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BOARD PRACTICE > TARIFF LAWS > Flashcards

TARIFF LAWS Flashcards

1
Q

When the Change in Chapter rule for a specific product was agreed upon in accordance with the ROO, it indicates that

A

The finished good and all non-originating material inputs should be classified under distinct HS chapters.

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2
Q

According to RA 8752, which of the following administrative reviews is not a Tariff Commission’s duty?

A

To ascertain the advancement and particular efforts made to effect a beneficial adjustment to import competition, conduct a monitoring review.

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3
Q

It refers to the valuation method where the dutiable value is computed based on manufacturing cost of imported goods with transportation and related expenses to bring the goods from country of origin to a port of entry in the Philippines.

A

METHOD FIVE

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4
Q

In Fall-back method, which of the following is acceptable as a basis of dutiable value?

A

The price of the goods in the domestic market in the Philippines

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5
Q

In accordance with the concept of the government’s right of compulsory acquisition, it refers to a test value that could be applied to ascertain whether an importation is grossly undervalued.

A

The transaction value in sales to unrelated buyers of identical or similar goods for export to the Philippines

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6
Q

Choose the one that doesn’t require a specific requirement in order for an ASEAN product to qualify for tariff preference under the ATIGA.

A

Included in the sensitive list

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7
Q

With this type of subsidy, the country that imports the goods can take the benefit of redress which is a trade remedy measure by bringing the dispute to the WTO.

A

Prohibited subsidy

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8
Q

Which of the following is the latest member of ASEAN?

A

CAMBODIA

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9
Q

Trade remedy measures provide assistance to domestic industries that are affected. Which of the following actions will allay the concerns of individuals who are only involved with manufacturing agricultural products that were previously protected by QRs?

A

SPECIAL SAFEGUARD

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10
Q

How many days will a cash bond, deemed to be adequate to limit injury to the domestic industry, will be levied for the duration of the provisional measure against import surges?

A

200 DAYS

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11
Q

In order to protect the local industry from being adversely affected by the increased importation of directly competitive and like products, RA 8800 provides safeguard measures. With one exception, the definitive safeguard measure may be implemented as follows:

A. Increase in duty
B. Tariff rate quota
C. Import ban
D. Quantitative restriction

A

Import ban

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12
Q

WTO is a member driven organization, which means:

A

Rules are agreements resulting from negotiations among member governments.

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13
Q

The expression “at or about the same time when applied to the deductive method means

A

A period extending to 45 days prior to and 45 days following the importation of the goods being valued

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14
Q

This AHTN provision, as amended by the CMTA, RA 10863, is exercised in accordance with the GIRs’ tenets.

A

Classification Ruling (Sec. 1100)

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15
Q

Which of the following does not belong to the group when it comes to identical goods?

A. Physical characteristics
B. Reputation
C. Quality
D. None of the above

A

None of the above

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16
Q

With one exception, the following are the actions carried out by the Tariff Commission in relation to its investigation of the industry’s request for a tariff modification.

A

Conducts market surveys

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17
Q

Eggs are imported from Germany by Singapore, where they are hatched and raised as fighting cocks, and then brought to Thailand. In order to qualify as originating under the ATIGA, the rule for cocks is Wholly Obtained (WO) which are born and nurtured in the country. Is the cock considered as originating?

A

No, the cock was not born in Singapore

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18
Q

What is the second bilateral agreement that the Philippines has signed?

A

PH-EFTA

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19
Q

Which of the following officials evaluates whether there is a prima facie case against the increasing importation of industrial goods?

A

DTI secretary

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20
Q

In cases when the dumping would result in injury that is obviously anticipated and imminent, which of the following describes a decision that must be determined by facts rather than just a claim, idea, or remote possibility?

A

Threat of Material Injury

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21
Q

These are measures other than tariffs which effectively prohibit or restrict import or export of products within member states?

A

Non-tariff barriers

22
Q

One of the bodies that comprises ASEAN Summit which implements the agreements and decisions of the ASEAN Summit under their respective purview; strengthen cooperation in their respective fields in support of ASEAN integration and community building.

A

ASEAN Sectoral Ministerial Bodies

23
Q

In the event that the importation of such goods increases, what kind of trade remedy measures under the CMTA may a local manufacturer of frozen chicken choice cuts that has suffered injury opt to use?

A

Special safeguard

24
Q

Which of the following elements is not among those necessary in cases of special safeguards?

A. Causality
B. Like product
C. Imports exceed trigger volume
D. Price falls below the trigger price

A

Causality

25
Q

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

GR 1

26
Q

The fallback value is known as _______.

A

METHOD SIX

27
Q

What is the main objective of the World Trade Organization’s Non-Agricultural Market Access (NAMA) negotiations?

A

Reduction of tariffs on non-agricultural products

28
Q

In the concept of similar goods, which of the following is not an element?

A. Have like characteristics and like component materials
B. Are commercially interchangeable with the goods being valued
C. Are produced in the same country of the goods being valued
D. Same brand name of the goods being valued

A

Same brand name of the goods being valued

29
Q

Which of the following government agencies evaluates trade remedy cases brought against the importation of goods subject to tariffs?

