Contents
General Tariff
Summary of 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.
(Main Author: William J. Miller)
General Tariff and the GATT Policy Negotiations
In relation to the GATT Policy Negotiations, Christopher Mark (1993) provided the following explanation and/or definition of General Tariff: A tariff that applies to countries that do not enjoy either preferential or most-favored-nation tariff treatment. Where the general tariff rate differs from the r..1FN rate, the general tariff is usually the higher rate. See Column 1 rate and Column 2 rate.
General Tariff in International Trade
Meaning of General Tariff, according to the Dictionary of International Trade (Global Negotiator): A tariff that applies to imports from other countries that do no not enjoy preferential or most-favoured-nation tariff treatment. Where the general tariff differs from the most favoured-nation rate, the general tariff is usually older and higher.
Related Entries of the International Encyclopedia:
- Applied Tariff Rate Applied Tariff Rate and the GATT Policy Negotiations In relation to the GATT Policy Negotiations, Christopher Mark (1993) provided the following explanation and/or definition of Applied Tariff Rate: The tariff rate actually used to determine the amount of duty owed on a particular import [...]...
- Tariff Rate Quota Tariff Rate Quota (TRQ) and the GATT Policy Negotiations In relation to the GATT Policy Negotiations, Christopher Mark (1993) provided the following explanation and/or definition of Tariff Rate Quota (TRQ): Alternative term for tariff quota....
- 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......
- Tariff Anomaly Tariff Anomaly and the GATT Policy Negotiations In relation to the GATT Policy Negotiations, Christopher Mark (1993) provided the following explanation and/or definition of Tariff Anomaly: A situation in which the tariff on raw materials or semi-manufactured goods is higher than the tariff on [...]...
- Torquay Round Detais can be found in General Agreement on Tariffs and Trade).......
- Havana Charter Detais can be found in General Agreement on Tariffs and Trade).......
- Freight Tariff Not Otherwise Specified (NOS) in International Trade Meaning of Not Otherwise Specified (NOS), according to the Dictionary of International Trade (Global Negotiator): This expression and abbreviation is often applied to air freight tariffs, indicates that the rate stated in the tariff applies [...]...
- Tariff Rate A rate for insurance coverage specifically prescribed by local regulation. Usually the rate is higher than might be derived through negotiations with a nonadmitted (read this and related legal terms for further details) ......
- Bound Rates Bound Rates and the GATT Policy Negotiations In relation to the GATT Policy Negotiations, Christopher Mark (1993) provided the following explanation and/or definition of Bound Rates: Most favored-nation tariff rates resulting from GATT negotiations and thereafter incorporated as integral [...]...
- 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 ......
- 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 ......
- Geneva Rounds Geneva Rounds and the GATT Policy Negotiations In relation to the GATT Policy Negotiations, Christopher Mark (1993) provided the following explanation and/or definition of Geneva Rounds: The first and fourth GATT Round of multilateral trade negotiations, held in Geneva, Switzerland. The [...]...
- Committee on Tariff Concessions Committee on Tariff Concessions in relation with International Trade In the context of trade organizations, Christopher Mark (1993) provided the following definition of Committee on Tariff Concessions: A GATT standing committee that reviews the results of tariff negotiations and oversees [...]...
- Conventional Duty A customs duty, or rate of duty, arising out of a treaty or other international agreement, as contrasted with an autonomous duty unilaterally imposed by a government absent of any international agreement.......
- Liner Tariff Reduction Liner Tariff Reduction in International Trade Meaning of Liner Tariff Reduction, according to the Dictionary of International Trade (Global Negotiator): A reduction by a given percentage for all tariffs maintained by countries participating in trade negotiations, with or without exceptions for [...]...
- Principal Supplier A nation that serves as the major source of supply to another country for a specific product.......
- Binding Binding and the GATT Policy Negotiations In relation to the GATT Policy Negotiations, Christopher Mark (1993) provided the following explanation and/or definition of Binding: A formal commitment specifying maximum levels at which a GATT member's tariffs on a given product will be set. [...]...
