Topic 2. Evolution of international trade by product - International Trade

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2.1 The evolution of international trade structure 2.2 International Systems Classification of goods 2.3 The evolution of international trade on 2 and 6 product groups 2.1 The evolution of international trade structure Harmonized Commodity Description System and Coding of Goods –international standard System that includes numbers and names for classifying goods traded drafted (01/01/1988) and maintained by the World Customs Organisation (WCO) (180 Member States, based in Brussels). Under the Convention on the Harmonized System contracting parties are obliged to base their charges on nomenclature SA, having the right to impose their own customs duty rates. Structure HS HS is structured in 21 sections and 96 chapters. The system starts at primary products, raw materials and products with a low degree of processing - to products with a higher degree of processing. HS establishes a general level of 6 units, and if necessary still contain 2 units for level of custom duty (8 units). Another 2 units (figures) are added as the final statistical reporting numbers - 10 digits.