word
Rules of Origin
ROOLZ uv OR-ih-jin
/ruːlz əv ˈɒr.ɪ.dʒɪn/Listen
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Syllable breakdown
RulesofOrigin
Dictionary meaning
Criteria used in international trade to determine the national source of a product, essential for applying tariffs, trade remedies, and preferential trade agreement benefits; distinguishes between 'wholly obtained' and 'substantially transformed' goods.
Examples
- Rules of origin determine whether a car assembled in Mexico qualifies for USMCA preferential tariffs.
- Exporters must provide certificates of origin to prove compliance with rules of origin.
Synonyms: origin criteria, country of origin rules, ROO
Pronunciation tips
Key test: 'Where was the product really made?' Two main criteria: (1) substantial transformation (change in tariff classification) or (2) value-added threshold.
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