- Reduction Linear Reduction and the GATT Policy Negotiations In relation to the GATT Policy Negotiations, Christopher Mark (1993) provided the following explanation and/or definition of Linear Reduction: A tariff negotiating procedure based on reduction of tariffs by a specified percentage on an entire [...]...
- 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 [...]...
- Concession Summary of Concession An undertaking by one nation to reduce a tariff rate, increase a quota, or otherwise relieve an economic impediment to trade, usually in response to like concessions from trading partners. In addition to such reciprocal concessions, a nation may offer special duty [...]...
- Tariff Biding Tariff Biding in International Trade Meaning of Tariff Biding, according to the Dictionary of International Trade (Global Negotiator): Commitment not to increase a rate of duty beyond an agreed level. Once a rate of duty is bound, it may not be raised without compensating the affected parties....
- 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).......
- GATT Accession GATT Accession Summary of GATT Detais can be found in General Agreement on Tariffs and Trade). Accession Process The process was described by Christopher Mark in 1993: "Joining the GENERAL AGREEMENT ON TARIFFS AND TRADE is rarely a simple or straightforward matter --especially if the [...]...
- Tokyo Round The seventh, and latest, round of multilateral trade negotiations sponsored by the General Agreement on Tariffs and Trade (read about the GATT for further details). Running from 1973 to 1979, the Tokyo Round resulted in......
- 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 [...]...
- Border Tax Adjustments A refund or rebate of indirect taxes on merchandise, such as sales or value added taxes, when the goods are exported. Such rebates are authorized under the General Agreement on Tariffs and Trade ("https://lawin.org/General-Agreement-on-Tariffs-and-Trade/">read about the GATT [...]...
- Free Trade Agreement Free Trade Agreement and the GATT Policy Negotiations In relation to the GATT Policy Negotiations, Christopher Mark (1993) provided the following explanation and/or definition of Free Trade Agreement: An agreement between two or more countries establishing a free trade area (FTA)....
- 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: [...]...
- 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 [...]...
- Modes of Multilateral Tariff Negotiations This section provides an overview of modes of multilateral tariff negotiations within the legal context of Market Access (Customs Regulation) in international economic law (Main Regulatory Areas). Resources Further Reading Claudio Dordi, "Modes of Multilateral Tariff Negotiations," [...]...
- 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.......
- Formula Approach Formula Approach and the GATT Policy Negotiations In relation to the GATT Policy Negotiations, Christopher Mark (1993) provided the following explanation and/or definition of Formula Approach: A tariff negotiating procedure in which a general formula for calculating tariff reductions on all [...]...
- Modifications Modifications and the GATT Policy Negotiations In relation to the GATT Policy Negotiations, Christopher Mark (1993) provided the following explanation and/or definition of Modifications: Alteration or withdrawal of trade concessions previously made within GATT. Contracting Parties are [...]...
- Negotiations Item-by-Item Negotiations and the GATT Policy Negotiations In relation to the GATT Policy Negotiations, Christopher Mark (1993) provided the following explanation and/or definition of Item-by-Item Negotiations: A method of tariff negotiations in which the expected trade effects of each [...]...
- Degressivity Degressivity and the GATT Policy Negotiations In relation to the GATT Policy Negotiations, Christopher Mark (1993) provided the following explanation and/or definition of Degressivity: The characteristic of a trade restriction, which diminishes in severity over time. A degressive measure could [...]...
- Multilateral Steel Agreement Multilateral Steel Agreement (MSA) and the GATT Policy Negotiations In relation to the GATT Policy Negotiations, Christopher Mark (1993) provided the following explanation and/or definition of Multilateral Steel Agreement (MSA): A proposed agreement that would phase out tariffs, eliminate [...]...
- 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 [...]...
- Geneva Trade Conference Detais can be found in General Agreement on Tariffs and Trade).......
