Question

What are “rules of origin” in the context of international trade?

What are “rules of origin” in the context of international trade?

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Answer #1

​​​​​​ans:  definition:  Rules of origin are the criteria needed to determine the national secure of a product. Their importance is derived from the fact that duties and restrictions in several cases depend upon the source of imports. There is wide variation in the practice of government with regarde to the rules of origin.

rule of origin, in international trade, legal standard supporting the differential treatment of some product on the basic of their country or region of origin. Rules of origin are used to make more precise any aspect of trade law or trade policy that treats goods differently depending upon their country of origin.

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