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			Own Resources - 

The possession by the EC of financial resources which belong to them as of right, consisting of customs duties, levies on agricultural imports, and a proportion of the value-added tax (VAT) levied by the Member States. 

 Reference: Professor Derek Urwin, Department of Politics and International Relations, University of Aberdeen, Aberdeen, U.K.,

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Unless otherwise indicated, all entries in the LogisticsWorld Logistics Glossary are copyright 1997, Matthew D. Cox,


WWW Virtual Library of Logistics
Ver 4, Sep, 1999, Matthew D. Cox,
Sponsored by LogisticsWorld.
Copyright 1995, 1996, 1997, 1998, 1999 MDC, All rights reserved.