The purpose of this Act is to contribute to the growth of the national economy by promoting foreign trade, establishing a fair trade system, maintaining international balance of payments and expanding commerce.
Article 2 (Definitions)
The terms as used in this Act shall have the meanings indicated below:
1. The term “trade” means the exportation and importation of those falling under any of the following items (hereinafter referred to as “goods, etc.”):
(a) Goods;
(b) Services prescribed by Presidential Decree;
(c) Intangible goods in an electronic form prescribed by Presidential Decree;
2. The term “goods” means movables, which exclude those of the following items:
(a) Means of payment as defined in the Foreign Exchange Transactions Act;
(b) Securities as defined in the Foreign Exchange Transactions Act;
(c) Documents that embody any of the claims defined in the Foreign Exchange Transactions Act;
