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An B C Con D E F G H I J K L M N O P Q R S Sp T U VWXYZ
Hard
Currency
Currency that has sound value, is generally acceptable at face value internationally, and
is convertible in
the open market. Also known as convertible currency.
Harmonized System
The Harmonized Commodity
Description and Coding System (or Harmonized System, HS) is a system for classifying goods
in international trade, developed under the auspices of the Customs Cooperation Council.
Beginning on January 1, 1989, the new HS numbers replaced previously adhered-to schedules
in over 50 countries, including the United States.
For the United States, the HS
numbers and four additional digits are the numbers that are entered on the actual export
and import documents. Any other commodity code classification number (SITC, end-use, etc.)
are just rearrangements and transformations of the original HS numbers.
Hearing
A hearing which is held at the request of an interested party in antidumping proceedings
for the purpose of allowing interested persons to express their views orally to officials
of the Commerce Department. The hearing is held prior to the Commerce Department's
(International Trade Administration) final determination or before the final results of an
administrative review are published.
Helsinki Accord
The Helsinki Accord deals with the
rights of people to migrate freely. The tourism portions of the Accord encourage: (a)
tourism and tourism studies, (b) preservation of artistic, historic and cultural heritages
of signatories, (c) lowering of fees and documentation needed for international travel,
and (d) other efforts to encourage cooperation on tourism among countries. The Accord was
signed in 1975.
Home Market Price
See Foreign Market Value.
Homologation .. of an Automobile
Homologation of an automobile is the certification by a country that a vehicle conforms to
its safety and emission standards -- primarily that a vehicle has been manufactured or
modified to meet a country's standards.
Horizontal Export Trading Company
An export trading company which exports a range of similar or identical products supplied
by a number of manufacturers or other producers. Webb-Pomerene Organizations,
trade-grouped organized export trading companies, and an export trading company formed by
an association of agricultural cooperatives are the prime examples of horizontally
organized export trading companies.
Horn of Africa
The Horn of Africa comprises Djibouti, Ethiopia, Somalia, and Sudan.
House Air Waybill (HAWB).
Freight forwarder's air waybill which refers to consolidated shipments. See Air Cargo
Receipt.
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