferential [...]...
37. Exonerated Cargo Otherwise dutiable merchandise permitted duty-free entry into certain countries in furtherance of a defined governmental policy. Usually such imports are raw materials or unfinished articles not locally available but deemed essential to local industry. The exonerations are, effectively, [...]...
38. Free Trade Area Summary of Free Trade Area An association of states that seeks to overcome impediments to trade among members by reducing or eliminating tariffs among the participants. The members of a free trade area do not maintain a common external tariff nor do they (usually) provide for the free flow [...]...
39. Consular Fees Consular Fees and Formalities and the GATT Policy Negotiations In relation to the GATT Policy Negotiations, Christopher Mark (1993) provided the following explanation and/or definition of Consular Fees and Formalities: Special charges and procedures --such as documents that must be approved by [...]...
40. Nondumping Certificate A seller's certification, either in the form of a separate document or as a notation upon the invoice, that the merchandise described is being sold at a price no lower than that applicable to like sales in the country of origin. The purpose of the certification is to allay concerns of [...]...
41. GATT Standing Committee GATT Standing Committee and the GATT Policy Negotiations In relation to the GATT Policy Negotiations, Christopher Mark (1993) provided the following explanation and/or definition of GATT Standing Committee: A permanent body of GATT members dealing with a specific area of trade policy. Includes [...]...
42. Treaty of Rome Treaty Of Rome Summary of Treaty Of Rome The document, signed at Rome in 1957 (effective January 1, 1958), by which the six founding states established the European Economic Community (read this and related legal terms for further details). (Main Author: William J. Miller) The Treaty of [...]...
43. Auto Pact Auto Pact and the GATT Policy Negotiations In relation to the GATT Policy Negotiations, Christopher Mark (1993) provided the following explanation and/or definition of Auto Pact: (Formally known as the Automotive Products Trade Agreement.) A bilateral agreement signed in 1965 between the [...]...
44. Concessions Schedule of Concessions and the GATT Policy Negotiations In relation to the GATT Policy Negotiations, Christopher Mark (1993) provided the following explanation and/or definition of Schedule of Concessions: A list of import duties applicable to specific goods which a GATT Contracting Party [...]...
45. Functioning of the GATT System Functioning of the GATT System (FOGS) and the GATT Policy Negotiations In relation to the GATT Policy Negotiations, Christopher Mark (1993) provided the following explanation and/or definition of Functioning of the GATT System (FOGS): Designation for a negotiating group in the Uruguay Round [...]...
46. Column 2 Rate The rate of duty applied by U.S. Customs to imports from nations not enjoying Most Favored Nation (read this and related legal terms for further details) status. The Column 2 rate is the statutory rate of duty provided i......
47. Kennedy Round A series of international trade discussions commencing in Geneva in May 1964, under the auspices of the General Agreement on Tariffs and Trade (read about the GATT for further details). The discussions were prompted by ......
48. Protocol Relating to Trade Negotiations Among Developing Countries Protocol Relating to Trade Negotiations Among Developing Countries and the GATT Policy Negotiations In relation to the GATT Policy Negotiations, Christopher Mark (1993) provided the following explanation and/or definition of Protocol Relating to Trade Negotiations Among Developing Countries: [...]...
49. State Trading Nations State Trading Nations and the GATT Policy Negotiations In relation to the GATT Policy Negotiations, Christopher Mark (1993) provided the following explanation and/or definition of State Trading Nations: Countries that rely on government entities instead of private corporations to conduct their [...]...
50. Industrial Property Summary of Industrial Property Intangible property such as patents and trademarks.(Main Author: William J. Miller) Spanish Translation of industrial property This is the legal translation of English to Spanish in relation to industrial property and / or a definition of this [...]...
51. Marking Duties A special duty, in addition to ordinary duties, imposed upon merchandise not properly marked so as to indicate to the ultimate purchaser the country of origin. Section 304 of the Tariff Act of 1930, as amended, requires that the country-of-origin marking be legible, indelible, and permanent. [...]...
52. Double Column Tariff Double-Column Tariff and the GATT Policy Negotiations In relation to the GATT Policy Negotiations, Christopher Mark (1993) provided the following explanation and/or definition of Double-Column Tariff: A tariff schedule listing two duty rates for some or all commodities. In any given case, the [...]...
53. GATT Codes GATT Codes and the GATT Policy Negotiations In relation to the GATT Policy Negotiations, Christopher Mark (1993) provided the following explanation and/or definition of GATT Codes: Agreements negotiated under GATT auspices to remove or lessen the trade-distorting effects of nontariff measures [...]...
