Practical tasks on International Trade

A Ukrainian company purchased goods in Canada – medical equipment. The invoice value of the goods is 1 million UAH. The costs associated with loading and transportation in the city of shipment of the equipment are 455 USD. The costs associated with unloading the goods in the city of destination are 155 USD. The exchange rate is 1 USD = 28.5 UAH. Determine the customs value.

• 1008550

• 1208410

• 1012967,5

• 1057426

Excisable goods in the amount of 3.5 tons are imported into the customs territory of Ukraine. The customs value of which is 135,000 UAH. The rate of duty paid upon import of goods is 15%. The amount of customs clearance fee is 0.02 USD per 1 kg. The excise duty rate is 0.05% of the cost of 1 ton, VAT is 20%. The NBU exchange rate is 28.0 UAH/USD.

Calculate the duty.

• 15820

• 20250

• 20544

• 18250

Excisable goods in the amount of 3.5 tons are imported into the customs territory of Ukraine. The customs value of which is 135,000 UAH. The rate of duty paid upon import of goods is 15%. The amount of customs clearance fee is 0.02 USD per 1 kg. The excise duty rate is 0.05% of the cost of 1 ton, VAT is 20%. The NBU exchange rate is 28.0 UAH/USD.

Calculate the excise duty.

• 282,18

• 271,68

• 236,25

• 190,57

Excisable goods in the amount of 3.5 tons are imported into the customs territory of Ukraine. The customs value of which is 135,000 UAH. The rate of duty paid upon import of goods is 15%. The amount of customs clearance fee is 0.02 USD per 1 kg. The excise duty rate is 0.05% of the cost of 1 ton, VAT is 20%. The NBU exchange rate is 28.0 UAH/USD.

Calculate VAT.

• 31104,34

• 31435,71

• 30185,7

• 29875,5

A Ukrainian company purchased roofing felt in Canada. Under the purchase and sale contract, the delivery will be made on EXW Halifax terms. The cost of 1 sq.m. of roofing felt is 6.5 USD. The delivery volume under the contract is 20 thousand sq.m. The cost of loading onto a vessel in Halifax is 550 USD., the cost of transportation by ship to Mykolaiv is 4000 USD. The cost of transporting the goods to Kyiv by road is 2000 USD. Calculate the customs value of the goods under these delivery terms.

• 134550

• 130897

• 130550

• 134900

Calculate the size of the effect and efficiency of the concluded contract.

Price per unit of product 15.5 E.

Production cost per unit of product 75 UAH.

Exchange rate 26.5 UAH/E.

Sales volume 20000

Transportation costs 62500 UAH

Import duty rate 18%.

• Effect 5137800 UAH

  Efficiency 1.7

• Effect 3851700 UAH

  Efficiency 2.3

• Effect 5173800 UAH

  Efficiency 2.7

• Effect 1578300 UAH

  Efficiency 2.7

Determine which of the contracts is more profitable for the company if we export soybean seeds to Poland. The production cost is 925 UAH/t. The size of the delivery lot is 100t. The cost of transporting 1 t to the railway stop is 300 UAH. The cost of loading 1 t is 235 UAH. Customs formalities are 1316 UAH. The cost of certification is 575 UAH. The railway tariff is 30,000 UAH.

1 contract is concluded on FOB terms.

2 contract is concluded on CIP terms.

The market price is 2375 UAH/t.

• 1 contract.

  Profit is 59,609 UAH.

• 1 contract.

  Profit is 89,609 UAH.

• 2 contract.

  Profit is 59,609 UAH.

• 2 contract.

  Profit is 89,609 UAH.