PRIA, Government Policy, Made Personal

Summary

Defines key words used in this part of the law. The Secretary of Commerce can make rules that give more precise meanings to these words. Export trade means trade in U.S.-made goods or services that are being sent from the United States to another country. Services covers many kinds of work, for example accounting, engineering, finance, insurance, legal, management, travel, training, transportation, and similar business services. Export trade services are services that help U.S. exporters, like marketing, shipping and freight forwarding, warehousing, financing, insurance, legal help, and processing foreign orders. Export trading company is a business or nonprofit organized under U.S. or state law whose main purpose is to export U.S. goods or services or to help unaffiliated U.S. producers export by providing one or more export trade services. State means any U.S. State, the District of Columbia, Puerto Rico, the Virgin Islands, American Samoa, Guam, the Northern Mariana Islands, and the Trust Territory of the Pacific Islands. United States means those same places. Antitrust laws means the federal antitrust laws defined in section 12(a) of this title, section 45 of this title as it applies to unfair methods of competition, and any state antitrust or unfair competition law.

Title 15, §4002

Commerce and Trade, Source: USLM XML via OLRC

(a)For purposes of this subchapter—

(1)the term “export trade” means trade or commerce in goods or services produced in the United States which are exported, or in the course of being exported, from the United States to any other country;

(2)the term “services” includes, but is not limited to, accounting, amusement, architectural, automatic data processing, business, communications, construction franchising and licensing, consulting, engineering, financial, insurance, legal, management, repair, tourism, training, and transportation services;

(3)the term “export trade services” includes, but is not limited to, consulting, international market research, advertising, marketing, insurance, product research and design, legal assistance, transportation, including trade documentation and freight forwarding, communication and processing of foreign orders to and for exporters and foreign purchasers, warehousing, foreign exchange, financing, and taking title to goods, when provided in order to facilitate the export of goods or services produced in the United States;

(4)the term “export trading company” means a person, partnership, association, or similar organization, whether operated for profit or as a nonprofit organization, which does business under the laws of the United States or any State and which is organized and operated principally for purposes of—

(A)exporting goods or services produced in the United States; or

(B)facilitating the exportation of goods or services produced in the United States by unaffiliated persons by providing one or more export trade services;

(5)the term “State” means any of the several States of the United States, the District of Columbia, the Commonwealth of Puerto Rico, the Virgin Islands, American Samoa, Guam, the Commonwealth of the Northern Mariana Islands, and the Trust Territory of the Pacific Islands;

(6)the term “United States” means the several States of the United States, the District of Columbia, the Commonwealth of Puerto Rico, the Virgin Islands, American Samoa, Guam, the Commonwealth of the Northern Mariana Islands, and the Trust Territory of the Pacific Islands; and

(7)the term “antitrust laws” means the antitrust laws as defined in section 12(a) of this title, section 45 of this title to the extent that section 45 of this title applies to unfair methods of competition, and any State antitrust or unfair competition law.

(b)The Secretary of Commerce may by regulation further define any term defined in subsection (a), in order to carry out this subchapter.

Executive Documents

Termination of Trust Territory of the Pacific Islands For termination of Trust Territory of the Pacific Islands, see note set out preceding section 1681 of Title 48, Territories and Insular Possessions.

§4002 Definitions

Summary

Title 15, §4002

Notes & Related Subsidiaries

Executive Documents

Citations & Metadata