EXPLANATION OF TERMS. 



IMPORTS. Goods from a foreign country entered at a customhouse. 



IMPORTS FOR CONSUMPTION. The term "entry for consumption" is the technical 

 name of the import entry made at the customhouse, and does not imply that the goods 

 will be actually consumed, but simply that they have been delivered into the custody 

 of the importer and that the duties have been paid on the dutiable portion. Some of 

 them may be afterwards exported. 



FOREIGN EXPORTS OR REEXPORTS. Goods which have been imported into this 

 country, either for reexport or for consumption, and are afterwards exported, having 

 undergone 110 change in form or condition or enhancement in value by the application 

 of labor in the United States. 



DOMESTIC EXPORTS. Goods produced and manufactured from either domestic or 

 imported raw materials in this country and shipped to foreign countries. 



TRANSIT OR IN-TRANSIT TRADE. Goods from a foreign country passing through the 

 United States on the way to the same or another foreign country. 



TRANSSHIPMENT TRADE. Goods from a foreign country received at a United States 

 port and there reshipped to a foreign country without being entered as an import into 

 this country. 



In-transit and transshipment trade is not included in the imports and exports of 

 the United States, but is reported separately. 



THE COUNTRY OF CONSIGNMENT is that which is mentioned in the exporting or 

 importing documents as the one to which or from which the merchandise is to be 

 shipped. The regulations of the Bureau of Statistics, Department of Commerce and 

 Labor, are: 



Collectors will consider the country in which merchandise was invoiced as the 

 country whence the same was imported into the United States. 



In export statements the countries stated should be, so far as can be ascertained, 

 those for which the exports are destined for a market. * * * Exporters will be 

 required to state in their manifests of goods exported the country of ultimate desti- 

 nation. 



j The country from which or to which goods are consigned may or may not be the 

 country of origin or ultimate destination, as the case may be; the foregoing regulation 

 with regard to the country of ultimate destination in export statements does not result 

 in a material representation of countries of ultimate destination in place of countries 

 of consignment in the records of the exports of this country, when these two countries 

 are not the same. 



VALUES. The values of imported articles subject to ad valorem duties are defined by 

 the Act of Congress of June 10, 1890, as 



The actual market value or wholesale price of such merchandise as bought and sold 

 in usual wholesale quantities at the time of exportation to the United States in the 

 principal markets of the country from whence imported, and in the condition in which 

 such merchandise is there bought for exportation to the United States or consigned to 

 the United States for sale, including the value of all cartons, cases, crates, boxes, sacks, 

 and coverings of any kind, and all other costs, charges, and expenses incident to plac- 

 ing the merchandise in condition ready for shipment to the United States. 



The value of all other imports, whether subject to specific duty or free of duty, is 

 also determined according to the law just quoted. 



1 The value of domestic exports is their declared value at the time of exportation in the 

 ports of the United States whence they are exported, which the law requires to be 

 stated under oath with penalty for misstatement. 



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