Origin and Rules of Origin

Question 1

What is Origin of goods?

Answer 1

Country where good was obtained or manufactured

Question 2

Importance of rules of origin

Answer 2

Anti dumping and safeguarding,
determine MFN or Pref
Trade statistics
labelling and Marketing
Governments procurement

Question 3

What are Rules Of Origin

Answer 3

The conditions set to consider a goods origin

Question 4

3 x Rules of Origin derive from

Answer 4

National Legislation (Regional trade agreement)
International Agreements (Regional trade agreement)
Multilateral agreements (WTO agreement or Kyoto Convention)

Question 5

Origin rules, general or specific?

Answer 5

Both

Question 6

WTO 2 x Rules of origin

Answer 6

Non-Preferential and preferential

Question 7

Non-preferential rules of origin - Purpose

Answer 7

Identify final county of origin,
Used for MFN trade
Determine statistics, quotas, anti dumping, Licences, Labels.
From National legislation WTO

Question 8

Preferential rules of origin - Purpose

Answer 8

conforms with RTA
Preferential trade
Import duties
Regional or preferential agreements

Question 9

Advanced ruling on Origin AKA

Answer 9

Binding origin information, Binding origin ruling.

Question 10

What is advanced ruling on origin?

Answer 10

The shipper or exporter askes customs for a binding decision origin.

Question 11

Benefits of rules of origin

Answer 11

Encourage foreign investment
Influence regional or pref trade agreements
National statistics