54. Bilateral Investment Treaty Bilateral Investment Treaty (BIT) and the GATT Policy Negotiations In relation to the GATT Policy Negotiations, Christopher Mark (1993) provided the following explanation and/or definition of Bilateral Investment Treaty (BIT): An agreement between two countries providing for nondiscriminatory [...]...
55. Consultations Consultations and the GATT Policy Negotiations In relation to the GATT Policy Negotiations, Christopher Mark (1993) provided the following explanation and/or definition of Consultations: Any GATT member that believes its trade interests have been adversely affected by changes in the trade [...]...
56. Flexible Tariff Special Drawing Ria customs tariff in which rates of duty can be raised or lowered by administrative action. In the United States the Reciprocal Trade Agreements Act of 1934 and other legislation have authorized the President to adjust duty rates downward in response to concessions from other nation......
57. Single-Column Tariff Single-Column Tariff and the GATT Policy Negotiations In relation to the GATT Policy Negotiations, Christopher Mark (1993) provided the following explanation and/or definition of Single-Column Tariff: A tariff schedule specifying only one rate of duty for each imported commodity....
58. Rectifications Rectifications and the GATT Policy Negotiations In relation to the GATT Policy Negotiations, Christopher Mark (1993) provided the following explanation and/or definition of Rectifications: Changes made in a country's schedule of GATT concessions, usually .involving correction of errors but [...]...
59. User Fee User Fee and the GATT Policy Negotiations In relation to the GATT Policy Negotiations, Christopher Mark (1993) provided the following explanation and/or definition of User Fee: A fee for a service --such as the provision of customs operations by the government of the importing country [...]...
60. De Facto Membership De Facto Member of GATT and the GATT Policy Negotiations In relation to the GATT Policy Negotiations, Christopher Mark (1993) provided the following explanation and/or definition of De Facto Member of GATT: A former dependency of a GATT member that since attaining independence has applied the [...]...
61. Trade Opportunities Program An export promotion service of the U.S. Department of Commerce, International Trade Administration. U.S. firms interested in marketing abroad may list their products with the International Trade Administration; this data will be retained in IT A computers and matched with inquiries received by [...]...
62. Chicken War A protracted dispute between the United States and the European Economic Community arising from the adoption of Europe's COMMON AGRICULTURAL POLICY (read this and related legal terms for further details) on chicken i......
63. Customs Waters That portion of the high seas, not to exceed twelve miles from shore, within which law enforcement personnel of the United States are authorized to board foreign craft to enforce American laws. In those cases where a treaty between the United States and another state authorizes boarding in an area o......
64. Export Quota Agreement An arrangement arising under an international commodity agreement whereby each participating exporting nation is allocated a portion of the market. Participating importing nations agree to limit imports from nonmember nations. The object of the system is to maintain price stability, thus [...]...
65. Counterfeit Code Counterfeit Code and the GATT Policy Negotiations In relation to the GATT Policy Negotiations, Christopher Mark (1993) provided the following explanation and/or definition of Counterfeit Code: A draft agreement, initiated in the closing stages of the Tokyo Round but never concluded, which [...]...
66. Structural Impediments Initiative Structural Impediments Initiative (SII) and the GATT Policy Negotiations In relation to the GATT Policy Negotiations, Christopher Mark (1993) provided the following explanation and/or definition of Structural Impediments Initiative (SII): A series of bilateral negotiations begun in 1989 by the [...]...
67. Arms Control Conventions Contents Arms Control international Conventions Rules of Warfare, Arms Control multilateral conventions Instructions for the Government of Armies of the ... Read more...
68. Customs Cooperation Council An international organization established for the purpose of harmonizing the customs procedures and techniques of member countries. The agency is concerned with the mechanics of customs administration and is not involved in matters relating to tariff levels or similar substantive economic [...]...
69. Deductive Value Deductive Value and the GATT Policy Negotiations In relation to the GATT Policy Negotiations, Christopher Mark (1993) provided the following explanation and/or definition of Deductive Value: An alternative method of valuing imported merchandise for customs purposes, permitted under the Customs [...]...
70. Tied Loan A loan to a foreign nation or firm that requires the proceeds of the loan to be spent only in the creditor nation. Such an arrangement stimulates the economy of the country making the loan. The debtor nation, however, because it is constrained in spending the funds, may encounter higher prices [...]...
