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Week 2 Lesson 1 – Math In International Trade (Part 2) Abbreviations. In the tariff schedule the following symbols and abbreviations are used with the meanings respectively indicated below:

Customs and Trade Automated Interface Requirements

Appendix C - https://www.cbp.gov/sites/default/files/documents/ACE%20CATAIR%20Appendix%20C_22Feb2016.pdf

Tariff Abbreviations

This appendix lists standard Harmonized Tariff Schedule (HTS) units of measure

abbreviations and their meanings.

Additional units of measure abbreviations can be found in the

Harmonized Tariff Schedule in the General Statistics Notes, Item 4, Abbreviations Section.

HTS Units of Measure Code Description

AC Alternating Current

ASTM American Society for Testing Materials

BBL Barrels

BOL Boluses (Dosage)

C Celsius

CAP Capsules (Dosage)

CAR Carat

CC Cubic Centimeter

CFT Cubic Feet (Volume)

CG Centigrams

CGM Content Gram

CKG Content Kilogram

CM Centimeters

CM2 Square Centimeters

CM3 Cubic Centimeters

CTN Content Ton

CU Cubic

CUR Curie

HTS Units of Measure Code Description

CY Clean Yield

CYD Cubic Yards (Volume)

CYG Clean Yield Gram

CYK Clean Yield Kilogram

D Denier

DC Direct Current

DEG Degree

DOZ Dozen

DPC Dozen Pieces

DPR Dozen Pairs

FBM Fiber M

FIB Fibers

FOZ Ounces, fluid (Volume)

FT Feet (Length)

G Gram

GAL (US)(Volume)

GBQ Giqabecquerel

GR Gross

GRL Gross Lines

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HTS Units of Measure Code Description

GVW Gross Vehicle Weight

HUN Hundreds

HZ Hertz

IRC Internal Revenue Code

JWL Number of Jewels

K 1,000

KCAL Kilocalories

KG 1,000 Grams

KHZ Kilohertz

KM 1,000 Meters

KM2 1,000 Square Meters

KM3 1,000 Cubic Meters

KN Kilonewtons

KPA Kilopascal

KSB 1,000 Standard Brick

KVA Kilovolt - Amperes

KVAR Kilovolt - Amperes Reactive

KW Kilowatts

KWH Kilowatt-Hours

L Liter

LB Pounds, (weight) avdp)

LIN Linear

LNM Linear Meters

M Meters

M2 Square Meters

M3 Cubic Meters

MBQ Megabecquerel

MC Millicurie

MG Milligram

MHZ Megahertz

ML Milliliter

MM Millimeters

MPA Megapascal

NO Number

ODE Ozone Depletion Equivalent

OZ Ounces, (weight) (avdp)

PCS Pieces

PF Proof

PFG Proof Gallon

PFL Proof Liter

PK Pack

PRS Pairs

PTL Pints, liquid (US) (Volume)

HTS Units of Measure Code Description

QTL Quarts, liquid (US) (Volume)

RPM Revolutions Per Minute

SBE Standard Brick Equivalent

SFT Sq. Feet (Area)

SQ Square

SQI Sq, Inches (Area)

STN Short Ton (2000 LB)

(Weight)

SUP Suppositories (Dosage)

SYD Sq. Yards (Area)

T Metric Ton

TAB Tablets (Dosage)

TON Long Ton (2,240 LB) (WGT)

TOZ Ounces,Troy/APOTH(WGT)

V Volts

W Watts

WG Wine Gallon

WL Wine Liter

WT Weight

X* Quantity Not Required (valid

only for HTS statistical

reporting)

YD Yards (Length)

HTS numbers have duty rates based value, quantity, or value and quantity. Value based duty rates are a percentage (%) of the price of the imported item. Quantity based duty rates are a set amount per number of items. Many of the quantity rates are a fraction of a cent. For example .04¢ is less than one penny. It is $0.0004. Pay close attention to the ¢ symbol versus the $ symbol – it will make a big difference in the totals.

