At the present time. some importers. when confronted by Customs with a shipment which contains goods other than those described in the documentation. profess innocence and claim there was no attempt at quota fraud on their part. that it was merely a mistake by the shippers. This practice would be greatly reduced if the importers have to go on record prior to shipment as to exactly what the shipment contains. Second. an import licensing scheme would provide an early warning system so that the U.S. Government would be able to administer the quota system more efficiently. Advance knowledge of what will be shipped will essentially eliminate overshipments which are a serious problem to the current system. The administering authorities will know precisely when to stop issuing import licenses and when to notify Customs that a quota should be controlled.
Keywords matched
quota system