________ is the customs value of imported goods that is based on the price actually paid or payable for goods at the time they were sold for export.

Question

Quizplus · Accepted Answer

The customs value of imported goods that is based on the price actually paid or payable for goods at the time they were sold for export is known as the transaction value. This is the most commonly used method for determining customs value under the World Trade Organization's (WTO) Agreement on Customs Valuation.

________ Is the Customs Value of Imported Goods That Is