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Conversion tables Conversion tables for computation of taxable quantity of spirits, wine & beer DISTILLED SPIRITS

Bottle size Equivalent fluid ounces

Bottles per case

Liters per case U.S. Gallons per case

Corresponds to

1.75 liters 59.2 Fl. Oz. 6 10.50 2.773806 1/2 gallon

1.00 liters 33.8 Fl. Oz. 12 12.00 3.170064 1 Quart

750 milliliters 25.4 Fl. Oz. 12 9.00 2.377548 4/5 Quart

375 milliliters 12.7 Fl. Oz. 24 9.00 2.377548 4/5 Pint

200 milliliters 6.8 Fl. Oz. 48 9.60 2.536051 1/2 Pint

100 milliliters 3.4 Fl. Oz. 60 6.00 1.585032 1/4 Pint

50 milliliters 1.7 Fl. Oz. 120 6.00 1.585032 1, 1.6 & 2 Oz.

Official Conversion Factor: 1 Liter = 0.264172 U.S. Gallon

What is proof? Proof is a method of measuring the alcohol content of spirits. You calculate the proof of a spirits product by multiplying the percent of alcohol by volume by two (2). For example, a spirits product that has a 40% alcohol content by volume is 80 proof [40 multiplied by 2 = 80]. Converting U.S. gallons into proof gallons for tax purposes: 1. Multiply U.S. gallons by the percent of alcohol by volume. 2. Multiply by 2. 3. Divide by 100. Sample calculation: 1. 100 U.S. gallons x 40% alcohol by volume=4000 2. 4000 x 2=8000 3. 8000/100= 80 proof gallons WINE

Bottle size Equivalent fluid ounces

Bottles per case

Liters per case U.S. Gallons per case

Corresponds to

3 liters 101 Fl. Oz. 4 12.00 3.17004 4/5 Gallon

1.5 liters 50.7 Fl. Oz. 6 9.00 2.37753 2/5 Gallon

1.00 liters 33.8 Fl. Oz. 12 12.00 3.17004 1 Quart

750 milliliters 25.4 Fl. Oz. 12 9.00 2.37753 4/5 Quart

500 milliliters 16.9 Fl. Oz. 24 12.00 3.17004 1 Pint

375 milliliters 12.7 Fl. Oz. 24 9.00 2.37753 4/5 Pint

187 milliliters 6.3 Fl. Oz. 48 8.976 2.37119 2/5 Pint

100 milliliters 3.4 Fl. Oz. 60 6.00 1.58502 2, 3 & 4 Oz.

50 milliliters 1.7 Fl. Oz. 120 6.00 1.58502 1, 1.6 & 2 Oz.

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Official Conversion Factor: 1 Liter = 0.26417 U.S. Gallon

BEER Barrel equivalents of common keg and case sizes are printed in the beer regulations. Brewers must request case equivalent computations for other sizes from the Regulations Division in Headquarters. One barrel equals 31 U.S. Gallons. §25.156 Determination of tax on keg beer. §25.157 Determination of tax on bottled beer. §25.158 Tax computation for bottled beer.

1. What is a proof gallon and how do I convert regular gallons to proof gallons?

A proof gallon is one liquid gallon of spirits that is 50% alcohol at 60 degrees F. Distilled Spirits* bottled at 80 proof (40% alcohol) would be 0.8 proof gallons per gallon of liquid. At 125 proof, a gallon of liquid would be 1.25 proof gallons. In the industrial and fuel industries, most alcohol is at 190 or 200 degrees of proof. One gallon of alcohol that is 200 proof is equal to 2.0 proof gallons. Refer to 27 CFR Part 19 and 27 CFR Part 30 concerning procedures for determining proof, gauging spirits to determine quantity by weight or volume, or other procedures and regulations concerning measurement of alcohol. *(also known in beverage and industrial or fuel industries as alcohol or ethanol)

2. Do I fill out my reports in proof gallons or regular gallons?

Three of the required monthly operational reports submitted by a Distilled Spirits Plant (Forms 5110.40 – Production; 5110.11 – Storage; F 5110.28 – Processing) are completed using proof gallons. The fourth report – Form 5110.43 – Processing (Denaturing) – is completed in wine gallons (regular US liquid gallons). All denatured alcohol and articles manufactured from denatured alcohol are shown in records and reports in wine gallons. Line 11 of Form 5110.28, Used for Denaturation, is expressed in proof gallons. The corresponding line 2 of the Form 5110.43, Produced (denatured spirits) is expressed in wine gallons – it reflects the net quantity of wine gallons of spirits, plus added denaturing materials reflected in the finished denatured alcohol product.