- Market Access Negotiations Market Access Negotiations and the GATT Policy Negotiations In relation to the GATT Policy Negotiations, Christopher Mark (1993) provided the following explanation and/or definition of Market Access Negotiations: In the context of the Uruguay Round as well as bilateral trade negotiations, [...]...
- Nontariff Barriers Nontariff Barriers (NTBs) and the GATT Policy Negotiations In relation to the GATT Policy Negotiations, Christopher Mark (1993) provided the following explanation and/or definition of Nontariff Barriers (NTBs): Measures other than tariffs that burden or restrict international trade. NTBs may [...]...
- Geneva Round Detais can be found in General Agreement on Tariffs and Trade).......
- Tariffs Introduction to Tariffs Tariff, tax levied by a government on imports and exports. The money collected from tariffs is called a customs duty. Although tariffs are a source of government revenue, tariffs are also used as part of political and economic policies. For example, import taxes protect [...]...
- Free List A listing of all commodities on which no customs duties are imposed.......
- 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 [...]...
- 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 [...]...
- Initial Negotiating Right Initial Negotiating Right (INR) and the GATT Policy Negotiations In relation to the GATT Policy Negotiations, Christopher Mark (1993) provided the following explanation and/or definition of Initial Negotiating Right (INR): A right held by a GA TT member to be compensated by another member if a [...]...
- Harmonized Tariff System In the United States For information about Harmonized Tariff System in the context of international trade, click here...
- 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 [...]...
- Grandfather Clause Grandfather Clause and the GATT Policy Negotiations In relation to the GATT Policy Negotiations, Christopher Mark (1993) provided the following explanation and/or definition of Grandfather Clause: A provision in the GATT and other trade agreements permitting signatories to retain domestic [...]...
- Multilateral Agreement Multilateral Agreement in International Trade Meaning of Multilateral Agreement, according to the Dictionary of International Trade (Global Negotiator): A international agreement involving three or more parties. For example, the GATT (General Agreement o Tariffs and Trade) has been, since its [...]...
- 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 [...]...
- Independent Action The reserved right of a carrier participating in a Conference (read this legal term for further details) or rate agreement to deviate unilaterally from the common tariff and publish its own rate for a given commodity. In those tariffs that permit ......
- 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 [...]...
- Subsidies Code A multilateral agreement arising out of the Tokyo Round of trade negotiations sponsored by the General Agreement on Tariffs and Trade (read about the GATT for further details), or GATT. The code, also known as the Agree......
- Import Restrictions Import Restrictions and the GATT Policy Negotiations In relation to the GATT Policy Negotiations, Christopher Mark (1993) provided the following explanation and/or definition of Import Restrictions: Measures to limit or control the volume of imports by means of tariffs ornontariff barriers [...]...
- GATS, general average and others GATS: General Agreement on Trade in Services. GATT 1947: General Agreement on Tariffs and Trade of 1947. GATT 1994: General ... Read more...
- Aircraft Agreement A product of the Tokyo Round of Multilateral Trade Negotiations, the Aircraft Agreement (known officially as the Agreement on Trade in Civil Aircraft) provides that sales of civil aircraft will be free of duty, effective January 1, 1980. The agreement also provides duty-free treatment for flight sim......
- 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......
- 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.......
- Harmonization Harmonization and the GATT Policy Negotiations In relation to the GATT Policy Negotiations, Christopher Mark (1993) provided the following explanation and/or definition of Harmonization: Cutting tariffs in a way that results in greater uniformity in rates applied to most items within each [...]...
- Tariff Reform Resources See Also International Trade Trade Regulation International Economic Law Export License International Trade Law Foreign Trade Safeguard Tariff Policy...
- Confrontation and Justification A mechanism employed during multinational trade negotiations to define the positions of the various national delegations. Typically, each participating nation submits to its trading partners a statement of views, proposed tariff cuts, et cetera. During a series of meetings each nation is [...]...
