TARLAW
Under the partial accumulation rule in ATIGA ROO, what is the minimum percentage value required for the ASEAN material input? a. 20% c. 30% b. 25% d. 35%
a. 20%
. As a provisional measure against import surges, a cash bond estimated to be sufficient to prevent injury to the domestic industry will be imposed for the duration of a. 200 days b. 100 days c. 150 days d. 180 days
a. 200 days
The early harvest program covers the reduction to 0% tariff on products covered by HS Chapters 1-8. This program is provided only in which of the following agreement? a. ACFTA c. AIFTA b. AKFTA d. AJCEPA
a. ACFTA
This legally binding agreement between ASEAN member states that serves as a foundation in achieving the ASEAN Economic Community entered into force in December 2008 a. ASEAN Charter b. ASEAN Blueprint c. ASEAN Economic Plan d. ASEAN Free Trade Agreement
a. ASEAN Charter
Which of the following ROO criterion can only be applicable for the assembly of essentially complete parts of umbrella o finished folding umbrella, classification of which is in accordance with GIR 2a? a. RVC 40 c. CTSH b. CTH d. CC
a. RVC 40
Under the ROO, when the CC rule was agreed upon for a particular product, it means that a. All non-originating material inputs and the finished good must be classified under different HS chapters b. The regional value content required must be satisfied. c. All materials used must be classified under the same HS chapter where the finished good is classified. d. All non-originating materials and the finished good must fall under the same HS chapter.
a. All non-originating material inputs and the finished good must be classified under different HS chapters
. Which of the following forms of definitive safeguard measures is not mandated by RA 8800? a. An increase in, or imposition of, any duty on the imported product (such increase shall be subject or limited to the maximum levels of tariff as set forth in Section 401 (a) of the Tariff and Customs Code of the Philippines) b. A decrease in or the imposition of a tariff-rate quota (MAV) on the product. c. A modification or imposition of any quantitative restriction. d. One or more appropriate adjustment measures, including the provision of trade adjustment assistance.
a. An increase in, or imposition of, any duty on the imported product (such increase shall be subject or limited to the maximum levels of tariff as set forth in Section 401 (a) of the Tariff and Customs Code of the Philippines)
. Which one of the following is the general rule applied on determining whether an Asean product is originating or not under the ATIGA ROO? a. CTH or RVC 40 c. CTH b. CTHS plus RVC 35 d. RVC 40
a. CTH or RVC 40
Which of the following is not among those required in special safeguard cases? a. Causality b. Like product c. Imports exceed trigger volume d. Price falls below the trigger price
a. Causality
. The principles of the GIRs are applied in the exercise of this provision of the AHTN, as amended by the CMTA, RA 10863. a. Classification Ruling (Sec. 1100) b. The GIRs (Sec 1610) c. Promotion of Foreign Trade (Sec. 1609) d. The HS Structure (Sec 1611)
a. Classification Ruling (Sec. 1100
Which of the following choices below is not within the mandates of the Tariff Commission? a. Collection of taxes and tariff duties on imported commodities b. Adjudication of cases on trade remedy measures c. Conduct of Investigations on petitions for tariff protection d. Assistance to Congress on bills with tariff concerns
a. Collection of taxes and tariff duties on imported commodities
. Under the criterion on the change in tariff classification rule, all imported materials are considered non-originating except those a. Covered in accumulation b. Subject to preferential rate rule c. Whose rate if duty is zero d. Within the agreement
a. Covered in accumulation rule
. Identify which one of the examples below is an invalid product specific rule? a. Cutting of bookpaper into sheets (48.01) from bookpaper in rolls (48.01) - CTH b. Manufacture of printing machines ($100) from imported parts ($60) - RVC 40 c. Assembly of vehicles (87.03) from engine (84.08) - CC d. Raw hides from cattle born and raised in the country - WO
a. Cutting of bookpaper into sheets (48.01) from bookpaper in rolls (48.01) - CTH
The following are the legal notes used in the determination of proper commodity under the HS except for one which is the a. Explanatory Notes b. Sections Notes c. Chapter Notes d. Subheading Notes
a. Explanatory Notes
Following are some of the functions of the Tariff Commission under the CMTA, except for one which is a. Provide advance opinion on the value of intended importation b. Adjudicate cases on trade remedy measures c. Administer Philippine tariff schedule d. Issue advance ruling on tariff classification
a. Provide advance opinion on the value of intended importation
. HB 2017 is its latest major amendment. The last three of such amendments were conducted at the intervals of - a. Five years c. Four years b. Three years d. Two years
a. Five years
. A paper company wishes to import its pulp requirements at a duty lower that the existing rate. What provision in the CMTA can this company avail of? a. Flexible clause b. Advance ruling c. Safeguards d. Dumping
a. Flexible clause
