Question 1

The government agency responsible for determining the dutiable status of goods is:

Accepted Answer

A)  U.S. Commerce Service. 
B)  U.S. Duties & Tax Service. 
C)  U.S. Port of Entry Service. 
D)  none of these are correct. 
A)  U.S. Commerce Service. 
B)  U.S. Duties & Tax Service. 
C)  U.S. Port of Entry Service. 
D)  none of these are correct.

Question 2

In the event Customs discovers that the information provided by the importer was fraudulent at the time of liquidation,the case can be reopened within five (5)years.

Accepted Answer

A) True 
 B)False

Question 3

Customs rules and duty assessment rates are uniform throughout NAFTA.

Accepted Answer

A) True 
 B)False

Question 4

The U.S.law granting trade preferences to imports from the island nations of the Caribbean and Central America is called:

Accepted Answer

A)  The Caribbean GSP Act. 
B)  The Latin American Free Trade Act. 
C)  The Lome Convention. 
D)  The Caribbean Basin Economic Recovery Act. 
A)  The Caribbean GSP Act. 
B)  The Latin American Free Trade Act. 
C)  The Lome Convention. 
D)  The Caribbean Basin Economic Recovery Act.

Question 5

What are the differences and similarities between the substantial transformation and the value-added test? What categories of countries are likely to favor which?

Accepted Answer

The substantial transformation test and

Question 6

For smaller commercial shipments that are mailed into the U.S.,the U.S.Postal Service letter carrier acts as an agent for the U.S.Bureau of Customs and Border Protection for purposes of collecting import duties.

Accepted Answer

A) True 
 B)False

Question 7

Where an imported item could be classified under several different provisions of the Harmonized Code,it generally falls under that provision which describes the item most specifically.

Accepted Answer

A) True 
 B)False

Question 8

A country designated as a beneficiary developing country is granted trade preferences for goods entering the U.S.market provided they meet all of the following conditions except:

Accepted Answer

A)  it is located in Asia. 
B)  it cooperates with the U.S. in the enforcement of narcotics laws. 
C)  it has not unlawfully expropriated the property of U.S. citizens. 
D)  it is not controlled by a communist government. 
A)  it is located in Asia. 
B)  it cooperates with the U.S. in the enforcement of narcotics laws. 
C)  it has not unlawfully expropriated the property of U.S. citizens. 
D)  it is not controlled by a communist government.

Question 9

Imported goods may be entered into the U.S.by the purchaser,consignee,or customs broker.

Accepted Answer

A) True 
 B)False

Question 10

Caribbean nations that do not cooperate with the U.S.in the enforcement of U.S.drug laws do not qualify for assistance under the Caribbean Basin Economic Recovery Act.

Accepted Answer

A) True 
 B)False

Question 11

In the United States v.Golden Ship Trading Co case,Wu,the owner,was found not liable because she exercised due care in verifying the merchandise was manufactured in the Dominican Republic.

Accepted Answer

A) True 
 B)False

Question 12

U.S.imports that originate in a normal trade relations country and are shipped to a GSP country must undergo a dual transformation in the GSP country in order for the GSP country to be considered the country of origin.

Accepted Answer

A) True 
 B)False

Question 13

The rule of informed compliance requires the customs broker to be responsible for compliance with customs laws and handling all documentation with reasonable care.

Accepted Answer

A) True 
 B)False

Question 14

The principal use of an article refers to:

Accepted Answer

A)  the purpose for which it is to be imported. 
B)  the use that is greater than any other single use of the article. 
C)  the use of the components once they are fully assembled. 
D)  any one of these. 
A)  the purpose for which it is to be imported. 
B)  the use that is greater than any other single use of the article. 
C)  the use of the components once they are fully assembled. 
D)  any one of these.

Question 15

Customs is barred from bringing a civil action to collect an import duty after:

Accepted Answer

A)  three years. 
B)  one year. 
C)  five years. 
D)  four years. 
A)  three years. 
B)  one year. 
C)  five years. 
D)  four years.

Question 16

In 1997,U.S.Customs adopted a "checklist" that provides an absolute legal standard of reasonable care to be used by importers.

Accepted Answer

A) True 
 B)False

Question 17

If an importer provides tools,dies,or molds to a foreign supplier free of charge to be used in the manufacturer of the imported items,the value of these assists will not be included in transaction value.

