WorksheetsQUIZ
Total questions: 73
Worksheet time: 1hrs 13mins
Which one among the following choices is the best definition for “Free Trade Area”?
a. It is exclusively a tariff-cutting agreement among contracting parties aiming to liberalize tariffs on all goods traded between them.
b. It is a regional area established by contracting parties wherein there is a free flow trade resulting from the liberalization of import tariffs.
c. It is an area established through multilateral negotiations between countries with the objective of liberalizing tariffs and eliminating all trade barriers to promote freer flow of trade between them
d. It is a type of trade bloc comprising of countries that have agreed to eliminate tariffs, quotas and other barriers to trade and to increase trade of goods and services with each other.
Which one among the following choices is not a requirement to be satisfied in order to be eligible for the preferential tariff under the ACFTA?
a. the product should be classified in the NT list both participating countries
b. The product should be originating under ROO requirements of the ACFTA
c. The shipment should have a duty issued CO Form “E”
d. As per the ACFTA’s Reciprocity Rule, the product should be classified under the ST list of the exporting participant with a tariff rate above 10% and classified under the NT list of the importing participant
Which one among the following statements is erroneous in relation to ASEAN FTAs with dialogue partners?
a. A product imported into the Philippines from Indonesia and covered with a CO Form “E”
b. A product of China with ST rate of 10% can avail of tariff preference by virtue of the tariff reciprocity principle under ACFTA when it is imported into the Philippines where the product is classified under its NT list.
c. One of the requirements for an imported product to avail of tariff preference under the AJCEP is for it to be accompanied with CO Form AJ issued by the competent government authority of the exporting participant.
d. A product of China with ST rate of 8% exported to the Philippines where the product is also classified under its ST list with rate of 10%, can still avail of the tariff preference granted under the Reciprocity Rule of the ACFTA Agreement.
Under the Reciprocity Rule of the ACFTA Agreement, which one among the following conditions is invalid under the Rule?
a. The product to be imported is in the NT list if the Philippines and in the ST list of the exporting FTA partner
b. That the product’s ST rate in the exporting FTA partner should be 10% or below
c. The applied rate is the rate that is higher between the exporting FTA partner’s ST rate and the Philippines NT rate
d. That the applied rate under the Reciprocity Rule should not be lower than the importing FTA partner’s MFN rate.
Under which one of the following conditions can the Reciprocity Rule be applied under the ACFTA Agreement?
a. The product is in the NT list of the exporter and in the ST list of the importer with ST rate of 10%
b. The product is in the NT list of both trading partners at NT rate of 10% or below
c. The product is in the ST list of both the exporter and importer with ST rate of 10% or below
d. The product is in the ST list of the exporter at 7% ST rate and in the NT list of the importer at 5% NT rate and 10% MFN rate.
Aside from China in which dialog partners below is the FTA includes the tariff reciprocity rule
a. Korea
b. India
c. Japan
d. Hongkong
In order for an originating China product to be eligible under the Tariff Reciprocity Rule of the ACFTA, what should be the product’s tariff rate?
a. The product should have an ST rate of 10% or below at the importing party
b. China NT rate of 10% or below
c. The importer must have the product under its ST list
d. China ST rate of 10% or below
Philippine participation in all Free Trade Agreements is in pursuance of which one of the CMTA provisions below?
a. Flexible Clause (Sec. 1608)
b. Classification Ruling (Sec. 1100)
c. General Rules for Interpretation (Sec. 1610)
d. Promotion of Foreign Trade (Sec. 1609)
Which one of the following choices is the latest concluded ASEAN FTA with dialog partner?
a. PH-EFTA FTA
b. AHKFTA
c. ATIGA
d. PJEPA
A product from China with ST and MFN rate of 7% was exported to the Philippines which categorized the product under the NT list, and tariffs are ACFTA 3% and MFN 10%. What will be the tariff rate applicable?
a. China ST rate of 7%
b. China MFN 7%
c. Philippine NT 3%
d. Philippine MFN 10%
Which ASEAN country below is not included in the schedule of tariff reduction under AHKFTA?
a. Brunei
b. Malaysia
c. Singapore
d. Thailand
The Philippines imported a product listed in its ST list with ST and MFN rates of 5%. From Korea with NT rate of 3% and MFN rate of 7%. Which one of the choices below is the applicable tariff?
