Developed under the auspices of the Custom Cooperation Council (now the World Customs Organization)the system which took effect is referred to as:
A)preferential tariffs.
B)harmonized tariff.
C)BTN duty.
D)specialized tariff.
E)antidumping duty.

Question

Quizplus · Accepted Answer

The system developed under the auspices of the Customs Cooperation Council (now the World Customs Organization) that took effect is referred to as the Harmonized Tariff System. This system is an internationally standardized system of names and numbers for classifying traded products.

Developed Under the Auspices of the Custom Cooperation Council (Now