Identical Goods

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Identical Goods

Two goods that are alike in all major respects. Identical goods have the same quantity and quality and are produced in the same country. Identical goods have the same value. They may have slight differences in appearance, however, but this does not affect their value. For example, two bricks of 14-carat gold fashioned in Belgium are considered identical goods.
References in periodicals archive ?
That clearly differs from the uniform policy followed by many other vertical operations, owned by manufacturer-retailer chains, under which the identical merchandise can be found in every location.
the transaction value of identical merchandise or similar merchandise, in sales to unrelated buyers in the United States."(86) Secondly, the transaction value will be acceptable when it "closely approximates ...
Direct buys of silver giftware, identical merchandise to that which sells at much higher prices in local department stores, according to Pinker, has marked a significant change in direction at Texas Drug Warehouse toward a more upscale mix of items on the closeout aisle.
Vendors who sell on the Web not only eat into sales of their products at retail, but confuse the consumer when price points on identical merchandise are different, and sometimes lower, than brick-and-mortar prices, said a general merchandise manager for home at a department store chain.