a. Philippine MFN rate
b. Philippine ST rate
c. Korean MFN rate
d. Korean ST rate
This is the product category that is included in ACFTA but not in AKFTA in consideration of the tariff reciprocity rule?
a. ST 10% and below
b. NT
c. EHP
d. MFN
Particularly mentioned among the product excepted in AJFTA are motor vehicles. Identify in which tariff headings below are these vehicles classified?
a. 87.01
b. 87.02
c. 87.03
d. 87.04
Which specific kind of fish below is among the products excepted from the PH-EFTA FTA?
a. Bangus
b. Tilapia
c. Salmon
d. Lapu-lapu
For the reciprocal tariff treatment to apply, which of the following are required?
a. The product is listed in the sensitive track of the exporting country with rate of duty of 10% or below and in the normal track of the importing country
b. The product is listed in the sensitive track of both the exporting and importing countries
c. The product is listed in the normal track of both the exporting and importing country and in sensitive track of the importing country with rate of duty of 10% or below.
d. The product is listed in the normal track of both the exporting and importing countries.
The early harvest program covers the reduction to 0% tariff on products covered by HS Chapters 1 TO 8. This program is provided only in which of the following agreement?
a. AIFTA
b. AKFTA
c. ACFTA
d. AJCEPA
The CMTA does not contain applicable FTA rates for except for ATIGA. If such information is required, e.g., ACFTA rates, which of the following sources can be referred to?
a. PSCC
b. PTF
c. AHTN
d. HS
It is the only free trade agreement were the ASEAN member states negotiated with two dialogue partners
a. AJCEPA
b. ACFTA
c. AKFTA
d. AANZFTA
Most FTAs allow the use of either the direct or indirect method in the RVC calculation. However, there is one that requires the use of indirect method only. Which among the following is the FTA being referred to?
a. AJCEPA
b. ACFTA
c. AIFTA
d. AKFTA
. There are two types of free trade agreements, the bilateral and multilateral. Identify which of the following choices is not multilateral free trade agreement
a. PJEPA
b. AJCEPA
c. AFTA
d. ACFTA
Which one of the following Free Trade Agreement is not between the ASEAN and its dialogue partners?
a. AJCEPA
b. AANZFTA
c. PH-EFTA FTA
d. AIFTA
Which one among the following is the FTA with a dialog partner that provides for a particular paragraph specifically identifying the goods considered as special products.
a. AKFTA
b. ACFTA
c. AIFTA
d. ATIGA
With regards to the AKFTA tariff reciprocity rule, which one of the following statements is incorrect?
a. Exporter’s ST rate of duty have been reduced to 10% or below
b. In importer’s NT
c. In the importer’s EHP list
d. The applied import duty should not exceed the MFN rate of the importing party.
In which on of the following FTAs is the issuance of CO not required in confirming that the product exported is originating?
a. ATIGA
b. AANZFTA
c. PH-EFTA FTA
d. PJEPA
A product can enjoy the preferential tariff rate under the AKFTA if it has complied with three of the following requirements. Identify the one that is not required.
a. It is placed under the NT list of both the importing and exporting countries
b. It is wholly-obtained or complied with the governing ROO
c. With Certificate of Origin Form “AK”
d. Made entirely of materials from the region
The special products mentioned in paragraph C of the AIFTA product coverage refers to the following India’s products except for one which is
a. Crude and refined palm oil
b. Coffee and black tea
c. Pepper
d. Processed petroleum oils
Aside from the CLMV, which country in the ASEAN was granted exception of 15% of its tariff lines from the concession in the AHKFTA?
a. Philippines
b. Indonesia
c. Thailand
d. Malaysia
This is the free trade agreement signed at Helsinki, Finland on 09 September 2006 and ratified 09 October 2008 pursuant to Senate Resolution No. 131. Which one of the FTAs below is referred to?
a. PH-EFTA FTA
b. AICECA
c. PJEPA
d. AANZFTA
It is in this type of products that the EFTA states have separate lists as contained in three annexes. What kind of products is being referred to?
