What are the rules governing import/export of goods and services?

Imports and exports of goods and services in Washington are regulated by International Trade Law. This law determines the rules and regulations that must be followed when importing and exporting goods and services. Firstly, all imports must be declared to the U.S. Customs Service. This involves providing a lot of information about the goods, such as their value, origin and quantity. The Customs Service will then decide if the items need to be inspected, taxed or released. The items may also be subject to other regulations, such as quotas and antidumping duties. Quotas are set limits on the number of goods that can be imported into the U.S. Antidumping duties are taxes that are imposed on imported goods if their prices are too low. In order to export goods and services, companies must comply with export control laws. These laws regulate the export of certain goods and technologies for national security and foreign policy reasons. Certain items may need a license before they can be exported, and the exporter must pay duties and taxes. Additionally, companies must comply with international trade agreements. These agreements determine the tariffs, trade barriers and other restrictions that a country must adhere to when trading with foreign countries. International Trade Law is an important part of international commerce and helps to ensure that imports and exports are done in a fair and orderly way.

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What are the rules governing import/export of goods and services?

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