TM212C Midterm Exam Monday Schedule

TM212C Midterm Exam Monday Schedule

University

60 Qs

quiz-placeholder

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TM212C Midterm Exam Monday Schedule

TM212C Midterm Exam Monday Schedule

Assessment

Quiz

Other

University

Medium

Created by

Tariff Staff

Used 1+ times

FREE Resource

60 questions

Show all answers

1.

MULTIPLE CHOICE QUESTION

45 sec • 1 pt

Under Section 1609 of the CMTA, who shall promulgate such reasonable procedures, rules and regulations as they may deem necessary to execute their respective functions?

NEDA

Commission

NEDA and Commission

Tariff Commission upon the recommendation of the NEDA

2.

MULTIPLE CHOICE QUESTION

45 sec • 1 pt

What phrase appears at the top of the Official Seal of the Tariff Commission?

Progress Through Trade

Wheel of Prosperity

Wheel of Progress

Tariff and Customs Unity

3.

MULTIPLE CHOICE QUESTION

45 sec • 1 pt

The Council, which meets annually, is the WCO’s highest decision-making body. It is composed of Directors-General of Customs from all member states and is assisted by subsidiary bodies. Which of the following is NOT one of the Council’s assisting bodies?

Finance Committee

Policy Commission

Harmonized System Sub-working Party

Secretariat

4.

MULTIPLE CHOICE QUESTION

45 sec • 1 pt

Which function is NOT listed in Section 1603?

Adjudicating cases on trade remedies

Issuing advance rulings on tariff classification

Conducting financial audits of private enterprises

Providing independent analysis to the President and Congress

5.

MULTIPLE CHOICE QUESTION

45 sec • 1 pt

Which agency is NOT mentioned as a recipient of information from the Commission?

Department of Agriculture

Department of Tourism

Department of Trade and Industry

Bangko Sentral ng Pilipinas

6.

MULTIPLE CHOICE QUESTION

45 sec • 1 pt

The ASEAN Flag is rich with symbolism. The stalks of rice in the center represent the dream of ASEAN’s founding fathers for regional unity, while the circle symbolizes ASEAN’s oneness. What does the color red on the flag signify?

Prosperity

Courage and dynamism

Peace and stability

Purity

7.

MULTIPLE CHOICE QUESTION

45 sec • 1 pt

What type of agreements does the Commission review according to Section 1603(g)?

Labor agreements

Trade agreements

Environmental agreements

Customs treaties and agreements

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