International Blaw Exam 3 Quiz Question

U.S. Customs regulations specify many articles that are exempt from marking requirements. Some of these are:

Eggs, flowers, nuts, and bolts and products that cannot be marked without injury.

Agricultural products, in general, have few barriers to trade placed upon them.

False

Foreign Trade Zones are free ports provided by the import trading companies to stimulate international trade by allowing the receipt of imports to be duty free.

False

If goods are manufactured or produced in the U.S., Customs requires them to be marked "Made in the U.S.A."

False

In the United States v. Golden Ship Trading Co case, Wu imported t-shirts that were mostly manufactured in China but finished in the Dominican Republic. Wu was found not liable for penalties because she demonstrated that she exercised due care in verifying the merchandise was manufactured in the Dominican Republic.

False

Only customs brokers are allowed to enter goods into the customs territory of the United States.

False

The Flammable Fabrics Act is an example of a technical regulation that is in violation of the principles of GATT/WTO.

False

Under the Harmonized Tariff Schedule, all members of the WTO charge the same rate of duty upon the import of the same or similar products.

False

ISO 14000 refers to:

Guidelines in environmental management and labeling.

When there are two possible classifications for goods (such as the Zeiss microscopes), the importer should decide based on

The Rule of Relative specificity

To determine the dutiable status of goods, factors considered all EXCEPT

The classification designation by the exporter

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

The final assessment of applicable duties.

All of the following indicate that a product has been substantially transformed except:

The product has been manufactured in one country and shipped to an intermediary country before coming to the U.S.

The principal use of an article refers to:

The use that is greater than any other single use of the article

The establishment and giving notice of new technical standards for products well in advance to permit foreign manufacturer and importer response is referred to as:

Transparency

A subsidy potentially exists where the government has conferred a financial benefit to a domestic firm or industry.

True

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.

True

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.

True

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.

True

Global quotas are quantitative import restrictions on a particular product regardless of its country of origin.

True

In the Pesquera Mares Australes v. United States case, the court found that the Chilean salmon exporter had violated U.S. antidumping laws.

True

The principle of least-restrictive trade means that otherwise valid restrictions on trade can be no more restrictive than necessary to achieve the goals for which they were imposed.

True

The symbol of an approved product in Japan is the government-authorized Japan Industrial Standards Mark.

True

Under GATT, an exception from the national treatment provision is granted to allow governments to favor domestic suppliers in some situations.

True

The Trade Act of 1974 provides authority for the president to do what, if barriers to U.S. trade are not lifted?

Use retaliation in the form of duties or quotas

Which of the following statements regarding the 1994 Agreement on Technical Barriers to Trade is false?

Whenever possible, product requirements should be based on the design and descriptive characteristics of a product, rather that its performance.

When a petition for import relief is filed with the International Trade Commission, pursuant to Section 201, the ITC conducts an investigation and must consider all the following factors except:

Ability of industry to shift to production of other products.

The first multilateral, legally enforceable agreement to establish rules for international trade in services was:

The General Agreement on Trade in Services.

Goods may be refused entry into the U.S. by the Bureau of Customs and Border Protection due to:

All of these are correct

Under the GATT escape clause, which of the following might be considered a sign of 'market disruption' within domestic firms due to increased imports of foreign goods?

All of these are correct

Which of the following are included in the dutiable assists?

All of these are correct

In the United States, technical regulations and product standards can be set by:

All of these are correct.

The GATT escape clause:

Allows a country to take temporary corrective action to protect a domestic industry.

Section 301 refers to a law that permits the U.S. to retaliate unilaterally

Both I and II

The requirements for import relief (safeguards) under U.S. law include all of the following except:

Circumstances causing this situation were unforeseen.

Countries must rely on internationally accepted standards or recommendations for the protection of their plants, animals, and foodstuffs. The most notable are found in the _____.

Codex Alimentarius

In determining the description of an article under the tariff schedules, the courts rely on:

Common meaning and scientific authorities and expert witnesses.

In determining for dumping purposes if a sale is less than fair value, the International Trade Administration:

Compares the foreign market value of the imported product with the U.S. price

A 99% refund of duties and taxes paid on merchandise that is imported, subjected to manufacture or production, and then exported within five years is called a:

Manufacturing drawback.

You work for Home Goods and are purchasing and importing shower curtain sets for resale. The package includes a fabric curtain and a waterproof plastic liner. The tariff classification will be

No Clue

You are a retailer in the U.S. and plan to import holiday goods from a manufacturer located in Mexico. When looking at the HTSUS after determining the classification, you would find the applicable tariff rate in

No clue

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

None of these are correct

The U.S. law dealing with import relief is:

Sec. 201, Trade Act of 1974.

ISO 9000 refers to:

Standards used for assuring product quality through product design and manufacturing process.

If an importer legally modifies a product to take advantage of a lower tariff rate in a slightly different classification, this is called

Tariff engineering

A law or regulation affecting a product's characteristics that must be met before a product can enter a country is a:

Technical regulation

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

The Caribbean Basin Economic Recovery Act.