; or (B) the net cost method described in paragraph (3). (2) Transaction value method (A) In general An importer, exporter, or producer of a good may calculate the regional value content of the good on the basis of the following transaction value method: TV−VNM RVC = ————— × 100 TV (B) Definitions In this paragraph: (i) RVC The term RVC means the regional value content of the good, expressed as a percentage. (ii) TV The term TV means the transaction value of the good, adjusted to exclude any costs incurred in the international shipment of the good. (iii) VNM The term VNM means the value of nonoriginating materials used by the producer in the production of the good. (3) Net cost method (A) In general An importer, exporter, or producer of a good may calculate the regional value content of the good on the basis of the following net cost method: NC−VNM RVC = ————— × 100 NC (B) Definitions In this paragraph: (i) NC The term NC means the net cost of the good. (ii) RVC The term RVC means the regional value content of the good, expressed as a percentage. (iii) VNM The term VNM means the value of nonoriginating materials used by the producer in the production of the good. (4) Value of nonoriginating materials (A) In general The value of nonoriginating materials used by the producer in the production of a good shall not, for purposes of calculating the regional value content of the good under paragraph (2) or (3), include the value of nonoriginating materials used or consumed to produce originating materials that are subsequently used or consumed in the production of the good. (B) Special rule for certain components The following components of the value of nonoriginating materials used by the producer in the production of a good may be counted as originating content for purposes of determining whether the good meets the regional value content requirement set forth in Annex 4–B of the USMCA: (i) The value of processing the nonoriginating materials undertaken in the territory of one or more USMCA countries. (ii) The value of