Accepted Answer

A) True 
 B)False

Question 18

In what ways do the rules regarding textiles and apparel differ from other rules regarding customs classification and valuation? In what ways do they resemble such rules? Consider the underlying justifications.

Accepted Answer

The rules regarding textiles and apparel

Question 19

In Otter Products,LLC v.U.S.,the court engages in an analysis of what "containers" are as used in the phrase "other containers" in Chapter 42 (Subheading 4202.900)and relies upon?

Accepted Answer

A)  Prior U.S. federal court precedent. 
B)  Court of International Trade precedent. 
C)  Oxford English Dictionary and Merriam-Webster Dictionary. 
D)  U.S. regulations and regulatory. 
A)  Prior U.S. federal court precedent. 
B)  Court of International Trade precedent. 
C)  Oxford English Dictionary and Merriam-Webster Dictionary. 
D)  U.S. regulations and regulatory.

Question 20

Under the Mod Act,negligent record keeping can be punished by fines up to a maximum of $5,000,or 20 percent of the value of the goods.

Accepted Answer

A) True 
 B)False

Exam 12: Imports,Customs,and Tariff Law

The government agency responsible for determining the dutiable status of goods is:

In the event Customs discovers that the information provided by the importer was fraudulent at the time of liquidation,the case can be reopened within five (5)years.

Customs rules and duty assessment rates are uniform throughout NAFTA.

The U.S.law granting trade preferences to imports from the island nations of the Caribbean and Central America is called:

What are the differences and similarities between the substantial transformation and the value-added test? What categories of countries are likely to favor which?

For smaller commercial shipments that are mailed into the U.S.,the U.S.Postal Service letter carrier acts as an agent for the U.S.Bureau of Customs and Border Protection for purposes of collecting import duties.

Where an imported item could be classified under several different provisions of the Harmonized Code,it generally falls under that provision which describes the item most specifically.

A country designated as a beneficiary developing country is granted trade preferences for goods entering the U.S.market provided they meet all of the following conditions except:

Imported goods may be entered into the U.S.by the purchaser,consignee,or customs broker.

Caribbean nations that do not cooperate with the U.S.in the enforcement of U.S.drug laws do not qualify for assistance under the Caribbean Basin Economic Recovery Act.

In the United States v.Golden Ship Trading Co case,Wu,the owner,was found not liable because she exercised due care in verifying the merchandise was manufactured in the Dominican Republic.

U.S.imports that originate in a normal trade relations country and are shipped to a GSP country must undergo a dual transformation in the GSP country in order for the GSP country to be considered the country of origin.

The rule of informed compliance requires the customs broker to be responsible for compliance with customs laws and handling all documentation with reasonable care.

The principal use of an article refers to:

Customs is barred from bringing a civil action to collect an import duty after:

In 1997,U.S.Customs adopted a "checklist" that provides an absolute legal standard of reasonable care to be used by importers.

If an importer provides tools,dies,or molds to a foreign supplier free of charge to be used in the manufacturer of the imported items,the value of these assists will not be included in transaction value.

In what ways do the rules regarding textiles and apparel differ from other rules regarding customs classification and valuation? In what ways do they resemble such rules? Consider the underlying justifications.

In Otter Products,LLC v.U.S.,the court engages in an analysis of what "containers" are as used in the phrase "other containers" in Chapter 42 (Subheading 4202.900)and relies upon?

Under the Mod Act,negligent record keeping can be punished by fines up to a maximum of $5,000,or 20 percent of the value of the goods.

Introduction to International Business

International Law and the World's Legal Systems

Resolving International Commercial Disputes

The Formation and Performance of Contracts for the Sale of Goods

The Documentary Sale and Terms of Trade

Legal Issues in International Transportation

Bank Collections and Letters of Credit

National Lawmaking Powers and the Regulation of U.S.Trade

The World Trade Organization: Basic Legal Principles

Laws Governing Access to Foreign Markets

Regulating Import Competition and Unfair Trade

Export Controls and Sanctions

North American Free Trade Law

The European Union

Marketing: Representatives,Advertising,and Anti-Corruption

Protection and Licensing of Intellectual Property

The Legal Environment of Foreign Direct Investment

Labor and Employment Discrimination Law

Environmental Law

Regulating the Competitive Environment

Filters