- Reciprocal Trade Agreements Program An act of Congress which authorized the president to reduce tariffs in exchange for like concessions by trading partners. The Reciprocal Trade Agreements Act of 1934, enacted as an amendment to the Smoot-Hawley Act (read thi......
- United States Trade Representative An office, with ambassadorial rank, created by Congress to direct U.S. trade negotiations during the Kennedy and Tokyo Rounds. Known previously as the special trade representative and the special representative for trade negotiations, the office was reorganized with expanded powers by Executive [...]...
- Civil Aircraft Agreement Civil Aircraft Agreement and the GATT Policy Negotiations In relation to the GATT Policy Negotiations, Christopher Mark (1993) provided the following explanation and/or definition of Civil Aircraft Agreement: Formally known as the Agreement on Trade in Civil Aircraft. The only sectoral [...]...
- Treatment Special and Differential Treatment (S&D) and the GATT Policy Negotiations In relation to the GATT Policy Negotiations, Christopher Mark (1993) provided the following explanation and/or definition of Special and Differential Treatment (S&D): Preferential treatment given to industrial countries [...]...
- 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 [...]...
- Tariffication Tariffication and the GATT Policy Negotiations In relation to the GATT Policy Negotiations, Christopher Mark (1993) provided the following explanation and/or definition of Tariffication: Conversion of a quota or other nontariff barrier (NTB) to a tariff providing an equivalent amount of [...]...
- Harmonized System of Tariff Nomenclature In the United States For information about Harmonized System of Tariff Nomenclature in the context of international trade, click here...
- Freer Trade History of Commercial Treaties: Freer TradeHopeful omens, however, began to appear. In 1934 the United States passed the Reciprocal Trade Agreement, by which the president was empowered to lower import duties on a country's goods if that country reciprocated. The United States thereby m......
- 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 [...]...
- Nonviolation Complaints Nonviolation Complaints and the GATT Policy Negotiations In relation to the GATT Policy Negotiations, Christopher Mark (1993) provided the following explanation and/or definition of Nonviolation Complaints: In GATT dispute settlement negotiations, refers to provisions allowing the Contracting [...]...
- Enabling Clause Enabling Clause and the GATT Policy Negotiations In relation to the GATT Policy Negotiations, Christopher Mark (1993) provided the following explanation and/or definition of Enabling Clause: Pan of the 1979 Framework Agreement providing a legal basis in GATT for industrial countries to grant [...]...
- General Agreement on Tariffs and Trade 9 Contents General Agreement on Tariffs and Trade Article XXXI Withdrawal Without prejudice to the provisions of paragraph 12 of ... Read more...
- 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 [...]...
- Request Approach Request/Offer Approach and the GATT Policy Negotiations In relation to the GATT Policy Negotiations, Christopher Mark (1993) provided the following explanation and/or definition of Request/Offer Approach: A tariff negotiating procedure whereby specific requests (e.g., cuts of a specified [...]...
- Horizontal Reduction Horizontal Reduction and the GATT Policy Negotiations In relation to the GATT Policy Negotiations, Christopher Mark (1993) provided the following explanation and/or definition of Horizontal Reduction: Negotiated cuts in tariff rates by the same percentage for all parties to an agreement. Also [...]...
- General Average Summary of General Average An ancient principle in international maritime law requiring a contribution by the vessel and cargo interests to pay for "extraordinary expenses and sacrifices"incurred in saving the vessel and its cargo. The term average derives from an Arabic word [...]...
- General Order A condition imposed upon merchandise that is imported into the customs territory of the United States but that is not promptly cleared through customs. General order merchandise is deposited in an approved warehouse pending disposition. Section 127 of the Customs Regulations governs the [...]...
- General Agreement on Trade in Services General Agreement on Trade in Services (GATS) History Geza Feketekuty argued that one "of the major achievements of the Uruguay Round of Multilateral Trade Negotiations was the negotiation of the General Agreement on Trade in Services (GATS), the first comprehensive framework for the [...]...
