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Export Issues for U.S. Busines

 

Any country can than add an additional four digit code to the end of the universal four digit code to further define and statistically evaluate the import or export of any specific product. .
             Next, Twin City Frozen Foods must understand trade terms and agreements. They will want to refer to international commercial terms to help determine if the buyer or seller should be ultimately responsible for paying foreign trade fees. Then they will be able to find tariff and tax rates based on their product category. This can be done through a number of government tariff resources. Finally, they will be able to compute their duty and taxes for each shipment. One may compute these by using the CIF method, cost insurance freight, or the FOB method, free on board. Using either of these methods one will be able to compute a companies final duty rates.
             Obtaining a certificate of origin.
             A certificate of origin is a document stating that goods in an international shipment originated in a certain country (Patterson and Ballard). Many foreign governments require a certificate of origin even though a commercial invoice usually dictates where a shipment originated. The main use of a certificate of origin is for customs offices to decide if a special duty rate applies to the imported products (Patterson and Ballard). The North American Free Trade Agreement makes a certificate of origin document essential for any business exporting to Mexico. A special NAFTA certificate of origin is necessary for exporting to Mexico (Patterson and Ballard).
             The exporter must send the NAFTA certificate of origin to the importer. The certificate can be sent prior to shipping the goods or with the shipment of goods. Either way, the importer must have the certificate before claiming the NAFTA tariff preference. .
             Original certificates of origin are available in bulk through the Government Printing Office, (202) 512-1800 or online at www.


Essays Related to Export Issues for U.S. Busines

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2. The U.S Economics Might Today

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3. Japan

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6. 21st Century Economic issues

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