Kerim Allam

The expenditure method is a system for calculating gross domestic product (GDP) that combines consumption, investment, government spending, and net exports. It is the most common way to estimate GDP. It says everything that the private sector, including consumers and private firms, and government spend within the borders of a particular country, must add up to the total value of all finished goods and services produced over a certain period of time. This method produces nominal GDP, which must then be adjusted for inflation to result in the real GDP.
The expenditure method may be contrasted with the income approach for calculated GDP.

The import and export price indexes (MXP) measure changes in the prices of non-military goods and services coming in and out of the United States.
MXPs are published for many different types of commodities, goods and service industries, location of origin, and location of destination. The indexes are updated once a month and are produced by the Bureau of Labor Statistics' (BLS) International Price Program (IPP).

Duty charges for exporting the goods from the seller's port of destination are the responsibility of the seller. However, duty charges at the buyer's port of destination (import duties) are the responsibility of the buyer.

Labeling

Make sure goods are labelled clearly and in English.
You may be required to include specific labeling based on the type of goods, for example PPE-related or medical products require specific labeling. Other products require clear directions for use, licensing information, or best by date.
Packaging

Most carton shipments are built on pallets at origin because

It’s cheaper to palletize your shipments at origin when you’re importing into the US.
It’s easier to handle palletized freight because shipping loose cartons can lead to loss or damage to products.
The type of pallet you use is important for customs clearance, so before having your products palletized make sure it’s being done right. The US allows plastic or heat-treated and ISPM-15 certified wood pallets (because fungus found on wood can impact the American forestry industry). Non-compliance will result in the product being shipped back and you will have to assume the costs.

Airway bill is not a document of title by nature. However airway bill can be prepared such a way to treat as a documentary title. Airway bill is an evidence of meeting the contract terms of shipment. Also it is the receipt given by air carrier on receiving the goods. So, once after preparation of AWB to treat as document of title, such airway bill is treated as document of title and can be used to transfer goods to another party, not mentioned in Airway bill. Such transfer of consignee can be done by endorsing airway bill to such consignee. If an airway bill is made as document of title, such airway bill can be used under DP terms of payment also.