https://padlet.com/mauro_spies/3i9atmkvfdynzqz3 Feel free to share your thoughts and comments. You may add to other threads. You could add your own question on an extra column to the right. Professor will monitor the answers. Make sure you WRITE YOUR NAME ON YOUR POSTS en-us 2020-07-21 21:44:14 UTC 2022-08-02 21:10:24 UTC hello@padlet.com https://padlet.com/mauro_spies/3i9atmkvfdynzqz3/wish/1924333664 Form B3, Canada Customs Coding Form, is a customs document is use to account for imported products, regardless of value, intended for commercial use in Canada, as defined in sections 6 and 7 of the Accounting for Imported Commodities and Payment of Duties Regulations.
Determine the relevant tariff treatment and rate of duty determined the proper tariff classification number, the applicable tariff treatment that applies to the products before determining the rate of duty treatment "Most-Favoured-Nation (MFN) Tariff" and "Applicable Preferential Tariffs" treatment
Most-Favoured-Nation (MFN) Tariff-Goods from all nations, Applicable Preferential Tariffs-Duty reductions depending on trade agreements.]]> 2021-12-02 04:10:27 UTC https://padlet.com/mauro_spies/3i9atmkvfdynzqz3/wish/1924333664 https://padlet.com/mauro_spies/3i9atmkvfdynzqz3/wish/1924338899 Shippers, carriers, and brokers all want to integrate and communicate information as quickly as possible; therefore, EDI has become a need in the transportation sector. EDI allows for exchanging bill of ladings, shipping manifests, shipment statuses, invoices, and remittances via millions of interactions.]]> 2021-12-02 04:14:58 UTC https://padlet.com/mauro_spies/3i9atmkvfdynzqz3/wish/1924338899 https://padlet.com/mauro_spies/3i9atmkvfdynzqz3/wish/1924481465 A service is what it is when it comes to the tourism industry. When a Canadian travels to Singapore, the Canadian dollar leaves Canada and goes to Singapore. In a sense, it's like bringing in products from Singapore.

The General Agreement on Trade in Services (GATS). It was designed to include services connected to air traffic rights into the multilateral trading system. Cross-border commerce, consumption abroad, commercial presence, and natural people all provide services under the GATS.]]> 2021-12-02 06:30:10 UTC https://padlet.com/mauro_spies/3i9atmkvfdynzqz3/wish/1924481465 https://padlet.com/mauro_spies/3i9atmkvfdynzqz3/wish/1924502885 Commodity classification uses the harmonized system. Each of the six digits within the Global Harmonized System of Nomenclature system code represents an HS chapter, heading, and subsection. In trade, the harmonized system enables countries to categorize commodities to fulfill customs regulations. Authorities also use a standard system code to monitor and export products through contract negotiations. this is the goal of the harmonized nomenclature system.]]> 2021-12-02 06:50:29 UTC https://padlet.com/mauro_spies/3i9atmkvfdynzqz3/wish/1924502885 https://padlet.com/mauro_spies/3i9atmkvfdynzqz3/wish/1937490817 Customs and border security agencies use a B3 and customs coding form to calculate tariffs and taxes. Goods being moved through borders must align with a tariff treatment via the use of the international H.S system.]]> 2021-12-09 05:54:44 UTC https://padlet.com/mauro_spies/3i9atmkvfdynzqz3/wish/1937490817 https://padlet.com/mauro_spies/3i9atmkvfdynzqz3/wish/1937494161 EDI has impacted the distribution process and the transportation of goods in a revolutionary way. EDI allows shippers and carriers to communicate simultaneously with orders, loads, BOLs, invoices, customs documents, and any other information needed in regards to the transportation of the freight. EDI allows for more freight to be sent and accepted in a quicker manner, without the need of freight being manually entered, which is a slower practice. ]]> 2021-12-09 05:58:17 UTC https://padlet.com/mauro_spies/3i9atmkvfdynzqz3/wish/1937494161 https://padlet.com/mauro_spies/3i9atmkvfdynzqz3/wish/1937499500 From the perspective of the General Agreement on Trade in Services (GATS), my last out of country holiday contributed to international trade because I was spending USD in an European economy. 1 EUR is equal to 1.13 USD, and the USD is an internationally recognized currency and is widely accepted. By spending USD abroad, I am contributing to the circulation of the USD internationally, opening the world to cross-border commerce and trade. ]]> 2021-12-09 06:02:42 UTC https://padlet.com/mauro_spies/3i9atmkvfdynzqz3/wish/1937499500 https://padlet.com/mauro_spies/3i9atmkvfdynzqz3/wish/1937502642 The purpose of the harmonized system of nomenclature is to internationally recognize freight. Goods are listed using a special 6 digit number which is internationally recognized, so no matter which border the freight goes to, it can be recognized and logged across the world. The HS system is made of a chapter, heading, and a subsection. It impacts international trade as it allows for the logging of inventory levels of a specific product, and can help with mapping out predictions of consumer demand. ]]> 2021-12-09 06:05:53 UTC https://padlet.com/mauro_spies/3i9atmkvfdynzqz3/wish/1937502642