Vocabulary Customs Administration

Trade (n):
the act or process of buying, selling, or exchanging commodities,at either wholesale or      retail, within a country or betweencountries: domestic trade; foreign trade.

General Agreement on Tariffs and Trade (n): 
an international organization formed in 1948 to establish common rulesgoverning tariffs     and to eliminate restrictive trade practices.Abbreviation:  GATT

trade barrier (n): 
any regulation or policy that restricts international trade, especiallytariffs, quotas, etc.

sub·si·dy (n): 
a direct pecuniary aid furnished by a government to a privateindustrial undertaking, a charity  organization, or the like.

Exports (v):
to ship (commodities) to other countries or places for sale,exchange, etc.

WCO (n):

Independent intergovernmental body whose mission is to improve the administration of customs

Free trade (n): trade between countries, free from governmental restrictions orduties.

Wrongly (adj):

not in accordance with what is morally right or good: a wrongdeed.

Customs (n):

duty on imports or exports, the government department responsible for the collection of these duties, the part of a port, airport, frontier station, etc, where baggage and freight are examined for dutiable goods and contraband.

Duties (n):

something that one is expected or required to do by moral or legal obligation.