71. GATT Round GATT Round and the GATT Policy Negotiations In relation to the GATT Policy Negotiations, Christopher Mark (1993) provided the following explanation and/or definition of GATT Round: A cycle of multilateral trade negotiations conducted under the auspices of the GATT. Each Round has constituted a [...]...
72. Ad Valorem Equivalent Ad Valorem Equivalent (A VE) and the GATT Policy Negotiations In relation to the GATT Policy Negotiations, Christopher Mark (1993) provided the following explanation and/or definition of Ad Valorem Equivalent (A VE): A specific duty expressed in terms of a percentage of the value of the [...]...
73. Forum Shopping Forum Shopping and the GATT Policy Negotiations In relation to the GATT Policy Negotiations, Christopher Mark (1993) provided the following explanation and/or definition of Forum Shopping: Refers to the ability of countries to take advantage of differing procedures fordispute settlement under [...]...
74. Annecy Round Annecy Round and the GATT Policy Negotiations In relation to the GATT Policy Negotiations, Christopher Mark (1993) provided the following explanation and/or definition of Annecy Round: The second GATT Round of multilateral trade negotiations, held in...
75. Conventional International Law International law that has arisen as the product of treaties or formal agreements among nations, as compared with international law that has developed through custom and usage over time.......
76. Compound Duty Cross-reference: Duty......
77. Prohibitive Duty A rate of duty so high as to effectively preclude entry of an item. Generally, prohibitive duties increase the selling price to such a level that the item cannot compete with domestic substitutes. Prohibitive duties are designed to protect domestic infant or ailing industries from vigorous [...]...
78. Conventional Resources See Also As to conventional Estates Interest Mortgage Subrogation and Trustee...
79. Compensatory Duty Cross-reference: Duty.......
80. Countervailing Duty Countervailing Duty (CVD) and the GATT Policy Negotiations In relation to the GATT Policy Negotiations, Christopher Mark (1993) provided the following explanation and/or definition of Countervailing Duty (CVD): A special duty levied on imports to enable domestic producers to compete on an [...]...
81. Conventional Weapons Conventional Weapons in 2013 United States views on international law [1] in relation to Conventional Weapons: See Chapter 19.J. for discussion of the conclusion of the Arms Trade Treaty in 2013. On October 29, 2013, Christopher Buck, Alternate Representative for the U.S. delegation to the [...]...
82. Ad Valorem Duty Any duty that is expressed as a percentage of the value of the imported merchandise. Most customs duties, particularly in the developed nations, are ad valorem duties.......
83. Autonomous Duty A rate of duty imposed by law, as contrasted with concessional duties which arise as the result of treaty or other international agreement.......
84. Bound Duty A rate of duty that a nation agrees it will not raise without the concurrence of its trading partners.......
85. Differential Duty A rate of duty on a given commodity that varies according to the country of origin.......
86. Discriminating Duty Synonymous with DIFFERENTIAL DUTY (read this and related legal terms for further details).......
87. Duty Liability The obligation to the government that arises from the importation of dutiable merchandise. Unpaid duties constitute a personal obligation to the government and may be satisfied from any assets of the importer or his estate. The government retains a lien upon the imported merchandise pending satisfac......
88. Duty A tax imposed by governmental authority on goods imported. The amount of the duty imposed on any given article is prescribed in the nation's [...]...
89. Export Duty A tax imposed on exports. This mechanism serves as a source of government revenue and is imposed by some countries on a limited number of products. Export duties are expressly forbidden by the U.S. Constitution.......
90. Specific Duty Cross-reference: Duty......
91. Customs Duty Spanish Translation of exemption from customs dutyThis is the legal translation of English to Spanish in relation to exemption from customs duty and / or a definition of this topic: Franquicia Aduanera (in Spanish, without translation of the dictionary entry)....
92. Anticircumvention Duty Anticircumvention Duty and the GATT Policy Negotiations In relation to the GATT Policy Negotiations, Christopher Mark (1993) provided the following explanation and/or definition of Anticircumvention Duty: A term used by the European Community for penalty charges imposed on the output of [...]...
93. Duty Laws In the United States For information about Duty laws in the context of international trade, click here...
94. Treaty on Conventional Armed Forces in Europe   Article I 1. Each State Party shall carry out the obligations set forth in this Treaty in accordance with its provisions, including those obligations relating to the following five categories of conventional armed forces: battle tanks, armoured combat vehicles, artillery, combat [...]...
95. Treaty on Conventional Armed Forces in Europe 2 Contents Treaty on Conventional Armed Forces in Europe   Article III 1. For the purposes of this Treaty, the States ... Read more...
