The U.S. uses a Harmonized Tariff Schedule that:
A) completed a 25-year formal governmental transfer from specific to ad valorem tariffs on all products
B) adopted the GATT tariff schedules set forth by the Community of Nations Accord signed in Paris in 1982
C) were developed by a group of countries to standardize the ways goods are classified by customs officials worldwide
D) provide for specific exemptions from WTO tariff schedules
E) bring U.S. tariffs in line with tariffs imposed on goods imported into foreign trade zones and duty-free ports
Correct Answer:
Verified
Q192: The U.S. publishes the duty imposed by
Q193: Business wanting to know the duty (tax)
Q194: Unlike an ad valorem tariff in international
Q195: A tariff which imposes a tax as
Q196: An ad valorem tariff is:
A) duty or
Q198: A specific tariff is:
A) applied only to
Q199: Which of the following is a NOT
Q200: The U.S. publishes the duty imposed by
Q201: If an anti-dumping order is issued against
Q202: "Dumping" is the practice of:
A) importing goods
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