Chereads / DARK SHADOWS / Chapter 116 - Chapter 116

Chapter 116 - Chapter 116

International trade has facilitated movement of good and services. There are measures put in place to remove trade barriers among nations as well as having a controlled trade among them. One of the most used trade barriers are tariffs and quotas.

Recognizing the effects that these barriers have on international trade, World trade organization (W.T.O.) came up with a harmonized tariff classification code (HS. Code) which gives the rate of duty which countries should be charging on imports from other countries.

Taiwan and Japan are members of W.T.O. (Bōeki 33). They would like to engage in trade where Taiwan is to supply/export frozen eels to Japan. This paper offers an export plan which will be used in the trade.

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