A

DA

30
Q

This comprises the ASEAN Foreign Ministers and meets at least twice a year, it is supported by the relevant senior officials.

A

ASEAN Coordinating Council

31
Q

Which trade remedy option can be used by the affected industry if there is an increased importation of a fairly traded industrial product closely resembles products produced domestically and it adversely affects the local market?

A

GENERAL SAFEGUARD

32
Q

Which of the following fees or charges, even if they are excluded from the price actually paid or payable is still included in the dutiable value?

A

OCEAN FREIGHT

33
Q

Once the imported tariffied product hits its established benchmark, the Secretary of Agriculture may promptly order the implementation of a definitive special safeguard duty in the event of a special safeguard measure. Which of the following terms describes the price benchmark?

A

TRIGGER PRICE

34
Q

Which of the following does not belong to the group when it comes to identical goods?

A. Produced in the same country as the goods being valued
B. Produced by the manufacturer of the goods being valued
C. The same person should never have imported the goods
D. Goods with different color but the same in all respect

A

The same person should never have imported the goods

35
Q

Which of the following is not considered as relationship in Philippine Customs Valuation System?

A

Importer is the exclusive distributor in the country of importation of the supplier

36
Q

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 Singapore (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 Thailand (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%.

A

The product is in the NT list of Thailand (exporter) and in the EHP list of the Philippines.

37
Q

Choose the option below that best describes as domestically produced substitute product, as defined by Section 712 of the CMTA and RA 8800, also known as the Safeguard Measures Act.

A

Directly competitive product

38
Q

Under the valuation method, Method Two is also known as ________.

A

Transaction Value of Identical Goods

39
Q

The ROO on the manufacturer of steel coils under HS 7208.39 is CTH except 72.17 (coil wire). This product specific rule means that

A

Drawing of wire from coil is not considered substantial transformation

40
Q

Which of the trade remedy measures below does not require posting of bond as provisional measure?

A

Special safeguard

41
Q

Which is NOT considered as a mandatory addition to the price actually paid or payable for purposes of computing dutiable value?

A. Inland costs incurred at country of origin
B. Loading charges at the port of loading
C.Trucking cost from MICP to Mandaluyong
D. Amount sent to the foreign supplier in accordance with the agreement, equal to 3% of the imported goods’ selling price

A

Trucking cost from MICP to Mandaluyong

42
Q

Which of the following does not belong to the group when it comes to similar goods?

A. Goods which are locally produced
B. Goods which have like characteristics and like component materials
C. Goods which are capable of performing the same function as the goods being valued
D. Goods which are produced by the supplier of the goods being valued

A

Goods which are locally produced

43
Q

Refers to the country of export or origin where the government has a monopoly or substantial monopoly of trade, and determines or substantially influences the domestic prices of the products in that country.

A

Non-Market Economy

44
Q

Which of the following additions to the price actually paid or payable is incorrect?

A. Cost of plastic packaging supplied by Rezza Trading which was sent to its Canadian Supplier
B. Packing cost charged by Implex, OPC. USA
C. Customs broker’s fee paid to Ericka Valencia, a Licensed Customs Broker by Southbound Inc. located in the Philippines
D. Amount paid by the supplier to AG7 Consumer Goods Trading located in the Philippines for services rendered in looking for buyer of the products

A

Customs broker’s fee paid to Ericka Valencia, a Licensed Customs Broker by Southbound Inc. located in the Philippines

45
Q

Normal WTO regulations prohibit nations from favoring one trading partner over another. If you do a particular favor for a country, you must reciprocate favors with every other WTO participant. The principle is referred to as:

A

MFN Treatment

46
Q

An importation of oxen classified under AHTN 0102.29.11 from Japan and covered by PJEPA EO 767 with rate of 0%. Under CMTA Sec. 1611, subject cattle have an MFN and ATIGA rates of 3% and 0%, respectively. If these oxen 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

0% ATIGA rate

47
Q

An association established by five members with the goals of fostering regional peace and stability as well as accelerating social, cultural, and economic advancement in the region.

A

Association of Southeast Asian Nations

48
Q

What qualifies as a valuation exemption to the sequential rule that can be obtained at the importer’s request?

A

Skip from Method Three to Method Five

49
Q

Malaysia originating batteries under HS 8506.60 and China originating circuit boards under HS 8517.70 were exported to Brunei and were used in the manufacture of mobile phones classified under HS 8517.12 for export to the Philippines. The mobile phones were deemed Brunei originating under the ATIGA ROO using the RVC direct formula where the value of the batteries was treated as Brunei originating. Other than RVC, what ROO rule was utilized?

A

Accumulation Rule

50
Q

Sugar beet seeds, wholly-obtained in Cambodia and classified under AHTN code 1209.10.00 are to be exported to the Philippines. Subject articles are under the ATIGA General Exception list of Cambodia and in the Philippines; these have an ATIGA rate of 0%, MFN rate of 1% and ACFTA rate of 0%. If said sugar beet seeds were imported by the Department of Health, what CO Form should the exported sugar beet seeds in Cambodia apply for in order to avail the tariff preferences here in the Philippines?

A

CO Form “E” and avail the 0% ACFTA rate

BOARD PRACTICE (5 decks)

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