A measure of the degree of tariff rate dispersion. It is typically defined as those tariff rates that exceed a certain threshold value usually taken to be three times the overall simple bound rate, or above 15 per cent.
A tariff quota is a quantitative threshold (quota) on imports above which a higher tariff is applied. The lower tariff rate applies to imports within the quota
Relatively high tariffs, usually on “sensitive” products, amidst generally low tariff levels. For industrialized countries, tariffs of 15% and above are generally recognized as “tariff peaks”.
Higher import duties on semi-processed products than on raw materials, and higher still on finished products.
This practice protects domestic processing industries and discourages the development of processing activity in the countries where raw materials originate.
Commitment not to increase a rate of duty beyond an agreed level. Once a rate of duty is bound, it may not be raised without compensating the affected parties.
A tariff is a tax imposed on a good imported into a country. A tariff may be specific, when it is levied as a fixed sum per unit of the imported good, or ad valorem, when it is applied at a percentage rate with reference to the value of the import.
The statistical territory of the European Union (and its Member States) corresponds to its customs territory. However, the French overseas departments and the Canary Islands were regarded as non-member countries until 31 December 1996. As from October 1990 the foreign trade figures of the Federal Republic of Germany, the other Member States and of aggregates for the European Union concern the Federal Republic of Germany as constituted from 3 October 1990.
In international merchandise trade statistics, the objective is to record goods entering and leaving the economic territory of a country. In practice, what is recorded is goods that enter or leave the statistical territory, which is the territory with respect to which data are being collected. The statistical territory may coincide with the economic territory of a country or with some part of it.
It follows that when the statistical territory of a country and its economic territory differ, international merchandise trade statistics do not provide a complete record of inward and outward flows of goods
Is the Standard International Trade Classification which is a statistical classification of the commodities entering external trade. It is designed to provide the commodity aggregates requited for purposes of economic analysis and to facilitate the international comparison of trade-by-commodity data.
Are those that follow prescribed rules and are generally recommended and accepted. They aim to ensure that information is classified consistently regardless of the collection, source, point of time, etc.
