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Simple English definitions for legal terms

customs union

Read a random definition: recoverable

A quick definition of customs union:

A customs union is when two or more countries agree to work together and have the same rules for importing goods from outside their group. This means they all charge the same taxes on goods coming in from other countries. They do this to make it easier to trade with each other and to protect their economies from outside competition.

A more thorough explanation:

A customs union is an agreement between two or more countries to form a single customs area with a common external tariff. This means that each country in the union remains politically independent, but they agree to abolish or gradually reduce tariffs on goods traded between them and impose common tariffs on imports from non-members.

  • The European Union (EU) is a customs union. Member countries of the EU, such as Germany, France, and Italy, have eliminated tariffs on goods traded between them and imposed common tariffs on imports from non-EU countries.
  • The Southern African Customs Union (SACU) is another example of a customs union. Member countries of SACU, such as South Africa, Botswana, and Namibia, have a common external tariff and have eliminated tariffs on goods traded between them.

These examples illustrate how customs unions work in practice. By eliminating or reducing tariffs on goods traded between member countries, customs unions promote trade and economic integration. However, they also limit the ability of member countries to negotiate their own trade agreements with non-member countries.

customs frontier | custos

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HopefullyInLawSchool
16:06
it means you will not be rejected today and may be accepted or WL in the future
Just got my Michigan rejection
BookwormBroker
16:10
same
RoaldDahl
16:10
@HopefullyInLawSchool: what if i already got rejected. does it mean anything
HopefullyInLawSchool
16:12
@RoaldDahl: Likely not however it could mean nothing
RoaldDahl
16:15
So if it means nothing does that mean something?
HopefullyInLawSchool
16:17
Possibly
RoaldDahl
16:26
Cool
RoaldDahl
16:26
thank you!!!! i hope it means something
pinkandblue
16:31
fart
IrishDinosaur
16:36
Mich R gang lesgooo
Did anyone else get that random get to know nova email?
HopefullyInLawSchool
17:21
Ya it was sent to all YM applicants
starfishies
17:37
Anyone get the NDLS email inviting you to apply for something even though they haven’t made a decision on your app yet
17:38
Better yet I got the email and I was rejected last month
starfishies
17:38
Wtf
starfishies
17:39
and the deadline is in like a week what is this
any cardozo movement?
BatmanBeyond
18:01
Sent a LOCI via portal, but I'm wondering if email would have gotten me a swifter response
BatmanBeyond
18:02
This whole hold/wait-list/reserve system is a headache
loci already?
BatmanBeyond
18:09
If the odds are like 1-2% I don't think it matters much by the numbers
12:11
I got the same NDLS email
OrangeThing
12:18
I think the user profiles are broken
19:29
Any word out of Notre Dame?
19:29
Only the invitation to apply for LSE
19:29
Anyone received a decision from NDLS?
19:50
when did u guys apply that just heard from umich? they havent even glanced at my app yet
0:30
how am i supposed to spy on people when profile links are broken?
Right. Broken links smh
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