The Central America-Dominican Republic Free Trade Agreement (CAFTA-DR) is composed of the United States and Costa Rica, the Dominican Republic, El Salvador, Guatemala, Honduras and Nicaragua. Implementation dates, depending upon the country, range from March 1, 2006 through January 1, 2009. Information for U.S. Exporters is available through the Department of Commerce at
2016.export.gov/FTA/index.asp. Most CAFTA-DR goods currently enter the United States free of duty and the merchandise processing fee (MPF), and virtually all will enter free by the time the Agreement is fully implemented on January 1, 2025. Show
Learn More about How to Claim Preference on These Goods
Additional Resources and RegulationsCAFTA-DR FTA TextThe complete text of the agreement is made available by the United States Trade Representative (USTR). CAFTA-DR Regulations:19 CFR Part 10 Subpart J—DOMINICAN REPUBLIC—CENTRAL AMERICA—UNITED STATES FREE TRADE AGREEMENT. The current link to the e-CFR website including: Import Requirements, Filing a Claim, Regional Value Content (RVC) Certification, Post-Importation Refunds, Rules of Origin, Origin Verifications, Transshipment, and Penalties. USITC Publication for CAFTA-DREach publication includes the Harmonized Tariff Schedule of the United States (HTSUS) General Note with both the general and specific rules of origin, a list of all of the goods that became duty free upon entry into force and the phase-out schedule for those goods that will become duty free over time. USITC Publications
CAFTA-DR Implementation Act: Public Law No. 109-53, 119 Stat. 462 and codified at 19 USC 4001 Note Presidential Proclamations Enacting the CAFTA-DR
What three regions dominate the global economy?On a global scale, we can understand why North America, Western Europe, and eastern Asia represent the three main economic core areas of the world. They all possess the most advanced technology and the greatest economic resources. Core regions control the corporate markets that energize and fuel global activity.
Which of the following companies is an example of a transnational company?We've probably all heard of companies such as Walmart, Amazon, Apple, and Shell, and these are all examples of Transnational Corporations – in fact these four all feature in the top 10 global companies by revenue in 2020.
Which of the following is a consequence of an increasingly integrated global economy quizlet?One of the consequences of an increasingly integrated global economy is that imports are penetrating deeper into the world's largest economies. Companies both large and small now view the world, rather than a single country, as their marketplace.
Which global strategy is Alpha Company using?Each of them has selected a different global strategy. Alpha Company uses its established skills in producing widgets that it will sell in foreign markets. Beta Company produces locally targeted wines for which it has built specialized plants in each local region.
|