Podcast
Questions and Answers
What is the purpose of an Adjustment Plan according to the Commission Order?
What is the purpose of an Adjustment Plan according to the Commission Order?
Which term refers to the group of natural persons or organized entities purchasing consumer products?
Which term refers to the group of natural persons or organized entities purchasing consumer products?
What does the term 'Directly competitive products' refer to?
What does the term 'Directly competitive products' refer to?
How is a 'Domestic industry' defined in the Commission Order?
How is a 'Domestic industry' defined in the Commission Order?
Signup and view all the answers
What could exempt a domestic producer from including its imported products in the domestic production assessment?
What could exempt a domestic producer from including its imported products in the domestic production assessment?
Signup and view all the answers
What is the role of the Tariff Commission as described in the Order?
What is the role of the Tariff Commission as described in the Order?
Signup and view all the answers
What is the significance of Republic Act No. 8800 in relation to the Commission Order?
What is the significance of Republic Act No. 8800 in relation to the Commission Order?
Signup and view all the answers
What is specifically required from a domestic industry in an Adjustment Plan?
What is specifically required from a domestic industry in an Adjustment Plan?
Signup and view all the answers
Study Notes
Commission Order Overview
- Revised rules govern formal investigations by the Tariff Commission under RA No. 8800 (Safeguard Measures Act).
- Adopted in Section 712 of RA No. 10863 (Customs Modernization and Tariff Act).
Key Definitions
- Adjustment Plan: A required action plan from domestic industries detailing quantified goals, specific measures, and timelines to adapt to import competition.
- Commission: Refers specifically to the Tariff Commission.
- Consumers: Includes individuals or organized groups purchasing or receiving consumer products, services, or credit.
- Directly Competitive Products: Domestically produced items that are substitutes for imported goods.
- Domestic Industry: Encompasses domestic producers of similar or directly competitive products, focusing on their collective output in the Philippines.
Special Considerations
- For domestic producers that import the product in question, only the domestic production of like or directly competitive products is considered part of the total domestic production.
Studying That Suits You
Use AI to generate personalized quizzes and flashcards to suit your learning preferences.
Description
Test your knowledge on the Revised Rules of Procedure for the conduct of formal investigations under the Republic Act No. 8800. This quiz covers essential aspects of the safeguard measures and customs modernization relevant to tariff regulations. Sharpen your understanding of these important trade policies.