Tool set consisting of hacksaw, hammer, screwdrivers and pliers, packed for retail sale, was classified in Heading 82.06 which covers "Tools of two or more of the heading 82.02 to 82.05, put up in sets for retail sale. Which one of the following rule was applied? a. GIR 1 c. GIR 3(b) b. GIR 2(b) d. GIR 4
a. GIR 1
Identify which of the following is not a specific requirement for an ASEAN product to be eligible for tariff preference under the ATIGA. a. Included in the sensitive list b. Satisfied the required ROO c. Accompanied with CO form D d. Tariff at the exporting country is 20% or below
a. Included in the sensitive list
An act providing tariff incentives in the form of zero duty on imported raw materials and capital equipment for qualified jewelry enterprises is known as a. Jewelry Industry Development Act b. Jewelry Act c. Jewelry Industry Act d. Jewelry Development Act
a. Jewelry Industry Development Act
. Under the WTO, these products are those not covered in the agreement on agriculture. These are known as a. NAMA products b. Industrial products c. Technical products d. Finished products
a. NAMA products
. Thailand imports eggs from the US, hatched and raised as fighting cocks and then exported to Indonesia. The rule for cocks to be considered originating under the ATIGA is WO, that is born and raised in the country. Is the cock originating? a. No, the cock was not born in Thailand b. Yes, the cock was raised in Thailand c. Yes, the eggs were substantially transformed into cocks d. Yes, hatching is part of the birth of the cock
a. No, the cock was not born in Thailand
. Which one of the following Free Trade Agreements is not between the ASEAN and its dialogue partners? a. PJEPA c. AJCEPA b. AANZFTA d. RCEP
a. PJEPA
Which one of the following choices below satisfies the ATIGA ROO of RVC 40, when produced in the Philippines and exported to ASEAN countries? a. Part A from China amounting to $40 and part B from Vietnam costing $20 are assembled into product C with FOB value of $80 b. Raw materials A and B, from Korea and India costing $50 and $60, respectively were processed into a finished goods worth $150 c. Cheeses from New Zealand, worth $120 plus ingredients from Thailand amounting to $30 were converted into processed cheese with FOB value of $180 d. Parts and components from the US amounting to $120 were assembled into a domestic appliance intended to be sold at $170
a. Part A from China amounting to $40 and part B from Vietnam costing $20 are assembled into product C with FOB value of $80
Which one of the following situations will not fall within the purview of flexible clause? a. Petition against increasing importation b. Tariff reform program c. Local producer's petition for reduction of duty rate d. Government agency's tariff program
a. Petition against increasing importation
. Australia slapped a dumping duty on Philippine exports if "Float Glass". Within the allowable period, the Philippine government filed a case at the WTO against Australia alleging that the WTO rule on Anti-Dumping was not correctly enforced. Which of the following actions can the Philippine government undertake pursuant to the WTO's dispute settlement mechanism? a. Request for Mediation b Creation of a Dispute Settlement Body (DSB) c. Creation of a Dispute Settlement Panel (DSP) d. Retaliation against Australian exports
a. Request for Mediation
. GIR 5a provides that cases and containers imported together with the article it normally contained is classified in the heading of that article. Example of this is - a. Saxophone in saxophone case b. Tin Can filled with biscuits c. Gold plated jar filled with assorted candies d. Glass bottle containing perfumes
a. Saxophone in saxophone case
In the HS nomenclature, goods separated by this punctuation mark must be treated as distinct and different from each other. Which among the punctuations below is the being referred to? a. Semicolon c. Colon b. Comma d. Period
a. Semicolon
. Which one of the government agencies below is mandated to conduct investigation on request foe extension of termination of safeguard action? a. Tariff Commission c. Department of Trade and Industry b. Department of Finance d. NEDA
a. Tariff Commission
. The following are the conditions for the rule on accumulation, except for one which is a. The cost of the material is less than 10% of the FOB of the finished good b. The material is imported from a member state c. That material is deemed originating d. Will be used as input to goods eligible to preferential tariff
a. The cost of the material is less than 10% of the FOB of the finished good
16. The product/s described in the alphanumeric subheadings provided in the AHTN only includes the commodities that are of national interest to the Philippines. Therefore, these descriptions are also appearing in the AHTN versions of the other AMS. a. The first statement is correct but the second is incorrect b. The first statement is incorrect but the second is correct c. Both statements are correct d. Both statements are incorrect
a. The first statement is correct but the second is incorrect
. Under the RVC criterion, the value of the packaging and packaging materials shall be taken into account in its origin assessment. Likewise, they are required to meet the CTC requirement of the product specific rule that the originating good had to meet. a. The first statement is correct but the second is incorrect. b. The first statement is incorrect but the second is correct. c. Both statements are correct. d. Both statements are incorrect.