a. manufactured goods
b. fish and fish products
c. agricultural products
d. pharmaceutical products
Which one of the following HS nomenclature components is designated with Roman Numbers?
a. Sections
b. Subheadings
c. Headings
d. Chapters
Which one of the following product nomenclature is being used exclusively by the ten ASEAN Member states?
a. AHTN
b. HS
c. CCCN
d. PSCC
In the Harmonized System, products are in general systematically arranged according to which one of the following?
a. Degree of Processing
b. Chronology
c. Alphabetically
d. Importance
In accordance with the number coding system in the Harmonized System, which one of the following refers to a HS heading?
a. 2-digit
b. 4-digit
c. 6-digit
d. 8-digit
Which one of the following is not among those that are generally mentioned in the HS legal notes?
a. Inclusions
b. Exclusions
c. Definitions
d. Rates of Duty
Among the obligations of a Contracting parties is to adopt the HS coding system up to the
a. 8-digit
b. 6-digit
c. 4-digit
d. 2-digit
The Harmonized System is used as basis for the following except for one which is
a. Tariff classification
b. Customs Valuation
c. Statistical nomenclature
d. Rules of Origin
It refers to the process of determining the correct AHTN code where a product should be covered.
a. Flexible Clause
b. Tariff modification
c. AHTN amendment
d. Tariff classification
In the dash system that is being applied in the HS, what does a description in a 1-dash indicate?
a. The heading is subdivided
b. The subheading is further subdivided
c. The AHTN subheading is provided
d. Further subdivision of the AHTN subheading
Under the AHTN protocol, ASEAN member countries are allowed to reflect their national interest after the 8th digit. In the Philippines, what additional feature was used?
a. Dashes
b. Hundreds
c. Roman numbers
d. Additional digits
What major change in the nomenclature was incorporated into the 2022 AHTN TCCP?
a. Expanded ITA products
b. HS Amendments
c. Tariff provisions of the Revised Kyoto Convention
d. ROO Product Specific Rules of the various FTA Agreements
Under the HS nomenclature, if the description of a particular tariff line is provided with two dashes, it means that:
a. The subheading is subdivided
b. The heading is subdivided
c. There will be further subdivisions
d. AHTN subheadings are provided
Which one among the following government agencies/departments is mandated to update the AHTN?
a. Department of Finance
b. Bureau of Customs
c. National Economic and Development Authority
d. Tariff Commission
7th and 8th digits of the ASEAN Harmonized Tariff Nomenclature (AHTN) refer to:
a. ASEAN subheadings
b. HS subheadings
c. National subheadings
d. Philippine subheadings
The Protocol governing the implementation of the ASEAN Harmonized Tariff Nomenclature was signed by the:
a. ASEAN Director Generals
b. ASEAN Finance Ministers
c. ASEAN Heads of States
d. ASEAN Economic Ministers
For legal purposes, classification of goods in the Harmonized System shall be governed by the following, except for one which is
a. The terms of the Headings
b. The terms of the Section Notes
c. The terms of the Chapter Notes
d. The terms of the Sections and the Chapters
It is a part of a TC publication where an ASEAN product given separate distinction in the AHTN is provided with its technical information.
a. HS Explanatory Notes
b. Supplementary Explanatory Notes
c. Correlation Table
d. Product Nomenclature
The following are the uses of the AHTN except for one which is:
a. As a uniform product nomenclature
b. Base for preferential tariff under the ATIGA
c. For uniform data collection
d. Basis for the Rules of Origin
The institutional arrangements overseeing the AHTN Protocol is composed of the following except
a. ADG of Customs
b. ASEAN Finance Ministers Meeting
c. The ASEAN Secretariat
d. AHTN Dispute Body
Identify which one of the following statements on the HS is incorrect.
a. a systematically arranged product nomenclature
b. an internationally-accepted coding system
c. standardize the conduct of international trade
d. Developed and being maintained by the World Trade Organization (WTO)
Which one of the following choices is among the uses of the HS?
a. tariff nomenclature
b. statistical nomenclature
c. Rules of Origin
d. all of the choices
Which Chapter in the nomenclature is reserved for possible Harmonized System’s future use?
a. Chapter 75
b. Chapter 76
c. Chapter 77
d. Chapter 78
Under which one of the following HS sections are textiles and textile products covered?
