Search results for: “tariff reduction”
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Customs Valuation
For importers, the process of estimating the value of a product at customs presents problems that can be just as serious as the actual duty rate charged. The WTO agreement on customs valuation aims for a fair, uniform and neutral system for the valuation of goods for customs purposes — a system that conforms to…
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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 […]
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Protectionism
Protectionism Definition Protectionism may be defined as government policies that favor domestic products over imported goods. The debate between protectionism and free trade has been a continuing issue in United States politics. Meanings For information on: * systematic protectionism […]
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World Customs Organisation
Hierarchical Display of World Customs Organisation International Organisations > World organisations > World organisationTrade > Tariff policy > Tariff policy Concept of World Customs Organisation See the dictionary definition of World Customs Organisation. Characteristics of World […]
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CCD
Concept of CCD See the dictionary definition of CCD. Characteristics of CCD [rtbs name=”xxx-xxx”] Resources Translation of CCD Spanish: CCA French: CCD German: RZZ Italian: Consiglio di cooperazione doganale Portuguese: Conselho de Cooperação Aduaneira Polish: CCD Thesaurus of CCD See also […]
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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 […]
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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 […]
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Dictionary of International Trade
Dictionary of International Trade Dictionary of International Trade (Global Negotiator) Contents The Dictionary of International Trade of Global Negotiator include, among others, the following terms and acronyms: Back haul Back letter Back order Back to back letter of credit Backhauling Bad faith BAF Bailee Bailment Balance of payments Balance of trade Bale Bank acceptance Bank…
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Dictionary of International Trade
Dictionary of International Trade Dictionary of International Trade (Global Negotiator) Contents The Dictionary of International Trade of Global Negotiator include, among others, the following terms and acronyms: Back haul Back letter Back order Back to back letter of credit Backhauling Bad faith BAF Bailee Bailment Balance of payments Balance of trade Bale Bank acceptance Bank…
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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…
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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…
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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)….
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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 […]
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Sensitive Products
Sensitive Products and the GATT Policy Negotiations In relation to the GATT Policy Negotiations, Christopher Mark (1993) provided the following explanation and/or definition of Sensitive Products: Goods produced by a domestic industry employing large numbers of workers, for which the costs of […]
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Final List
A listing of products upon which a unique standard of valuation was applied for duty purposes. Prior to 1958 duties were applicable on virtually all imports on the basis of foreign value or export value, whichever was higher. The foreign value was the price at which goods were freely offered for con…