Currency Exchange Rates Example – Treasury Reporting Rates of Exchange as of March 31, 2014

Country - Currency Foreign Currency to $1.00

AFGHANISTAN - AFGHANI 56.6000

ALBANIA - LEK 101.2500

ALGERIA - DINAR 77.4900

ANGOLA - KWANZA 95.0000

ANTIGUA - BARBUDA - E. CARIBBEAN DOLLAR 2.7000

ARGENTINA-PESO 7.8800

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ARMENIA - DRAM 410.0000

AUSTRALIA - DOLLAR 1.1200

AUSTRIA - EURO 0.7300

AZERBAIJAN - NEW MANAT 0.8000

BAHAMAS - DOLLAR 1.0000

BAHRAIN - DINAR 0.3800

BANGLADESH - TAKA 79.0000

BARBADOS - DOLLAR 2.0200

BELARUS - RUBLE 9760.0000

BELGIUM-EURO 0.7300

BELIZE - DOLLAR 2.0000

BENIN - CFA FRANC 477.7900

BERMUDA - DOLLAR 1.0000

BOLIVIA - BOLIVIANO 6.8600

BOSNIA-HERCEGOVINA MARKA 1.4200

BOTSWANA - PULA 8.8100

BRAZIL - REAL 2.3200

BRUNEI - DOLLAR 1.2500

BULGARIA - LEV 1.4200

BURKINA FASO - CFA FRANC 477.7900

BURMA - KYAT 987.0000

BURUNDI - FRANC 1540.0000

CAMBODIA (KHMER) - RIEL 4103.0000

CAMEROON - CFA FRANC 475.5400

CANADA - DOLLAR 1.1100

CAPE VERDE - ESCUDO 80.3000

CAYMAN ISLANDS - DOLLAR 0.8200

CENTRAL AFRICAN REPUBLIC - CFA FRANC 475.5400

CHAD - CFA FRANC 475.5400

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CHILE - PESO 561.4500

CHINA - RENMINBI 6.1500

COLOMBIA - PESO 2052.2300

COMOROS - FRANC 361.3500

CONGO - CFA FRANC 475.5400

CONGO, DEM. REP - CONGOLESE FRANC 920.0000

COSTA RICA - COLON 502.0000

COTE D'IVOIRE - CFA FRANC 477.7900

CROATIA - KUNA 5.5200

CUBA-PESO 1.0000

CYPRUS-EURO 0.7300

CZECH - KORUNA 19.5700

DENMARK - KRONE 5.4100

DJIBOUTI - FRANC 177.0000

DOMINICAN REPUBLIC - PESO 43.1600

ECAUDOR-DOLARES 1.0000

EGYPT - POUND 6.9600

EL SALVADOR-DOLARES 1.0000

EQUATORIAL GUINEA - CFA FRANC 475.5400

ERITREA - NAKFA 15.0000

ESTONIA-EURO 0.7300

ETHIOPIA - BIRR 19.2200

EURO ZONE - EURO 0.7300

FIJI - DOLLAR 1.8600

FINLAND-EURO 0.7300

FRANCE-EURO 0.7300

GABON - CFA FRANC 475.5400

GAMBIA - DALASI 40.0000

GEORGIA-LARI 1.7500

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GERMANY FRG-EURO 0.7300

GHANA - CEDI 2.5500

GREECE-EURO 0.7300

GRENADA - EAST CARIBBEAN DOLLAR 2.7000

GUATEMALA - QUENTZAL 7.7500

GUINEA 6892.0000

GUINEA BISSAU - CFA FRANC 477.7900

GUYANA - DOLLAR 202.0000

