„Harmonized System (HS)“

What does Harmonized System (HS) stand for?

A multipurpose international goods classification system designed to be used by manufacturers, transporters, exporters, importers, customs, statisticians, and others in classifying under a single commodity code goods moving in international trade.

Source:

“International Trade: Theory and Policy” by Paul R. Krugman, Maurice Obstfeld, Marc J. Melitz. (10th Edition), Pearson Education, Inc., 2015, pp. 102-104.

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