MULTIPLE COLUMN TARIFF
A tariff system where the import tax or tariff rate evaluated on a given product depends on its country of origin. This is different from a single tariff system where it levies the similar tariff rate on a product regardless of its origin. Most countries use this. The least tariff rates applied on products that came from countries with whom a nation has free trade agreements or if a country is regarded undeveloped, while the highest tariff rates analyzed on products from developed nations in which its has no trade agreements and/or diplomatic relations.
POPULAR TERMS
Yankee Market
Yankee Market is a slang term referring to a US stock market.
Bill Of Lading
A document between the shipper and the carrier telling the type, quantity and destination of the good being carried. It also serves as a receipt of ...
Empirical Probability
Probability anchored on certain events happening, computed using collected empirical evidence. It is closely connected to the relative frequency in ...
Freeganism
Freeganism is a lifestyle philosophy focused on adopting alternative means to satisfy needs in order to minimize dependence on what is termed the & ...
Controlling Interest
High enough ownership percentage to impose changes or have legal control in a company. A single shareholder or a group of shareholder owns more tha ...
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