WorksheetsPractice
Total questions: 45
Worksheet time: 23mins
"ASEANPlusThree" (APT) is ASEAN plus the following countries except for one. Which country is not a part of APT?
China
Japan
India
Korea
Which of the following forms of definitive safeguard measures is not mandated by RA8800?
An increase in, or imposition of, any duty on the imported product(such increases shall be subject or limited to the maximum levels of tariff as set forth in Section 401(a) of the Tariff and Customs Code of the Philippines)
A decrease in or the imposition of a tariff-rate quota (MAV) on the product.
A modification or imposition of any quantitative restriction.
One or more appropriate adjustment measures, including the provision of trade adjustment assistance
The HS headings are represented by how many digit numbers?
2-digits
4-digits
6-digits
8-digits
An ASEAN Member State was granted a waiver from the obligations imposed under the ATIGA with regard to rice and sugar pursuant to the Protocol to Provide Special Consideration to Rice and Sugar. What recourse is available to an ASEAN Member State affected by the waiver?
To request mediation at the WTO Dispute Settlement Body
To petition the nullification of the waiver with the ASEAN Directors-General of Customs.
To request bilateral consultations with the ASEAN Member State granted the waiver
To apply for a similar waiver
An importation from Japan consisted of several pure-bred breeding equestrian horses classified under AHTN0101.21.00 and covered by PJEPA EO767 with rate of 0%. Under CMTA Sec.1611, subject horses have an MFN and ATIGA rates of 3% and 0%, respectively. If these horses have a Japan MFN rate of 1%, deemed wholly obtained under the governing ROO, and the importation was covered by CO Form JP, what should be the applicable import duty rate?
3% MFN rate
0% PJEPA rate
0% ATIGA rate
1% Japan MFN rate
InorderforanoriginatingChinaproducttobeeligibleundertheTariffReciprocityRuleofACFTA,whatshouldbetheproduct'stariffrate?
The product should have an ST rate of 10% or below at the importing party
China NT rate of 10% or below
The importer must have the product under its ST list
China ST rate of 10%
Which of the following is not among those required in special safeguard cases?
Causality
Like product
Imports exceed trigger volume
Price falls below the trigger price
Which one of the following situations will not fall within the purview of flexible clause?
Petition against increasing importation
Tariff reform program
Local producer's petition for reduction of duty rate
Government agency's tariff program
Which of the following choices below is not used as a basis for determining an export price?
Free-On-Board (FOB) price at the point of shipment
Export price to third country
Importer's selling price to the first unrelated customers
Ex-factory price at the point of sale for export
The ROO on the manufacturer of uncoated steel wire under HS7217.10 is CTH except 72.13 (wire rod). This product specific rule means that
The wire rod is an originating good
It is not possible to produce wire from rod
Drawing of wire from wire rod is not considered substantial transformation
Wire is not locally manufactured
Poppy seeds, wholly-obtained in Myanmar and classified under AHTN code 1207.91.00 are to be exported to the Philippines. Subject articles are under the ATIGA General Exception list of Myanmar and in the Philippines; these have an ATIGA rate of 0%, MFN rate of 1% and AANZFTA rate of 0%. If said poppy seeds were imported by the Department of Health, what CO Form should the exporter in Myanmar apply for in order to avail the tariff preferences here in the Philippines?
CO Form "D" and avail the 0% ATIGA rate
Preference rate not applicable since under Myanmar's GEL list, MFN rate is applied
CO Form "AANZ" and avail the 0% AANZFTA rate
Importation is prohibited under Sec.101 of the TCCP
Which of the following refers to a determination that shall be based on facts and not merely on allegation, conjecture or remote possibility, in which the dumping will cause injury that is clearly foreseen and imminent?
Material Injury
Serious Injury
Threat of Serious Injury
Threat of Material Injury
Identify which of the following is not a specific requirement for an ASEAN product to be eligible for tariff preference under the ATIGA.
Included in the sensitive list
Satisfied the required ROO
Accompanied with CO form D
Tariff at the exporting country is 20% or below
What kind of trade remedy measure can an offender party opt to avail of against increasing importation if he is involved in poultry raising industry?
General safeguard
Antidumping
Subsidy
Special safeguard
Whichoneamongthefollowingisthecorrectdefinitionof"Tariffication"?
A process of converting import tariffs of WTO members into quantitative restriction type of tariff, i.e. In-Quota and Out-Quota tariffs.