a. The first statement is correct but the second is incorrect.
For the reciprocal tariff treatment to apply, which one of the following conditions is required? a. The product is listed in the sensitive track of the exporting country with rate of duty of 10% or below and in the normal track of the importing country. b. The product is listed in the sensitive track of both the exporting and importing countries. c. The product is listed in the normal track of the exporting country and in the sensitive track of the importing country with rate of duty of 10% or below. d. The product is listed in the normal track of both the exporting and importing countries.
a. The product is listed in the sensitive track of the exporting country with rate of duty of 10% or below and in the normal track of the importing country.
A heading description divided with semicolon means - a. The products described before and after are different and distinct. b. The description on the phrase before the semicolon also applicable to the products described after the semicolon. c. That the heading description will be subdivided. d. That the number of subheadings should equal the group of products separated.
a. The products described before and after are different and distinct.
. In the HS, the punctuation colon appearing at the end of subheading texts means that a. The subheading is further subdivided b. Other subheading are to be provided c. The subheading has no additional subdivision d. There is no further subdivision
a. The subheading is further subdivided
. An ASEAN Member State was granted a waiver from the obligations imposed under the ATIGA with regard to rice and sugar pursuant to the Protocol to Provide Special Consideration to Rice and Sugar. What recourse is available to an ASEAN Member State affected by the waiver? a. To request mediation at the WTO Dispute Settlement Body b. To petition the nullification of the waiver with the ASEAN Directors-General of Customs c. To request bilateral consultations with the ASESAN Members State granted the waiver d. To apply for a similar waiver.
a. To request mediation at the WTO Dispute Settlement Body
. Which one among the following choices are goods that cannot be considered as wholly-obtained under the ATIGA ROO when exported to AFTA participant? a. Used air conditioners for repairs and reconditioning from Malaysia b. Cut orchids from plants grown in Thailand c. Eggs from chickens born and raised in Indonesia d. Industrial waste and scrap from Vietnam for recycling
a. Used air conditioners for repairs and reconditioning from Malaysia
. Under which one of the following instances does the concept of Accumulation Rule of the ATIGA ROO correctly illustrated? a. Viet Nam originating paper rolls exported to the Philippines and used in the manufacture of magazines were considered Philippine originating in the determination of product origin when later exported to Indonesia b. Japan originating arm rests not complying with the ROO CTC criteria were considered originating because its value was not more than 10% of the FOB value of the clerical chairs manufactured in Indonesia for export to the Philippines. All other parts incorporated are ASEAN originating. c. The RVC 40% requirement was complied with by the exported product because the non-ASEAN materials used in its manufacture was minimal in relation to the value of the final product. d. The HS classification of the China originating material had a tariff shift from the finished goods manufactured in Malaysia for export to the Philippines under the applied CTC ROO criterion.
a. Viet Nam originating paper rolls exported to the Philippines and used in the manufacture of magazines were considered Philippine originating in the determination of product origin when later exported to Indonesia
. Cambodia imports cotton fabric classified in 5210.31 from China, cut and sewn into finished men's shirts of 6205.20. If the ROO in the ATIGA is CTH is the shirt originating? a. Yes, since there was a change in tariff heading. b. Yes, there was a change in subheading. c. Yes, there was a change in Chapter. d. Yes, there was a change on both heading and subheading.
