FTA
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Written by:
Louise G
Date added:
February 14, 2014
Level:
University
Grade:
A
No of pages / words:
2 / 508
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8268 times
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Essay content:
To avoid evasion (through re-exportation) the countries use the system of certification of origin most commonly called rules of origin, where there is a requirement for the minimum extent of local material inputs and local transformations adding value to the goods. Goods that don't cover these minimum requirements are not entitled for the special treatment envisioned in the free trade area provisions...
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Goods that don't cover these minimum requirements are not entitled for the special treatment envisioned in the free trade area provisions.
Cumulation is the relationship between different FTAs regarding the rules of origin ? sometimes different FTAs supplement each other, in other cases there is no cross-cumulation between the FTAs...
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