Examlex
The burden lies with management to verify that any selection device it uses to differentiate applicants is related to job performance.
Negotiated Tariff Rates
Tariff rates determined through bargaining between countries, rather than set unilaterally, often resulting in lower duties.
Free-Trade Zone
A designated area where goods can be imported, stored, handled, manufactured, or reconfigured without being subject to import duties.
GATT
The General Agreement on Tariffs and Trade (GATT) was a multilateral agreement aimed at reducing global trade barriers and promoting international trade through the reduction of tariffs and other trade restrictions.
European Union
A political and economic union of 27 European countries that participate in a single market allowing free movement of goods, services, and people.
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