HAITI - GOURDE 43.8500

HONDURAS - LEMPIRA 20.4200

HONG KONG - DOLLAR 7.7600

HUNGARY - FORINT 224.7600

ICELAND - KRONA 112.3700

INDIA - RUPEE 61.7500

INDONESIA - RUPIAH 11500.0000

IRAN - RIAL 8229.0000

IRAQ - DINAR 1166.0000

IRELAND-EURO 0.7300

ISRAEL-SHEKEL 3.4800

ITALY-EURO 0.7300

JAMAICA - DOLLAR 106.0000

JAPAN - YEN 101.8800

JERUSALEM-SHEKEL 3.4800

JORDAN - DINAR 0.7100

KAZAKHSTAN - TENGE 184.1000

KENYA - SHILLING 86.4500

KOREA - WON 1065.7100

KUWAIT - DINAR 0.2800

KYRGYZSTAN - SOM 52.8000

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LAOS - KIP 8014.0000

LATVIA - LATS 0.7300

LEBANON - POUND 1500.0000

LESOTHO - SOUTH AFRICAN RAND 10.6300

LIBERIA - U.S. DOLLAR 81.0000

LIBYA-DINAR 1.2400

LITHUANIA - LITAS 2.5000

LUXEMBOURG-EURO 0.7300

MACAO - MOP 8.0000

MACEDONIA FYROM - ARIA 44.4000

MADAGASCAR-FRANC 2330.3999

MALAWI - KWACHA 434.0000

MALAYSIA - RINGGIT 3.2800

MALI - CFA FRANC 477.7900

MALTA-EURO 0.7300

MARSHALLS ISLANDS - DOLLAR 1.0000

MARTINIQUE-EURO 0.7300

MAURITANIA - OUGUIYA 300.0000

MAURITIUS - RUPEE 29.9500

MEXICO - NEW PESO 13.2500

MICRONESIA - DOLLAR 1.0000

MOLDOVA - LEU 13.5800

MONGOLIA - TUGRIK 1787.5900

MONTENEGRO-EURO 0.7300

MOROCCO - DIRHAM 8.1800

MOZAMBIQUE - METICAL 31.4000

NAMIBIA-DOLLAR 10.6300

NEPAL - RUPEE 100.6000

NETHERLANDS-EURO 0.7300

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NETHERLANDS ANTILLES - GUILDER 1.7800

NEW ZEALAND - DOLLAR 1.1900

NICARAGUA - CORDOBA 25.5500

NIGER - CFA FRANC 477.7900

NIGERIA - NAIRA 165.1000

NORWAY - KRONE 6.0000

OMAN - RIAL 0.3900

PAKISTAN - RUPEE 104.8700

PALAU-DOLLAR 1.0000

PANAMA - BALBOA 1.0000

PAPUA NEW GUINEA - KINA 2.4300

PARAGUAY - GUARANI 4430.4102

PERU - NUEVO SOL 2.8100

PHILIPPINES - PESO 44.6100

POLAND - ZLOTY 3.0200

PORTUGAL-EURO 0.7300

QATAR - RIYAL 3.6400

ROMANIA - LEU 3.2600

RUSSIA - RUBLE 36.1300

RWANDA - FRANC 674.2400

SAO TOME & PRINCIPE - DOBRAS 17850.1504

SAUDI ARABIA - RIYAL 3.7500

SENEGAL - CFA FRANC 477.7900

SERBIA-DINAR 83.8100

SEYCHELLES - RUPEE 12.0000

SIERRA LEONE - LEONE 4321.0000

SINGAPORE - DOLLAR 1.2700

SLOVAK REPUBLIC - EURO 0.7300

SLOVENIA - EURO 0.7300

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SOLOMON ISLANDS - DOLLAR 7.0900

