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Contents for: About Export Trade Barriers

 
 

"Ad Valorem duty - The kind most commonly used, is one that is calculated as a percentage of the value of the imported goods".
 

"An Alternative duty Is where both an Ad valorem duty and a Specific duty are prescribed for a product, with the requirement that the more onerous one shall be Ad valorem duty value plus 10 cents per kilo".

About Export Trade Barriers
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A Specific duty
Is a tax of so much local currency per unit of the goods imported (based on weight, number, length, volume or other unit of measurement. Specific duties are often levied on foodstuffs and raw materials.

Compound duties - Are imposed on manufactured goods that contain raw materials that are themselves subject to import duty.

The "specific" part of the compound duty (called compensatory duty) is levied as protection for the local raw material industry.

 

Types of Tariffs - A tariff may be one of the following four kinds:
(1) Ad valorem   (2) Specific
(3) Alternative     (4) Compound

This may be based, depending on the country, either on destination (C.I.F.), or on the value of the goods at the port in the country of origin (F.O.B.).

 
Page 1. What are Tariff Barriers, types of tariff non-tariff barriers & dutiable weights?
Page 2. What are Tariff Lists and anti dumping duties?
Page 3. What are Countervailing Duties & custom nomenclature?
Page 4. About Bonded Warehouses, free trade zone, GATT & WTO?
Page 5. To trade with a member state of The EEC, it is a legal requirement that products conforms with the European Directives.
Page 6. About Trading Blocks, common tariff barrier &  European Economic Community
Page 7. Trading Blocks Nations - G77, G8, G15, D8, APEC, ASEM, AABF, COMESA, IOR-ARC, Mercosur, CHOGM
Page 8. Exchange control and 'import quotas' together with 'tariffs' are the main form of protectionism
Page 9. About Technical Barriers, voluntary restraints, custom valuation procedures
Page 10. Asia-Pacific Economic Cooperation - This huge regional trade group from 21 nations accounts for 50% the world's economic GDP output and 42% of its population
Page 11. The ASEAN Economic Community represents a huge market with a combined population of one 600 million people.
 

 

 

 

 


 

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