Question 1

The customs service may seize articles imported into the U.S.that violate trademark or copyright laws of a U.S.firm but the mark must be registered with the:

Accepted Answer

The answer of The customs service may seize articles imported...

Question 2

The purpose of trade preferences is to provide assistance for countries whose economies are developing.

Accepted Answer

Trade preferences are intended to help developing economies by providing them with preferential treatment in trade. This is done through measures such as reduced tariffs and quotas, as well as technical and financial assistance. The goal is to help these countries integrate into the global economy and experience greater economic growth and development.

Question 3

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

The answer of Caribbean nations that do not cooperate with...

Question 4

Assume Article X is manufactured in Country Y.It is shipped to Country Z where it is substantially transformed before being imported into the United States for resale.For the purposes of imposing import duties under U.S.law,Article X will be considered a product of Country Z.

Accepted Answer

According to the given information, Article X is substantially transformed in Country Z before being imported into the United States. Therefore, for the purpose of imposing import duties under U.S. law, it will be considered a product of Country Z.

Question 5

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

Accepted Answer

The correct agency is U.S. Customs and Border Protection, which is not listed among the options.

Question 6

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

This is true. In order for a product to be considered originating from a GSP country, it must undergo a dual transformation in that country, meaning that the product must undergo substantial manufacturing or processing in that country beyond mere assembly or packaging. Additionally, the imported materials used in the product must not exceed certain thresholds, as outlined in the GSP rules of origin.

Question 7

A full refund of duties paid is made when imported goods that do not conform to specifications are returned to U.S.customs within 90 days and returned to the seller under U.S.customs supervision.

Accepted Answer

The answer of A full refund of duties paid is...

Question 8

An imported item substantially transformed in the United States by the importer before being sold to the ultimate purchaser need not be marked with a foreign country of origin.

Accepted Answer

This is true according to the marking requirements set forth by the US Customs and Border Protection agency. If an imported item has been substantially transformed in the US, it no longer bears the country of origin of the original imported item and is exempt from marking requirements.

Question 9

Liquidation of goods by the U.S.Bureau of Customs and Border Protection refers to:

Accepted Answer

Liquidation in the context of the U.S. Bureau of Customs and Border Protection refers to the final computation and assessment of duties on imported goods, not the disposal or sale of goods.

Question 10

A binding ruling,issued by the U.S.Bureau of Customs and Border Protection,is issued with regard to:

Accepted Answer

A binding ruling issued by the U.S. Bureau of Customs and Border Protection is issued for an advance determination of the dutiable status of goods. It is not related to penalties imposed for non-payment of duties owed or seizure of goods not allowed for import to the U.S.

Question 11

Goods held in a Foreign Trade Zone must be removed within one year of their original import date.

Accepted Answer

Goods held in a Foreign Trade Zone can remain there indefinitely as long as they remain in their original condition or are being processed or manipulated in a way that adds value to the product. There is no one-year time limit for removal.

Question 12

Shipments to be entered must be accompanied by commercial invoices written in English and in the native language of the country of origin to assure that there are no discrepancies.

Accepted Answer

Commercial invoices are typically required to be in English or the language of the importing country to facilitate customs clearance, not necessarily in the native language of the country of origin.

Question 13

Foreign Trade Zones make it possible for U.S.manufacturers to export goods without having to pay any duties.

Accepted Answer

Foreign Trade Zones allow goods to be stored, manufactured, or reworked on U.S. soil without being subject to customs duties and taxes until they enter U.S. territory for domestic consumption. Duties are only waived if the goods are exported from the FTZ, but manufacturers still have to pay duties if the goods are sold in the U.S. market.

Question 14

Foreign Trade Zones are free ports provided by the government to allow the receipt of imports to be duty free.

Accepted Answer

Foreign Trade Zones (FTZs) are secure areas within the United States that are considered outside of the customs territory of the U.S. for the purposes of tariff laws and other customs regulations. This allows companies to bring in foreign goods duty-free or at a reduced tariff rate if they are processed, transformed, or assembled within the FTZ and then sold domestically or re-exported.

Question 15

Duty-free status is granted to Caribbean nations under the guidelines of both CBERA and the GSP.

Accepted Answer

Caribbean nations are granted duty-free status under the guidelines of both CBERA (Caribbean Basin Economic Recovery Act) and the GSP (Generalized System of Preferences).

Question 16

The purpose of country-of-origin marking requirements is to give consumers in the marketplace the information they need about the products they purchase.

Accepted Answer

This is because country-of-origin marking requirements help consumers make informed purchasing decisions by providing them with information about where a product was made or manufactured. This information can be important for a number of reasons, such as ensuring product quality, identifying potential safety hazards, or supporting local businesses.

Question 17

To determine the dutiable status of goods,it is necessary to know their classification,country of origin,and details pertaining to:

Accepted Answer

The value of goods is a crucial factor in determining their dutiable status. The customs duty is usually a percentage of the value of the goods, so knowing the value is essential.

Option A, perishable/non-perishable status, is not relevant to the dutiable status of goods as it refers to the likelihood of spoilage and deterioration of goods during transportation.

Option B, partially or fully manufactured goods, is also not a determining factor as both types of goods may be subject to customs duties.

Option D, raw materials to be used in production, may impact the duty rates, but it is not as significant as the value of the finished product.

Question 18

There are many provisions made in U.S.tariff laws designed to aid developing countries.

Accepted Answer

The U.S. tariff laws have several provisions like preferential trade agreements and duty-free treatment for certain products for developing countries. These provisions are intended to support the economic growth of these countries by increasing their exports and creating jobs.

Question 19

Where the transaction value of merchandise cannot be determined,the U.S.Bureau of Customs and Border Protection will look to the dutiable value of identical merchandise imported under similar circumstances.

Accepted Answer

This is true according to the rules of the U.S. Bureau of Customs and Border Protection.

Question 20

The country of origin is always determined by where the article is grown,produced,or manufactured.

Accepted Answer

The country of origin can also be determined by where the last substantial transformation of the product took place, not just where it was grown, produced, or manufactured.

Quiz 12: Imports, Customs, and Tariff Law