SOUTH AFRICA - RAND 10.6300

SOUTH SUDANESE - POUND 3.0000

SPAIN - EURO 0.7300

SRI LANKA - RUPEE 130.7000

ST LUCIA - EC DOLLAR 2.7000

SUDAN - SUDANESE POUND 6.1000

SURINAME - GUILDER 3.3500

SWAZILAND - LILANGENI 10.6300

SWEDEN - KRONA 6.4200

SWITZERLAND - FRANC 0.8800

SYRIA - POUND 143.1500

TAIWAN - DOLLAR 30.3000

TAJIKISTAN - SOMONI 4.8000

TANZANIA - SHILLING 1621.0000

THAILAND - BAHT 32.6300

TIMOR - LESTE DILI 1.0000

TOGO - CFA FRANC 477.7900

TONGA - PA'ANGA 1.7600

TRINIDAD & TOBAGO - DOLLAR 6.3800

TUNISIA - DINAR 1.5700

TURKEY - LIRA 2.2200

TURKMENISTAN - MANAT 2.8400

UGANDA - SHILLING 2525.0000

UKRAINE - HRYVNIA 9.4000

UNITED ARAB EMIRATES - DIRHAM 3.6700

UNITED KINGDOM - POUND STERLING 0.6000

URUGUAY - PESO 22.4200

UZBEKISTAN - SOM 2265.0000

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The Department of Treasury is responsible for posting the foreign currency exchange rates. Department Of the Treasury Bureau of Fiscal Service Division of Federal Investments (202) 874-7994 Log on to the Treasury site - https://www.fiscal.treasury.gov/reports-statements/treasury-reporting-rates-exchange/current.html for a current currency conversion table.

VANUATU - VATU 95.0100

VENEZUELA - BOLIVAR 6.3000

VIETNAM - DONG 21100.0000

WESTERN SAMOA - TALA 2.2700

YEMEN - RIAL 214.5000

ZAMBIA - NEW KWACHA 5.8200

ZAMBIA - KWACHA 5455.0000

ZIMBABWE - DOLLAR 1.0000

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Shipping term abbreviations are similar and different than the Unit of Measure (UoM) abbreviations for the HTS. Example – CBM/M³ = Cubic Meter Similar UoM’s: KG - Kilograms LB - Pounds CF - Cubic Feet LF - Linear Feet A billing unit used in the international freight industry is W/M.

W/M - Weight or Measure

Billing will be based on whichever is greater based on the conversation factor. Weight: To get kilos from pounds, DIVIDE by 2.2046 To get pounds from kilos, MULTIPLY by 2.2046 You will use this conversion daily in the international trade and logistics industry. Volume (Ocean Freight): You usually get dimensions in inches. So, the typical scenario presents you with these calculations: Length (inches) X Width (inches) X Height (inches) X Number of Pieces = Volume Basis Volume Basis DIVIDED by 1728 = Cubic Feet Cubic Feet DIVIDED by 35.314 = Cubic Meters If you have centimeters, you DIVIDE by 2.54 to get inches. If you have millimeters, you DIVIDE by 22.54 to get inches. Volume (Air Freight): Length (inches) X Width (inches) X Height (inches) X Number of Pieces = Volume Basis

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Volume Basis DIVIDED by 366 = Volume Kilograms Volume Basis DIVIDED by 166 = Volume Pounds Note: It is essential with air calculations to understand that some carriers (primarily cartage companies for domestic pick-ups and deliveries) use their own chargeable basis. For example, one might charge based on a “volume pound factor of 250.” This means your cost and invoicing calculations would use 250 in place of the 166 above.

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Additional Math Conversions This concluding list of additional math conversions may prove to be useful in some aspects of business; but, in the context of the current course, they are completely optional.

Ratio of an igloo's circumference to its diameter = Eskimo Pi 2000 pounds of Chinese soup = Won ton 1 millionth of a mouthwash = 1 microscope Time between slipping on a peel and smacking the pavement = 1

bananosecond Weight an evangelist carries with God = 1 billigram Time it takes to sail 220 yards at 1 nautical mile per hour Knotfurlong 16.5 feet in the Twilight Zone = 1 Rod Sterling Half of a large intestine = 1 semicolon 1,000,000 aches = 1 megahurtz Basic unit of laryngitis = 1 hoarsepower Shortest distance between two jokes = A straight line 453.6 graham crackers = 1 pound cake 1 million-million microphones = 1 megaphone 2 million bicycles = 2 megacycles 365.25 days = 1 unicycle 2000 mockingbirds = 2 kilomockingbirds 52 cards = 1 decacards 1 kilogram of falling figs = 1 FigNewton 1000 milliliters of wet socks = 1 literhosen 1 millionth of a fish = 1 microfiche 1 trillion pins = 1 terrapin 10 rations = 1 decoration 100 rations = 1 C-ration 2 monograms = 1 diagram 25 4 nickels = 2 paradigms 2.4 statute miles of intravenous surgical tubing at Yale University Hospital =

1 IV League

Additional math conversions, by Anon, as caught drifting around the Internet courtesy of GISTnet.com