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Inclusive and Sustainable Industrial Development Working Paper Series WP 3 | 2021INTERNATIONAL TRADE AND THE CIRCULAR ECONOMY IN LATIN AMERICA AND THE CARIBBEANDEPARTMENT OF POLICY, RESEARCH AND STATISTICS
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International trade refers to the exchange of goods and services between countries. The forms associated with international trade, such as customs declarations and shipping documents, are used to report and regulate these transactions.
Individuals and businesses involved in importing and exporting goods across international borders are required to file international trade forms.
To fill out international trade forms, one must provide detailed information about the goods being traded, including their description, value, origin, and the parties involved in the transaction, following specific guidelines provided by customs authorities.
The purpose of international trade forms is to ensure compliance with legal regulations, facilitate customs clearance, collect trade statistics, and assess duties and taxes on imported and exported goods.
Information that must be reported includes the description of goods, quantity, value, origin and destination countries, shipping details, and the names and addresses of both the buyer and seller.
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