a. Yes, since there was a change in tariff heading
. The HS headings are represented by how many digit numbers? a. 2-digits b. 4-digits c. 6-digits d. 8-digits
b. 4-digits
. In accordance with GIR 2a, which one of the following choices best illustrate unfinished product that is classified under the heading of the corresponding finished article? a. Shoes without laces b. Blank key c. Car not incorporating a battery d. Unassembled tea table
b. Blank key
. Which of the following administrative reviews is not a function of the Tariff Commission under RA 8752? a. Conduct a Sunset Review to determine whether the expiry of an anti-dumping duty would likely lead to continuation or recurrence of dumping and injury. b. Conduct a Monitoring Review to determine the progress and specific efforts made to effect a positive adjustment to import competition c. Conduct a Newcomer Review to determine the individual margin of dumping for new exporter in the exporting country in question which have not exported the product during the period of investigation. d. Conduct an Interim Review to determine if there is a need for continuous imposition of dumping duty.
b. Conduct a Monitoring Review to determine the progress and specific efforts made to effect a positive adjustment to import competition
. Which of the following is not among the fundamental principles of the WTO? a. Recognizes free trade agreements b. Encourages quantitative restrictions c. MFN principle d. Any increase in bound tariffs shall be compensated for
b. Encourages quantitative restrictions
. Which of the following choices below is not used as basis for determining an export price? a. Free-On-Board (FOB) price at the point of shipment b. Export price to third country c. Importer's selling price to the first unrelated customers d. Ex-factory price at the point of sale for export
b. Export price to third country
Which of the following choices below is not used as basis for determining an export price? a. Free-On-Board(FOB) price at the point of shipment b. Export price to third country c. Importer's selling price to the first unrelated customers d. Ex-factory price at the point of sale for export
b. Export price to third country
Imported goods in sets for retail sale consisting of different items which by themselves are classifiable under different heading under the AHTN are in all cases, to be classified according to the provision of Rule 3 of the GIRs a. True b. False c. Both "a" and "b" d. On a case to case basis
b. False
Japan originating electric motors (HS 8501.31) were incorporated into ink-jet printers (HS 8443.32) manufactured in Malaysia which were then exported to the Philippines. If all other parts of the printer were Malaysian originating and the agreed ROO for the printers was CTSH, which CO Form among the choices is not applicable under the foregoing situation for the printers to be eligible for tariff concession under the preferred FTA agreement? a. Form E b. Form JP c. Form AK d. Form AJ
b. Form JP
. Which one among the following can initiate a countervailing action? a. Any person whether natural of juridical b. The Secretary of DA or DTI c. The Tariff Commission d. Any government agencies representing a domestic industry.
b. General Agreements on Tariffs and Trade
. In the GIR, the phrase "shall be classified as if they consistent of the material or component which gives them their essential character" is applicable to the following except for one which is a. Mixtures b. Goods composed of different components c. Goods put up in sets d. Unassembled goods
b. Goods composed of different components
"ASEAN Plus Three" (APT) is ASEAN plus the following countries except for one. Which country is not a part of APT? a. China c. Japan b. India d. Korea
b. India
Among the functions of the tariff commission are the following except for one, which is the a. Issuance of advanced tariff classification ruling b. Issuance of advanced ruling on the rules of origin c. Adjudication of antidumping case d. Hearing of petitions regarding reduction of ad valorem duty
b. Issuance of advanced ruling on the rules of origin
. It is the Board of Investment which certifies that participants of the program are entitled to 1% tariff on parts and components for assembly to motor vehicles. a. Natural Gas Vehicle Program c. Public Transportation Program b. Motor Vehicle Development Program d. Electric Vehicle Promotion Program
b. Motor Vehicle Development Program
. Under Article 31 of the ASEAN Charter, the chairmanship of ASEAN is to be determined by this process. a. By majority votes among the leaders of the Member States. b. Rotated annually, based on the alphabetical order of the English names of Member States. c. Through delegation of the current Chairman. d. To be appointed by the ASEAN Secretary-General.
b. Rotated annually, based on the alphabetical order of the English names of Member States.
