Thursday, May 24, 2007
The volume of exports that can be traded for a given volume of imports.
A list of individuals & firms which have been disbarred from shipping or receiving U.S. goods & servicesor technology. Firms & individuals on the list might be disbarred with respect to either controlled commodities or general destination (across-the-board) exports. Tare Weight The weight of a container &/or packing materials, but without the goods & servicesbeing shipped. The gross weight of a shipment less the net weight of the goods & servicesbeing shipped. Tariff A comprehensive list or "schedule" of merch&ise with applicable rates to be paid or charged for each listed article; or a schedule of shipping rates charged, together with governing rules & regulations. Tariff Anomaly A tariff anomaly exists when the tariff on raw materials or semi-manufactured goods & servicesis higher than the tariff on the finished product. Tariff Escalation A situation in which customs rate on manufactured goods & servicesare relatively high, customs rate on semi-processed goods & servicesare moderate, & customs rate on raw materials are nonexistent or very low. Tariff Quotas Application of a higher tariff rate to imported goods & servicesafter a specified quantity of the item has entered the country at a lower prevailing rate. Tariff Schedule A comprehensive list of the goods & serviceswhich a country might import & the import duties applicable to each product. Tariff War When one nation increases the tarifs on goods & servicesimported from, or exported to another country, & that country then follows by raising customs rate itself in a retaliatory manner. Tax Haven A nation offering low tax rates & other incentives for individuals & businesses of other countries. Tender A small vessel which serves a larger vessel in a port for the purpose of supplying provisions & carrying passengers from ship to shore. Tenor The period between the formation of a debt & the date of expected payment. Terminal The area at the end of a rail, ship, air, or truck line which serves as a loading, unloading, transfer point, & storage/repair facillity. Terminal Charge A charge made for services performed at terminals. Terms of Trade The volume of exports that can be traded for a given volume of imports.
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