Goods and Fungible Materials. 1. Where originating and non-originating fungible goods are physically mixed or combined in inventory, the origin of these goods may be determined on the basis of the physical segregation of each commodity or fungible material, or by the use of any inventory management method, such as average, last-in-first-out (LIFO) or first-in-first-out (FIFO), recognized in the Generally Accepted Accounting Principles of the Party where the production takes place or otherwise accepted by the Party where the production takes place.
Goods and Fungible Materials. 1. For the purpose of determining whether a good is originating, any good or fungible material shall be distinguished by:
Goods and Fungible Materials. 1. For the purposes of establishing whether a good is originating, when originating and non-originating fungible materials that are physically mixed or combined in inventory are used in its production, the origin of the materials may be determined by one of the inventory management methods set out in paragraph 3.
