FTA TRAINING

1. Universal way to identify a product

• EXPORT CODE

• IMPORT CODE

• TARIFF CLASSIFICATION

• NUMERIC CLASSIFICATION

2. The first 4 digits of a tariff classification are known as:

• CHAPTER

• HEADING

• SUB-HEADING

• SUB-CHAPTER

3. What is the renegotiation of NAFTA called?

• USMCA

• CPTPP

• ECA 55

• Pacific Alliance

4. When did USMCA enter into force?

• January 1st 2020

• January 1st 2021

• July 1st 2020

• July 1st 2021

5. Which countries take part in USMCA?

• Mexico, USA, Canada

• Mexico, Japan, Canada

• Mexico, USA, Japan

• Mexico, USA, UK

6. Percentage that indicates the extent to which a product was manufactured in the producer's local region

• Production Value

• Regional Value Content

• Local Manufacture Value

• Production Index

7. This is NOT a Rule of Origin for a Change in Tariff Classification

• Change of Chapter

• Change of Sub-Chapter

• Change of Heading

• Change of Sub-Heading

8. This is NOT a Rule of Origin for Regional Value Content

• Build-down Method

• Build-up Method

• Net Cost Method

• Factory Value Method

9. Tolerance rule for non-originating materials that do not meet the tariff shift requirement.

• De Minimis

• CTH

• RVC

• CTSH

10. 10. Regional Value Content = ((VOM / TV) *100)

• Build-down Method

• Build-up Method

• Net Cost Method

• Focalized Value Method