a. Section X
b. Section IX
c. Section XII
d. Section XI
The 2022 HS contains more than 300 sets of amendments one of which is the deletion of the heading for cadmium and its articles. In which heading are these products transferred?
a. 71.11
b. 81.12
c. 81.13
d. 81.11
On which one of the following reasons for amending the HS is the specific provision of LED lamps in the 2017 HS based on?
a. Environmental concern
b. Editorial amendment
c. Advancement in technology
d. Implification
Identify which of the following WCO publications contains information of the products covered in each of the HS headings.
a. Alphabetical Index
b. Compendium of Classification
c. Explanatory Notes
d. Concordance Table
Who among the following presidents signed the instrument of accession to the HS convention for the Philippines to become an HS contracting party?
a. Gloria Arroyo
b. Fidel Ramos
c. Benigno Aquino
d. Joseph Estrada
The existence of a 3-dash subheading in an AHTN heading indicates that
a. A subheading for an ASEAN product is provided
b. The HS heading is subdivided at the first level
c. The HS subheading is further subdivided
d. This is the first AHTN subheading in a heading
Which one of the following choices is a criterion for the provision of an AHTN subheading?
a. Amendments to the HS
b. Average $ 1M of trade in the last 3 years
c. For statistical purposes
d. Products subject on seasonal tariffs
dentify which one of the following choices is an optional content in the supplementary explanatory notes?
a. The description of the good
b. Picture of the product
c. The AHTN subheading
d. Explanatory notes to the product
Which one among the following choices refers to the integral part of the HS that provides for the guiding principles of classification?
a. Classification Ruling
b. The GIRs
c. The HS Explanatory Notes
d. The HS structure
The GIR is composed of six general rules. How many of them govern the classification of goods at the 6-digit level?
a. 5
b. 2
c. 3
d. 1
Under which one among the following GIRs governs the classification of composite goods made up of different components falling under different headings?
a. 2(a)
b. 3(b)
c. 4
d. 5(a)
In terms of application, which among the following rules does not belong to the group?
a. Rule 1
b. Rule 2(a)
c. Rule 6
d. Rule 3(b)
How many of the HS GIRs govern the classification of goods of the heading level?
a. 6
b. 2
c. 3
d. 5
Which one among the following choices covers the principle of GIR 4?
a. Rule of description most specific
b. Rule of similarity
c. Rule of essential character
d. Rule of completeness
When imported goods ae classifiable under more than one heading and that classification was effected by choosing the heading providing the most specific description for the goods, what was the GIR applied?
a. 2(b)
b. 3(c)
c. 3(a)
d. 3(b)
When imported goods ae classifiable under more than one heading and that classification was effected by choosing the heading providing the most specific description for the goods, what was the GIR applied?
a. 2(b)
b. 3(c)
c. 3(a)
d. 3(b)
The phrase “The heading which provides the most specific description shall be preferred to headings providing a more general description.” Is a principle of which one of the following GIRs?
a. GIR 3(b)
b. GIR 4
c. GIR 5
d. GIR 3(a)
This Rule relates to good which cannot be classified in accordance with Rules 1 to 3, and should be classified in the heading of a good to which it is most akin.
a. GIR 5
b. GIR 2(b)
c. GIR 6
d. GIR 4
Blu-ray players imported without their remote controls and AV cables were classified under HS 8521.90. Which one of the following rules was applied?
a. GIRs 3 (b) and 6
b. GIRs 2(a) and 6
c. GIRs 1 and 6
d. GIR 2(b)
An importation of TVs with built-in VHS player/recorder, a composite good made up of different component was classified in HS 85.28. Heading 85.28 covers “Monitors and projectors, not incorporating television reception apparatus: reception apparatus for television, whether or not incorporating radio-broadcast receivers or sound or video recording or reproducing apparatus.” Which of the GIRs below was applied?
a. GIR 1
b. GIR 3 (c)
c. GIR 3(b)
d. GIR 3(a)
Identify which one of the following is not among the GIRs to be considered if a good is deemed classifiable in two or more headings.
a. Most specific description
b. Essentiality
c. Last in numerical HS order
d. Highest rate of duty
