Definitions.

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In AS 44.88.500 - 44.88.599

(1) “export transaction” means a contract for the sale of goods, services, or raw materials that includes a term that requires the goods, services, or raw materials, in whole or in part, to be shipped to or provided in a foreign country.

(2) “prime rate” means the lowest United States money center prime rate of interest that is published in the Wall Street Journal.


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