TL DAY 1

TL DAY 1

4th Grade

37 Qs

quiz-placeholder

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TL DAY 1

TL DAY 1

Assessment

Quiz

Others

4th Grade

Easy

Created by

Patreng _Dela Luna

Used 2+ times

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37 questions

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1.

MULTIPLE CHOICE QUESTION

1 min • 1 pt

Which one of the following choices fall within the purview of Section 1608 tariff modification?

A domestic industry filed complaint against surge in importation of a product of foreign counterpart

The Philippines considers importation of medicines at preferential tariff

 A producer wants to secure tariff protection for its product

         A trader wishes to knows the correct duty applicable to a product intended for importation

2.

MULTIPLE CHOICE QUESTION

45 sec • 1 pt

To avail of the reduced tariffs on parts and components under the MVDP, the car manufacturer must be registered with what government agency?

Department of Transportation

Board of Investments

National Economic and Development Authority

Tariff Commission

3.

MULTIPLE CHOICE QUESTION

45 sec • 1 pt

To which of the following government offices is the Tariff Commission an attached agency?

National Economic and Development Authority

The Board of Investment

Department of Trade and Industry

Department of Finance

4.

MULTIPLE CHOICE QUESTION

45 sec • 1 pt

The activities conducted by the Tariff Commission regarding investigation on industrys’ petition for tariff modification are the following except for one.

Undertakes plant inspection

Serves notices to parties of interest

Does tax auditing on petitioner

Conducts public hearings

5.

MULTIPLE CHOICE QUESTION

45 sec • 1 pt

In order for an importer to be sure on the proper classification of a commodity 3 months prior to his intended importation, what particular mandate of the Tariff Commission can he avail of?

Promotion of foreign trade

Advance ruling

Safeguard

Flexible Clause

6.

MULTIPLE CHOICE QUESTION

1 min • 1 pt

When a bounty is given by a foreign country to its exporter, an affected domestic producer can avail of the provisions of which one of the following trade remedy measures?

Countervailing and subsidy

Special safeguard

General Safeguard

Antidumping

7.

MULTIPLE CHOICE QUESTION

1 min • 1 pt

Under Section 1100, the tariff classification ruling issued by the Tariff Commission is binding with which one of the following government agencies?

Department of Trade and Industry

Department of Finance

Bureau of Import Services

Bureau of Customs

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