Under the ATIGA ROO, the following are considered minimal processes which shall not be taken into account in determining whether a good is originating, except for one. Identify which one below is being referred to. a. Ensuring preservation b. Slaughter of animals c. Facilitating shipment d. Packaging goods for sale
b. Slaughter of animals
. Part of the investigation on cases pursuant to trade remedy measures includes the imposition of provisional measures. Which type of these measures does not apply such requirement? a. General Safeguard b. Special Safeguard c. Antidumping d. Subsidy
b. Special Safeguard
. The Philippine instrument of Accession to the HS Convention was signed by the then President Joseph E. Estrada on 23 September 1998 and its ratification was concurred by a. The House of Representatives b. The Senate c. The DFA d. The Tariff Commission
b. The Senate
. Motorcycles 8711.20 originating in Thailand is exported to the Philippines. Non-originating parts used in the assembly these motorcycles are tires (4011.40) from France, engine (8407.32) from Japan and wheels (87.14.90) from Germany. The total value of these parts amounts to 60% of the FOB of the motorcycles, if the ROO in ATIGA is RVC 40 or CC, are the motorcycle originating? a. NO, because one of the parts did not change chapter b. YES, because the required RVC is 40% c. NO, since none of the suppliers of parts are AFTA members d. NO, since the Philippines have no FTAs with any of the parts suppliers.
b. YES, because the required RVC is 40%
An importation from Japan consisted of several pure-bred breeding equestrian horses classified under AHTN 0101.21.00 and covered by PJEPA EO 767 with rate of 0%. Under CMTA Sec. 1611, subject horses have an MFN and ATIGA rates of 3% and 0%, respectively. If these horses have a Japan MFN rate of 1%, deemed wholly-obtained under the governing ROO, and the importation was covered by CO Form JP, what should be the applicable import duty rate? a. 3% MFN rate b. 0% PJEPA rate c. 0% ATIGA rate d. 1% Japan MFN rate
c. 0% ATIGA rate
. Thailand originating batteries under HS 8506.60 and US originating circuit boards under HS 8517.70 were exported to Singapore and were used in the manufacture of mobile phones classified under HS 8517.12 for export to the Philippines. The mobile phones were deemed Singapore originating under the ATIGA ROO using the RVC direct formula where the value of the batteries was treated as Singapore originating. Other than RVC, what ROO rule was utilized? a. de minimis Rule b. CTH Rule c. Accumulation Rule d. CTSH
c. Accumulation Rule
. Under the provision on reciprocal tariff treatment, if the exporter's ST rate of duty is 10% or below and that the product is included in the NT list of the importing party, the applicable rate of duty is the ST rate of the exporting party or the NT rate of the importing country, whichever is higher. However, the applied import duty should not exceed the MFN rate of the importing party. a. Both statements are incorrect b. The first statement is correct, the second is incorrect c. Both statements are correct d. The first state is incorrect, the second is correct
c. Both statements are correct
The AHTN supplementary explanatory notes describe the products provided by concerned ASEAN countries. These notes shall be used as technical reference in determining the classification of said products. a. The first statement is correct but the second is incorrect b. The first statement is incorrect but the second is correct c. Both statements are correct d. Both statements are incorrect
c. Both statements are correct
Poppy seeds, wholly-obtained in Myanmar and classified under AHTN code 1207.91.00 are to be exported to the Philippines. Subject articles are under the ATIGA General Exception list of Myanmar and in the Philippines; these have an ATIGA rate of 0%, MFN rate of 1% and AANZFTA rate of 0%. If said poppy seeds were imported by the Department of Health, what CO Form should the exported in Myanmar apply for in order to avail the tariff preferences here in the Philippines? a. CO Form "D" and avail the 0% ATIGA rate b. Preference rate not applicable since under Myanmar's GEL list, MFN rate is applied c. CO Form "AANZ" and avail the 0% AANZFTA rate d. Importation is prohibited under Sec. 101 of the TCCP
c. CO Form "AANZ" and avail the 0% AANZFTA rate
. Which of the following is defined as domestically-produced substitute products? a. Like product b. Domestic product c. Directly competitive product d. Imported product
c. Directly competitive product
The activities conducted by the Tariff Commission regarding investigation on industry's petition for tariff modification are the following except for one. a. Conducts public hearings b. Undertakes plant inspection c. Does market surveys d. Serves notices to parties of interest
c. Does market surveys
Aimed to achieve major reform in international trading system, this round is the latest trade negotiation of the WTO. a. Tokyo round c. Doha round b. Geneva round d. Marrakesh round
c. Doha round
The ROO on the manufacturer of uncoated steel wire under HS 7217.10 is CTH except 72.13 (wire rod). This product specific rule means that a. The wire rod is an originating good b. It is not possible to produce wire from rod c. Drawing of wire from wire rod is not considered substantial transformation d. Wire is not locally manufactured
