### Question
Can you define what value means?


### Answer
**Value** is defined as the following in *19 U.S.C. § 4531*:

> the value of a good or material for purposes of calculating customs duties or applying this section

#### Citation:
  - *19 U.S.C. § 4531*
  - Heading: **CHAPTER 29-UNITED STATES&ndash;MEXICO&ndash;CANADA AGREEMENT IMPLEMENTATION > SUBCHAPTER II-CUSTOMS PROVISIONS**