96. Treaty on Conventional Armed Forces in Europe 4 Contents Treaty on Conventional Armed Forces in Europe   Article IX 1. Other than removal from service in accordance with ... Read more...
97. Treaty on Conventional Armed Forces in Europe 5 Contents Treaty on Conventional Armed Forces in Europe   Article XI 1. Each State Party shall limit its armoured vehicle ... Read more...
98. Statutory Rate Of Duty The rate of duty on the given product specified by the Smoot- Hawley Act (read this and related legal terms for further details) of 1930. The rates established by this act are applied to Column 2 countries, i.e., those t......
99. Antidumping Duty Antidumping Duty and the GATT Policy Negotiations In relation to the GATT Policy Negotiations, Christopher Mark (1993) provided the following explanation and/or definition of Antidumping Duty: A penalty charge on imports to protect domestic industry against disruptive pricing practices by [...]...
100. Duty Remission Duty Remission and the GATT Policy Negotiations In relation to the GATT Policy Negotiations, Christopher Mark (1993) provided the following explanation and/or definition of Duty Remission: A system allowing a firm to import goods into a country for processing and, when exported to a third [...]...
101. Duty Suspension Duty Suspension and the GATT Policy Negotiations In relation to the GATT Policy Negotiations, Christopher Mark (1993) provided the following explanation and/or definition of Duty Suspension: A temporary , unilateral reduction in tariffs. Duties are sometimes suspended to ease shortages of [...]...
102. Duty Drawback Duty Drawback and International Trade Resources See Also drawback...
103. Duty-free In the United States For information about Duty-free in the context of international trade, click here...
104. Rates of Duty In the United States For information about Rates of duty in the context of international trade, click here...
105. Duty of Care Duty of Care in Aging Law Concept of Duty of Care in the context of Community Health Care and Services for Older Persons, published by the World Health Organization (WHO):A legal requirement that a person act towards others and the public with the watchfulness, attention, caution and prudence [...]...
106. Import Duty Import Duty in International Trade Meaning of Import Duty, according to the Dictionary of International Trade (Global Negotiator): Any tax on items imported. See also tariff....
107. Duty Owed References See Also Tort Product Liability Resources See Also Tort Product Liability...
108. Fiduciary Duty Fiduciary Duty: Main Elements The coverage of Fiduciary Duty includes the following element(s): Fiduciary Duty For detailed information on this issue, please read the corresponding entry. References See Also Business Law (in international or comparative law) Business Organizations (in [...]...
109. Civic Duty Literature Review on Civic Duty In the Encyclopedia of Public Administration and Public Policy, [1] Vera Vogelsang-Coombs and Larry Bakken provide the following summary about the topic of Civic Duty: This entry discusses the civic duty of public administrators, based on legal, ethical, and [...]...
110. Active Duty Description of Active Duty In this reference work, active duty is a sort of the Military law category. Resources See Also Positive Duty Under Duty Military law...
111. Breach of Duty Resources See Also Non-support...
112. Judicial Duty Resources See Also Judicial act Judicial action Judicial discretion...
113. Treaty on Conventional Armed Forces in Europe 3 Contents Treaty on Conventional Armed Forces in Europe   Article V 1. To ensure that the security of each State ... Read more...
114. Treaty on Conventional Armed Forces in Europe 6 Contents Treaty on Conventional Armed Forces in Europe   Article XIV 1. For the purpose of ensuring verification of compliance ... Read more...
115. Treaty on Conventional Armed Forces in Europe 7 Contents Treaty on Conventional Armed Forces in Europe   Article XVII The States Parties shall transmit information and notifications required ... Read more...
116. Delivered Duty Paid Spanish Translation of delivered duty paidThis is the legal translation of English to Spanish in relation to delivered duty paid and / or a definition of this topic: D.D.P. (in Spanish, without translation of the dictionary entry)....
117. Delivered Duty Unpaid Spanish Translation of delivered duty unpaidThis is the legal translation of English to Spanish in relation to delivered duty unpaid and / or a definition of this topic: D.D.U. (in Spanish, without translation of the dictionary entry)....
118. Active-operations Duty Description of Active-operations Duty In this reference work, active-operations duty is a sort of the Maritime law category. Resources See Also Turnover Duty; Intervention Duty Shipping Maritime law...
119. Anti-dumping Duty Resources See Also Dumping Act...
120. Gross Neglect of Duty Resources See Also Desertion Non-support...