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Country of origin (CO) represents the country or countries of manufacture, production, design, or brand origin where an article or product comes from. [1] For multinational brands, CO may include multiple countries within the value-creation process. There are differing rules of origin under various national laws and international treaties.
Rules of origin are the rules to attribute a country of origin to a product in order to determine its "economic nationality". [1] The need to establish rules of origin stems from the fact that the implementation of trade policy measures, such as tariffs, quotas, trade remedies, in various cases, depends on the country of origin of the product at hand.
The United States imposes tariffs (customs duties) on imports of goods. The duty is levied at the time of import and is paid by the importer of record. Customs duties vary by country of origin and product. Goods from many countries are exempt from duty under various trade agreements. Certain types of goods are exempt from duty regardless of source.
A Manufacturer's Certificate of Origin (MCO), also known as a Manufacturer's Statement of Origin (MSO), is a specified document certifying the country of origin of the merchandise required by certain foreign countries for tariff purposes. It sometimes requires the signature of the consulate of the country to which it is destined. A certificate ...
A Certificate of Origin or Declaration of Origin (often abbreviated to C/O, CO or DOO) is a document widely used in international trade transactions which attests that the product listed therein has met certain criteria to be considered as originating in a particular country. A certificate of origin / declaration of origin is generally prepared ...
Country of origin France: Region of origin ... Production process. Cognac is a type of brandy, and after the distillation and during the aging process, is also called ...
Made in USA. A Made in USA mark is a country of origin label affixed to American -made products that indicates the product is "all or virtually all" domestically produced, manufactured and assembled in the United States of America. The label is regulated by the Federal Trade Commission (FTC). [1]
The Product Life Cycle Theory is an economic theory that was developed by Raymond Vernon in response to the failure of the Heckscher–Ohlin model to explain the observed pattern of international trade. The theory suggests that early in a product's life-cycle all the parts and labor associated with that product come from the area where it was ...