what
What does the acronym 'WTO' mean
World Trade Organization
How many Methods of Valuation are there?
6
Fees paid in respect to patents, trademarks and copyrights.
What are Royalties and License fees?
An open trading system in which the rules are easily accessible and available to all
What is transparency
The third method of Valuation
What is the Transaction Value for Similar Goods
Goods or services directly or indirectly supplied by the buyer to the seller to be used in the production of goods to be imported.
What are assists?
Invoices, contracts, purchase orders, bills of lading can be described as
Evidence of a sale for export
The price actually paid or payable for goods when sold for export to the country of importation
What is the Transaction Value Method
Someone who acts on behalf of the buyer in purchasing goods.
Who is a buying agent?
To create a system that is fair, uniformed and neutral, based on objective and quantifiable data.
Method 5 before 4
A person who seeks customers for sellers goods, soliciting and transmitting orders for sale from buyers to the sellers, assisting in the preparation of export documents.
Who is a selling agent?
What is the (Gatt) General Agreement on Tariffs and Trade
Articles 1,2,3,5,6,7 of the WTO Agreement
What are the 6 methods of Valuation?
Transfer of ownership in merchandise from a foreign country by a supplier to an importer that directly causes the merchandise to be imported to the country of importation.
What is a sale for export?