- Common External Tariff Summary of Common External Tariff The uniform customs tariff applied by all the member states of a customs union or common market to imports from nonmember nations.(Main Author: William J. Miller) Common External Tariff and the GATT Policy Negotiations In relation to the GATT [...]...
- General Average Security A cash deposit, surety, or other guarantee posted by or on behalf of a consignee for an obligation arising under General Average (read this legal term for further details). The steamship operator has the right to withhold release of cargo to ......
- General Endorsement Within the meaning of the Uniform Negotiable Instruments Law, the unconditional ENDORSEMENT (read this legal term for further details) of a negotiable instrument.......
- General License A privilege extended by the Federal government that permits exportation of various nonstrategic materials to certain countries without the necessity of formally applying for a validated export license. The general license is a legal illusion; no application is required and no document is issued. How......
- General Order Merchandise Goods that have arrived at a U.S. port of entry but have not been claimed or entered within the prescribed period after arrival. In most cases an importer must claim and enter merchandise within five working days following arrival of the goods. District directors of customs may authorize a longer pe......
- General Superintendence A generic term applied to any one of a number of firms associated with the Société Générale de Surveillance of Geneva. The basic responsibility of these offices is to inspect cargo to ensure compliance with the terms of purchase or import regulations. Several nations, as ......
- General Term Bond A surety provided by an importer to the U.S. Customs Service to cover duty obligations arising from the importation of merchandise. These bonds are issued in amounts over $100,000 by approved bonding firms and may be used to cover all of the firm's importations in any U.S. port.......
- General Agreement on Tariffs and Trade General Agreement on Tariffs and Trade (GATT) GATT was a series of multi-lateral treaties -- and an organization of the same name -- designed to regulate trade between the member nations. Definition of General Agreement On Tariffs And Trade In accordance with the work A Dictionary of Law, [...]...
- Tariff Commission For more details on United States International Trade Commission, click here.......
- 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 [...]...
- General Agreements To Borrow An arrangement among the GROUP OF TEN (read this and related legal terms for further details) nations to provide supplemental financing to the International Monetary Fund (...
- General Order 16 An order of the Federal Maritime Commission that permits the commission to hear and resolve certain disputes arising from shipping transactions under FMC jurisdiction. The order provides for a simplified procedure before a hearing officer, although a hearing before the full commission is authorized.......
- General Partnership Spanish Translation of general partnership This is the legal translation of English to Spanish in relation to general partnership and / or a definition of this topic: Sociedad Colectiva (in Spanish, without translation of the dictionary entry). General Partnership in International Trade [...]...
- General Jurisdiction In the United States For information about General jurisdiction in the context of international trade, click here Resources See Also Jurisdiction Resources See Also Further Reading Information about General Jurisdiction in the Encyclopedia of World Trade: from Ancient Times to the Present [...]...
- General Prohibitions In the United States For information about General prohibitions in the context of international trade, click here...
- General Average Contribution General Average Contribution in International Trade Meaning of General Average Contribution, according to the Dictionary of International Trade (Global Negotiator): The amount each party involved in a general average must contribute. Resources See Also Average (General average)...
- General Cargo Rate General Cargo Rate in International Trade Meaning of General Cargo Rate, according to the Dictionary of International Trade (Global Negotiator): The rate a carrier charges for the shipment of cargo that does not have a special class rate or commodity rate....
- General Cargo Vessels General Cargo Vessels in International Trade Meaning of General Cargo Vessels, according to the Dictionary of International Trade (Global Negotiator): A vessel designed to handle breakbulk cargo such as bags, cartons, cases, crates and drums, either individually or in unitized or palletized [...]...
- General Agreement on Tariffs and Trade resources Contents General Agreement on Tariffs and Trade (GATT) / World Trade Organization (WTO) resources Legal texts index A-Z Agreement Establishing ... Read more...
- 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......
- Linear Tariff Cut A reduction in customs tariffs, on an across-the-board basis, by a given percentage.......
