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| Definition: |
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Shuttle trade refers to the activity in which individual entrepreneurs buy goods abroad and import them for resale in street markets or small shops. Often the goods are imported without full declaration in order to avoid import duties.
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| Source
Publication: |
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Measuring the Non-Observed Economy: A Handbook, OECD, IMF, ILO, Interstate Statistical Committee of the Commonwealth of Independent States, 2002, Annex 2, Glossary.
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| Statistical
Theme: International trade statistics |
| Created
on Tuesday, September 25, 2001 |
| Last
updated on Wednesday, February 04, 2004 |
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