c. Drawing of wire from wire rod is not considered substantial transformation
This six ASEAN heads of states established the ASEAN Free Trade Area with the following objectives except for one which is the a. Trade liberalization b. Increase competitive edge as productions base for the world market c. Free flow of services d. Attract foreign investments
c. Free flow of services
. The final act that officially established the WTO resulted from the agreement in the ministerial meeting in 1994. This agreement is known as - a. ASEAN Trade in Goods Agreement c. Marrakesh Agreement b. General Agreement on Tariffs and Trade d. Kyoto Convention
c. Marrakesh Agreement
This is the kind of subsidy wherein the importing country can avail of remedy measure by bringing the matter before the WTO for redress. a. Non-actionable subsidy c. Prohibited subsidy b. Actionable subsidy d. Yellow subsidy
c. Prohibited subsidy
. Marga's Tailoring and Health Spa imported 30 units of plastic tailors dummies from Vietnam. Subject articles were classified under 9616.00.00. Heading 96.16 specifically covers " Tailors dummies and other lay figures" What HS GIR/s was/were applied as basis of the classification? a. Rule 3(a) c. Rule 1 b. Rules 1 and 6 d. Rules 4 and 6
c. Rule 1
Which one among the following acts as the dispute settlement body and trade policy review mechanism concerned with the full range of trade issues within the scope of the WTO? a. Senior Officials Meeting b. WTO Dispute Assessment and Settlement Committee c. The General Council d. The Ministerial Conference
c. The General Council
. In accordance with the CTC rule, the origin if oarts and accessories presented with the goods not be taken into account. Provided, however that they are contained in a separate invoice a. Both statement are correct b. The first statement is incorrect but the second is correct c. The first statement is correct but the second is incorrect d. Both statement are incorrect
c. The first statement is correct but the second is incorrect
A product covered by a CO Form "E", exported to the Philippines was deemed originating by the governing ACFTA ROO and eligible to avail of the Phil. Preferential ACFTA rate of duty, if it complies with which one among the following? a. The product is in the NT list of Indonesia (exporter) and in the ST list of the Philippines b. The product is in the NT list of China (exporter) with NT rate of 3% and in the ST list of the Philippines c. The product is in the NT list of Viet Nam (exporter) and in the EHP list of the Philippines. d. The product is in the NT list of the Philippines with NT rate of 5% (current MFN rate of 7% ad valorem and on the ST list of the China (exporter) with tariff rate of 8%.
c. The product is in the NT list of Viet Nam (exporter) and in the EHP list of the Philippines
An ASEAN Member State was granted a waiver from the obligations imposed under the ATIGA with regard to rice and sugar pursuant to the Protocol to Provide Special Consideration to Rice and Sugar. What recourse is available to an ASEAN Member State affected by the waiver? a. To request mediation at the WTO Dispute Settlement Body b. To petition the nullification of the waiver with the ASEAN Directors-General of Customs. c. To request bilateral consultations with the ASEAN Member State granted the waiver d. To apply for a similar waiver
c. To request bilateral consultations with the ASEAN Member State granted the waiver
To sustain the growth and development of a particular region, country participants can enter into a trading arrangement. Examples of such arrangements are as follow except which one? a. APEC c. WTO b. NAFTA d. AFTA
c. WTO
It is defined as derogation from GATT/WTO obligations whereby a member state may impose restrictions or suspend tariff concessions on products imported in increase quantities causing injury to domestic industry. a. Quantitative restriction b. Trade without discrimination c. Waiver d. Balance of payment measure
c. Waiver
. Under the WTO, it is defined as a tariff rate charged as percentage of the price. a. Revenue tariff b. Percentage equivalent tariff c. ad valorem tariff d. MFN tariff
c. ad valorem tariff
The legal texts of the HS adopted by the ASEAN Harmonized Tariff Nomenclature (AHTN) are the following, except one a. GIRs b. Section, Chapter and Subheading notes c. 4-digit heading and 6-digit subheadings d. 8-digit subheadings
d. 8-digit subheadings
Which of the following statements is erroneous in relation to FTA agreements? a. A product imported into the Philippines from Indonesia and covered with a CO Form "E" b. A product of China with ST rate of 10% can avail of tariff preference by virtue of the tariff reciprocity principle under ACFTA when it is imported into the Philippines where the product is classified under its NT list. c. One of the requirements for an imported product to avail of tariff preference under the AJCEP is for it to be accompanied with CO Form AJ issued by the competent government authority of the exporting participant. d. A product of China with ST rate of 6% exported to the Philippines where the product is also classified under its ST list with rate of 10%, can still avail of the tariff preference granted under the Reciprocity Rule of the ACFTA Agreement.