- Memorandum Tariff An abstract of a freight tariff. This document, usually published by carriers in a given trade, contains selected rates and other information extracted from the official tariff. The purpose of a memorandum tariff is to highlight information of wide interest.......
- Scientific Tariff A concept in which duties would fluctuate and be levied on an item-by-item, shipment-by-shipment basis, so as to equalize the cost of imports and their domestic counterparts. The object of this plan is to put imported and domestic products on an equally competitive basis. To do so, however, would be......
- 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......
- Tariff Act Of 1930 Also known as the Smoot- Hawley Act, this established the highest rates of duty ever imposed by the United States. Its passage was essentially a response to domestic unemployment during the Depression and protectionist forces in the agricultural and certain manufacturing sectors. Other nations accom......
- Tariff Preferences Summary of Tariff Preferences Essentially synonymous with Trade Preferences (read this and related legal terms for further details).(Main Author: William J. Miller) Embracing mainstream international law, this section on tariff preferences explores the context, history and effect [...]...
- Unilinear Tariff Synonymous with general TARIFF (read this and related legal terms for further details). Union D'Assureurs Des Credits Inter- Nationaux. The full, formal name of the Berne Union (...
- Valuation Tariff A customs tariff in which ad valorem duties are applied not on the sale or commercial value of the merchandise, but on a nominal value for the product prescribed by governmental authority. For example, sheet steel might carry a duty of 5 percent ad valorem, but the tariff prescribes that the value f......
- Tariff Other Popular Tax Definitions in the World Legal Encyclopedia Adjusted Gross Income (sometimes, including Tariff) Ad Valorem Tax (sometimes, including Tariff) Alternative Minimum Tax (sometimes, including Tariff) Big Four (audit firms) (sometimes, including Tariff) Black Market (sometimes, [...]...
- Protective Tariff Spanish Translation of protective tariffThis is the legal translation of English to Spanish in relation to protective tariff and / or a definition of this topic: Bonificación Arancelaria (in Spanish, without translation of the dictionary entry)....
- Compound Tariff Compound Tariff and the GATT Policy Negotiations In relation to the GATT Policy Negotiations, Christopher Mark (1993) provided the following explanation and/or definition of Compound Tariff: A combination of a specific duty and an ad valorem tariff on the same imported item (e.g., $100 per [...]...
- Tariff Escalation Tariff Escalation and the GATT Policy Negotiations In relation to the GATT Policy Negotiations, Christopher Mark (1993) provided the following explanation and/or definition of Tariff Escalation: The application of tariff rates on raw materials that are lower than on processed versions of the [...]...
- Revenue Tariff Revenue Tariff and International Trade Resources See Also tariff...
- General Conditions of International Sale General Conditions of International Sale in International Trade Meaning of General Conditions of International Sale, according to the Dictionary of International Trade (Global Negotiator): It is a document that details the general conditions that a seller (exporter) offers to a buyer [...]...
- Sliding Scale Tariff A customs tariff in which rates of DUTY (read this and related legal terms for further details) vary according to the price of a given import. Usually, as the price of the item declines, the duty is reduced. Duties may b......
- Temporary Tariff Surcharge An increased rate of duty on imports temporarily applied, usually to aid in correcting a balance of payments deficit.......
- 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....
- General Will Rousseau«s General WillIntroduction to General WillGeneral Will, term popularized by the 18th-century French political philosopher Jean Jacques Rousseau. In his book The Social Contract (1762), Rousseau defines the general will (volonté générale) as the civic i......
- General Act Embracing mainstream international law, this section on general act explores the context, history and effect of the area of the law covered here. Resources Further Reading The entry "general act" in the Parry and Grant Encyclopaedic Dictionary of International Law (currently, the [...]...
- General Resources See Also As to general Acceptance Administration of estates Agent Appearance Assignment Average Benefit Challenge Character Charge Covenant Creditor Customs Damages Demurrer Denial Deposit Devise Election Finding Franchise Fund or Funds Gaol delivery Guaranty Guardian Imparlance [...]...