Tariffs and Customs Terms G.1.65

Question 1

a certificate of origin issued for exports that are not qualified under either the Generalized System of Preferences or ASEAN (Association of Southeast Asian Nation) Preferential Trade Agreement but is required by the importing country.

Answer 1

General Certificate of Origin

Question 2

a common carrier authorized to transport general commodities, and those not designated as special cargoes.

Answer 2

general-commodities carrier

Question 3

include rent, electricity, legal fees, etc.

Answer 3

general exceptions

Question 4

all imported articles entered under consumption or warehousing entry, or through Special Economic Zones.

Answer 4

general imports

Question 5

consume ration of all the bills of lading.

Answer 5

general manifest

Question 6

a system wherein industrialized/donor economies grant special treatment (reduction of elimination of duties) to imports from - less-developed/borrower countries. Under this scheme, the latter is not obliged to grant similar preferences to the former. The products included are those under headings 25-99 of the Custom Cooperation Council Nomenclature, with limited exceptions. Headings 1-24 for agricultural products are also included.

Answer 6

Generalized System of Preference

Question 7

a certificate of origin issued for exports qualified for preferential treatment under the ASEAN (Association of Southeast Asian Nations) Preferential Trade Agreement.

Answer 7

Generalized System of Preferences Certificate of Origin (Form A)

Question 8

a warehouse for storage goods that are readily handled and packaged, and do not require a controlled environment.

Answer 8

general-merchandise warehouse

Question 9

a tariff which applies to countries that do not enjoy either Preferential of Most-Favored Nation (MFN) treatment. Where the general tariff rate differs from the MFN rate, the former is usually the higher rate.

Answer 9

general tariff

Question 10

a fraudulent scheme used to make it appear that certain finished goods have been exported, through the use of fake documents, misrepresentation, or other devices contrary to laws.

Answer 10

ghost report

Question 11

maintained by the U.S. National Association of State Development Agencies, it is an electronic system for collecting and disseminating trade leads and business opportunities.

Answer 11

global export manager

Question 12

an economic system characterized by greater trade among nations, education of trade barriers, more intensive use of technology to link various economies.

Answer 12

Globalization

Question 13

a system wherein a governments allows imports from different countries, provided their aggregate amount does not exceed a stipulated quota.

Answer 13

global quota system

Question 14

a system of the United Nations Conference on Trade and Development that uses electronic technology to stimulate international trade.

Answer 14

Global Trade Port Network

Question 15

a railcar with a platform and side covers three to five feet high, used for loading long, heavy items.

Answer 15

gondola

Question 16

include any container, pallet or similar article of transport or packaging, if supplied by the consignor.

Answer 16

Goods

Question 17

a vital element of insurance contract which required the insured to disclose all material facts before the consummation of the contract.

Answer 17

good faith

Question 18

a phrase in a charter contract which indicates that the ship is seaworthy.

Answer 18

good ship

Question 19

an order held by a broker until filled or canceled.

Answer 19

good till cancelled

Question 20

factors that enable a business to earn profit, like favorable location, reputation in the community, or quality of its employer and employees.

Answer 20

goodwill

Question 21

obligation of government-owned or-controlled firms to pay Customs duties, taxes, and other charges for their importations.

Answer 21

government accounts

Question 22

a term in a charter contract of coal, ore, phosphate, etc., wherein additional costs incurred for the use of a grab (to unload said cargoes) are shouldered by the ship-owner. As a general rule, no grab discharge is allowed for such goods, but they stabilize the vessel when put in her deep tanks.

Answer 22

grab discharge

Question 23

policies and practices non-tariff trade barrier that involves government purchase of goods and services from domestic suppliers, despite higher price or inferior quality compared with imported goods.

Answer 23

government procurement

Question 24

total cubic capacity of a ship’s hold to carry grains.

Answer 24

grain capacity

Question 25

certificate a document issued by a surveyor of a ship’s cargo, stating that-she is fit to carry grains. This certificate is usually required to a charter contract for grains transport.

Answer 25

grain cargo