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Simple English definitions for legal terms

CXT

Read a random definition: Court-Martial Reports

A quick definition of CXT:

Term: CXT

Definition: CXT stands for Common External Tariff. It is a type of tariff that is applied to goods imported from countries outside of a particular trade bloc or customs union. This means that all member countries of the trade bloc or customs union have the same tariff rates for goods imported from outside the bloc or union. It helps to create a level playing field for businesses within the bloc or union and can also be used as a tool for protecting domestic industries from foreign competition.

A more thorough explanation:

CXT

CXT is an abbreviation for "common external tariff" which is a type of tariff that is applied uniformly by a group of countries to goods imported from countries outside of that group.

For example, the member countries of the European Union have a common external tariff on goods imported from countries outside of the EU. This means that if a product is imported into any EU country from a non-EU country, it will be subject to the same tariff rate regardless of which EU country it enters first.

Another example is the Southern African Customs Union (SACU), which has a common external tariff on goods imported from countries outside of the SACU. This means that if a product is imported into any of the SACU member countries (Botswana, Lesotho, Namibia, South Africa, and Eswatini) from a non-SACU country, it will be subject to the same tariff rate regardless of which SACU country it enters first.

The examples illustrate how a common external tariff works in practice. In both cases, a group of countries has agreed to apply the same tariff rate to goods imported from countries outside of that group. This helps to create a level playing field for trade between the member countries and ensures that non-member countries are not able to gain an unfair advantage by exporting goods to one member country with a lower tariff rate and then re-exporting them to another member country with a higher tariff rate.

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medicine is a scam
join the ethically ambiguous legal field instead
Dkk
18:57
I want to meet an attorney that defends clients who run into flat earth problems. I want an attorney that knows and believes in flat earth theory.
19:05
i want a flat earther for president. i want a guy who posts on 4chan for president. i want someone who mogs for president.
Dkk
19:18
Exactly. My version of that awful poem.
Dkk
19:19
I can accept a president with maybe one or two of the poems traits hut good God, all of them??? No ty.
windyMagician
19:20
president who respects sex is crazy
windyMagician
19:20
we had bill clinton already
Dkk
19:21
Bill Clinton, first and last black president
windyMagician
19:23
I want to go running but my leg feels weird
windyMagician
19:23
it doesn't hurt its just tingly
Dkk
19:26
It needs more alcohol. You tingle when your nerves need watering.
19:27
try stretching it maybe to see what's up
windyMagician
19:27
stretches make me think it's just soreness
windyMagician
19:27
I'm sober lol
Dkk
19:38
Anyone else get the google notification that your LSD password has been compromised lol. LSD got hacked.
20:48
what.jpg @Dkk
CynicalOops
21:03
You think you just fell out of a coconut tree?
jackfrost11770
21:10
nope dk
CynicalOops
22:37
Calvinamala Harris
jackfrost11770
23:16
should i start using letterboxed again
Dkk
23:25
@jackfrost11770: if you want but like it aint for me
dk do u ever eat at bk
Dkk
23:48
@chickenburgahfart: I would do that in the Army if really desperate for food or if I had to work through lunch. One of the few fast food places I go to.
bk so slept on
Dkk
0:23
I will take In N Out everyday over it when I can though.
texaslawhopefully
1:22
In N Out is not only the best fast food place, but the prices too are fantastic
Dkk
1:27
Indeed, indeed.
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