d. A product of China with ST rate of 6% exported to the Philippines where the product is also classified under its ST list with rate of 10%, can still avail of the tariff preference granted under the Reciprocity Rule of the ACFTA Agreement.
. Under which one of the following circumstances may an imported article be classified under two AHTN headings? a. Set consisting of two destine articles put up for retail sale b. An importation comprising of 1000 pieces of 6-shot revolvers each with its leather holster c. An imported multi-function copying machine capable of the following functions: copier, facsimile, scanner, and network printer. d. Butane gas imported in a reusable 500 -liter capacity steel tank
d. Butane gas imported in a reusable 500 -liter capacity steel tank
Country A produces leather shoes (64.03) from her own leather. Other countries manufacture the same kind of shoes from imported leather or assembling of parts. Leather is classified in Chapter 41, while leather sole and upper fall in 64.06. If country A wants to obtain the originating status for the shoes to the other, which of the following ROO would be applicable? a. CC b. CTH except 64.06 c. CTH d. CC except Chapter 41
d. CC except Chapter 41
. Non-originating galvanized steel sheets (HB 7210.49) were imported by Indonesia where they are converted into pre-painted roofing materials (HS 7210.70) which were exported to the Philippines. Which one of the following rules will apply for these painted sheets to be considered originating? a. Change in Chapter c. Change in Section b. Change in Tariff Heading d. Change in Tariff Subheading
d. Change in Tariff Subheading
In order for an originating China product to be eligible under the Tariff Reciprocity Rule of ACFTA, what should be the product's tariff rate? a. The product should have an ST rate of 10% or below at the importing party b. China NT rate of 10% or below c. The importer must have the product under its ST list d. China ST rate of 10%
d. China ST rate of 10%
. The reduced tariff of 1% for imported ethyl alcohol which will be used for fuel ethanol is subject to certification issued by which of the following government agency? a. Bureau of Customs b. Department of Finance c. Board of Investment d. Department of Energy
d. Department of Energy
. A local businessman wishes to import adult toys and three possible sources for said merchandise are available to him - China, Korea and Myanmar. Said toys are originating per ROO on all sources and have the following tariff schedules: China - 10% ST, Korea - 7% ST, Myanmar - 25% ATIGA, Philippines - 7% MFN, 0% ATIGA, 0% NT ACFTA and 0% NT AKFTA. The importer wants to avail the tariff preference for this importation under which FTA should the importer file his transaction? a. ACFTA c. AKFTA b. ATIGA d. Does not matter
d. Does not matter
. Which one among the following is not considered as neutral elements under the ATIGA ROO? a. Preformed moulds used to shape glass bottles for export b. Spare rollers as replacements parts of conveyor belts used in the production of beverages for export c. Ultrasonic liquid level sensor used for the non-invasive measurement of liquid levels of sealed chemical containers for export d. Fuel injected in the tanks of vehicles to be exported
d. Fuel injected in the tanks of vehicles to be exported
When a good was classified according to the terms of the heading and relative Section or Chapter notes, what particular GIR was applied? a. GIR 6 c. GIR 3a b. GIR 2a d. GIR 1
d. GIR 1
Some of the government-initiated tariff modifications on imported goods are the following except those under the a. Jewelry Act b. Automotive export program c. Motor vehicle development program d. Information technology agreement
d. Information technology agreement
. Which one among the following choices is the best definition for "Free Trade Area"? a. It is exclusively a tariff-cutting agreement among contracting parties aiming to liberalize tariffs on all goods traded between them. b. It is a regional area established by contracting parties wherein there is a free flow of trade resulting from the liberalization of import tariffs. c. It is an area established through multilateral negotiations between countries with the objective of liberalizing tariffs and eliminating all trade barriers to promote free flow of trade between them. d. It is a type of trade bloc comprising of countries that have agreed to eliminate tariffs, quotas and other barriers to trade and to increase trade of goods and services with each other.
d. It is a type of trade bloc comprising of countries that have agreed to eliminate tariffs, quotas and other barriers to trade and to increase trade of goods and services with each other.
