2025 Tariff Law MBE Part I

Among the following trade negotiation Rounds of the WTO, which is referred to as a "Development Round" as it was envisioned to address issues of special interest to developing and least developed countries?

• Tokyo Round

• Doha Round

• Kennedy Round

• Uruguay Round

Which among the following is an example of an application of compound tariffs for imported goods?

• Indonesia: beet sugar under HS code 1701.12 levied with Rp 790/kg

• India: husked (brown) rice under HS code 1006.20 levied with 80% MFN

• Philippines: hand saws under HS code 8202.10 levied with 10% MFN

• Thailand: safety pins under HS code 7319.20 levied with 20% MFN and 2.7 Baht/kg

Which is the applicable import duty rate for: PRODUCT: Grenades, originating w/ CO Form D EXP (Thailand) 0 ATIGA Rate, 30% MFN Rate IMP (Philippines) ATIGA GEL, 15% MFN Rate

• 15% MFN Rate of Duty

• 30% MFN rate of duty

• 0 ATIGA Rate of Duty

• None of the choices

Which among the following imported goods are not covered by the tariff incentives of the Philippine Jewelry Act of 1998?

• Raw materials

• Capital equipment

• Finished jewelries

• Spare parts of equipment

Which is the applicable import duty rate for: PRODUCT: 2021 yr model Honda CRVs, originating (RVC40%) w/ CO Form D EXP (Vietnam) 0 ATIGA rate IMP (Philippines) 0 ATIGA rate, 30% MFN Rate

• 0 ATIGA Rate of Duty

• 30% MFN Rate of Duty

• 55% Rate of Duty

• None of the choices

Which one among the following institutions acts as an international court in which governments can resolve disputes with other Members on trade remedy cases such as anti-dumping?

• HS Committee

• APEC

• WCO

• WTO

APEC’s Three Pillars do not include:

• Trade and Investment Liberalization

• Business Facilitation

• Agricultural Subsidy Reform

• Economic and Technical Cooperation

Which of the following international agreements on social and environmental concerns is focused on the control of transboundary movements of hazardous wastes and their disposal?

• CITES

• Rotterdam Convention

• Stockholm Convention

• Basel Convention

Which of the following is a non-actionable “green” subsidy?

• Direct subsidies based on export performance

• Export credits at rates below the government’s and borrowings

• A subsidy that is limited to a designated geographic region within the jurisdiction of the granting authority.

• Research and development assistance

Which is the applicable import duty rate for: PRODUCT: Retreaded Car Tires, originating (RVC 40%) w/ CO Form AK EXP (KOREA) 5% ST Rate, 30% MFN Rate, 0 ATIGA rate IMP (PHILIPPINES) 0 AKFTA NT rate, 10% MFN Rate, 0 ATIGA rate

• 30% MFN Rate of Duty

• 5% Reciprocal Tariff Rate

• 0 ACFTA rate of duty

• 10% MFN Rate of Duty