Input-output norms removed from trade policy; importers must now demonstrate input proportions match exported goods. Deletion of the standard input-output norms from the Foreign Trade Policy abolishes prescribed ratios; determination of appropriate proportions of inputs ... Summary
Input-output norms removed from trade policy; importers must now demonstrate input proportions match exported goods.
Deletion of the standard input-output norms from the Foreign Trade Policy abolishes prescribed ratios; determination of appropriate proportions of inputs for each resultant product must be made, and applicants must ensure imported goods correspond to the inputs used or required in the export product.
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