. Which one among the following statements is applicable under the AISP Scheme of ASEAN? a. Thailand requested Viet Nam to reduce its tariffs on frozen fish to zero b. Cambodia requested Viet Nam to reduce its tariff on meat products to zero c. Philippines requested Thailand to reduce its tariffs on sheath contraceptives to zero d. Lao PDR requested Indonesia to reduce its tariffs on parts of electronic fans to zero.
d. Lao PDR requested Indonesia to reduce its tariffs on parts of electronic fans to zero.
Which one among the following is the correct definition of "Tariffication"? a. A process of converting imports tariffs of WTO members into quantitative restriction type of tariff, i.e. In-Quota and Out-Quota tariffs. b. The systematic and gradual elimination/reduction of high tariffs on agricultural products c. The removal of non-tariff barriers on all industrial commodities and converting them into equivalent tariff values d. Procedures relating to the agricultural market-access provision in which all non-tariff measures are converted into tariffs.
d. Procedures relating to the agricultural market-access provision in which all non-tariff measures are converted into tariffs.
. Under which one of the following rules can an assembly of unassembled parts to finished electric fan can possibly considered originating if its classification is in accordance with GIR 2a? a. CC c. CTSH b. CTH d. RVC 40
d. RVC 40
. Which one among the following Philippine products is considered wholly obtained under the ATIGA ROO? a. Wooden furniture made from logs imported from Indonesia b. Galvanized steel sheets made from imported steel waste and scrap collected in Malaysia c. Nata de coco manufactured from coconuts 90% of which is locally sourced d. Recyclable used plastic bottles gathered from various parts of the country
d. Recyclable used plastic bottles gathered from various parts of the country
Which one among the following Philippine products is considered wholly obtained under the ATIGA ROO? a. Wooden furniture made from logs imported from Indonesia b. Galvanized steel sheets made from imported steel waste and scrap collected in Malaysia c. Nata de coco manufactured from coconuts 90% of which is locally sourced d. Recyclable used plastic bottles gathered from various parts of the country
d. Recyclable used plastic bottles gathered from various parts of the country
Which one is not a factor considered in determining the existence of threat of serious injury under the general safeguard measure? a. Decline in sales and market share c. Increased production in the exporting country b. Significant increase in importation d. Reduction on the rate of duty
d. Reduction on the rate of duty
. What kind of trade remedy measure can an offender party opt to avail of against increasing importation if he is involved in poultry raising industry? a. General safeguard b. Antidumping c. Subsidy d. Special safeguard
d. Special safeguard
Under the Reciprocity Rule of the ACFTA Agreement, which one among the following conditions is invalid under the Rule? a. The product to be imported is in the NT list of the Philippines and in the ST list of the exporting FTA partner. b. That the product's ST rate in the exporting FTA partner should be 10% or below c. The applied rate is the rate that is higher between the exporting FTA partner's ST rate and the Philippines NT rate. d. That the applied rate under the Reciprocity Rule should not be lower that the importing FTA partner's MFN rate
d. That the applied rate under the Reciprocity Rule should not be lower that the importing FTA partner's MFN rate.
Thailand manufactured barber's chairs classified under AHTN Code 9402.10.30 and having an FOB value of $100 were to be exported to the Philippines under the ATIGA. The non-originating base and frame of the chairs classified under AHTN Code 9402.10.30 were sourced from Hong Kong and have a CIF value of $70. If the product specific rule assigned was RVC 40 or CTSH and a de minimis provision of 10% of the final product's FOB was granted, under what ROO criteria did the product attain originating status? a. RVC 40 b. CTSH c. de minimis d. The product did not attain originating status
d. The product did not attain originating status
Which of the following refers to a determination that shall be base on facts and not merely on allegation, conjecture or remote possibility, in which the dumping will cause injury that is clearly foreseen and imminent? a. Material Injury b. Serious Injury c. Threat of Serious Injury d. Threat of Material Injury
d. Threat of Material Injury
