Search results for keyword: antidumping
Import surtax
INTRODUCTION
The import additional tax is a type of indirect taxes collected by the government of a country on imported goods for use within that country. It is a form of protectionism that provides additional revenue for the national government, helps to create jobs and increase economic growth ......
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compensation trade
Compensatory Trade
In today’s interconnected global economy, trade is an essential part of business operations for a wide range of enterprises and countries. Businesses often look to maximize their profit by pursuing the most cost-effective production and supply activities, so they may purchase ......
differential tariff
Introduction
In economics and politics, the issue of tariffs has been closely studied for many years. Tariffs, or customs duties, are taxes charged when goods cross national borders. The purpose of these taxes is to increase the costs for foreign products, and therefore increase the costs of thos......
goods in transit
Transit goods refer to goods imported into one country and are then re-exported to another country without the in-country processing or completion. In addition, the goods may be moved between the representatives of the countries. This process is known as transit trade since the goods are not actua......
Classification of trade terms
The world of international trade requires a common set of technical terms and acronyms to be used. This article will provide an overview of the main international trade terms and acronyms that are most commonly used.
1. Letter of Credit (L/C): A letter of credit is a document from a bank that gu......
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