The systematic and gradual elimination/reduction of high tariffs on agricultural products
The removal of non-tariff barriers on all industrial commodities and converting them into equivalent tariff values
Procedures relating to the agricultural market-access provision in which all non-tariff measures are converted into tariffs.
Under the ROO, when the CC rule was agreed upon for a particular product, it means that
All non-originating material inputs and the finished good must be classified under different HS chapters
The regional value content required must be satisfied.
All materials used must be classified under the same HS chapter where the finished good is classified.
All non-originating materials and the finished good must fall under the same HS chapter.
Under the ATIGAROO, the following are considered minimal processes which shall not be taken into account in determining whether a good is originating, except for one. Identify which one below is being referred to.
Ensuring preservation
Slaughter of animals
Facilitating shipment
Packaging goods for sale
Thailand manufactured barber's chairs classified under AHTN Code 9402.10.30 and having an FOB value of $100 were to be exported to the Philippines under the ATIGA. The non-originating base and frame of the chairs classified under AHTN Code 9402.10.30 were sourced from Hong Kong and have a CIF value of $70. If the product specific rule assigned was RVC40 or CTSH and a de minimis provision of 10% of the final product's FOB was granted, under what ROO criteria did the product attain originating status?
RVC40
CTSH
de minimis
The product did not attain originating status
Which of the following statements is erroneous in relation to FTA agreements?
A product imported into the Philippines from Indonesia and covered with a CO Form 'E'
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.
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.
A product of China with ST rate of 6% 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.
The following are the legal notes used in the determination of proper commodity under the HS except for one which is the
Explanatory Notes
Sections Notes
Chapter Notes
Subheading Notes
It is defined as derogation from GATT/WTO obligations whereby a member state may impose restrictions or suspend tariff concessions on products imported in increased quantities causing injury to domestic industry.
Quantitative restriction
Trade without discrimination
Waiver
Balance of payment measure
GIR 5a provides that cases and containers imported together with the article it normally contained is classified in the heading of that article. Example of this is -
Saxophone in saxophone case
Tin Can filled with biscuits
Gold plated jar filled with assorted candies
Glass bottle containing perfumes
Under the criterion on the change in tariff classification rule, all imported materials are considered non-originating except those
Covered in accumulation
Subject to preferential rate rule
Whose rate of duty is zero
Within the agreement
The Philippine instrument of Accession to the HS Convention was signed by the then President Joseph E. Estrada on 23 September 1998 and its ratification was concurred by
The House of Representatives
The Senate
The DFA
The Tariff Commission
Under the WTO, it is defined as a tariff rate charged as percentage of the price.
Revenue tariff
Percentage equivalent tariff
Ad valorem tariff
MFN tariff
Tool set consisting of hacksaw, hammer, screwdrivers and pliers, packed for retail sale, was classified in Heading 82.06 which covers "Tools of two or more of the heading 82.02 to 82.05, put up in sets for retail sale. Which one of the following rule was applied?
GIR1
GIR3(b)
GIR2(b)
GIR4
Which one among the following Philippine products is considered wholly obtained under the ATIGA ROO?
Wooden furniture made from logs imported from Indonesia
Galvanized steel sheets made from imported steel waste and scrap collected in Malaysia
Nata de coco manufactured from coconuts 90% of which is locally sourced
Recyclable used plastic bottles gathered from various parts of the country
What is the ATIGAROO of RVC40 when produced in the Philippines and exported to ASEAN countries?
Part A from China amounting to $40 and part B from Vietnam costing $20 are assembled into product C with FOB value of $80
Raw materials A and B, from Korea and India costing $50 and $60, respectively were processed into a finished goods worth $150
Cheeses from New Zealand, worth $120 plus ingredients from Thailand amounting to $30 were converted into processed cheese with FOB value of $180
Parts and components from the US amounting to $120 were assembled into a domestic appliance intended to be sold at $170
Which of the following refers to a determination that shall be based on facts and not merely on allegation, conjecture or remote possibility, in which the dumping will cause injury that is clearly foreseen and imminent?
Material Injury
Serious Injury
Threat of Serious Injury
Threat of Material Injury
Thailand originating batteries under HS8506.60 and US originating circuit boards under HS8517.70 were exported to Singapore and were used in the manufacture of mobile phones classified under HS8517.12 for export to the Philippines. The mobile phones were deemed Singapore originating under the ATIGA ROO using the RVC direct formula where the value of the batteries was treated as Singapore originating. Other than RVC, what ROO rule was utilized?
de minimis Rule
CTH Rule
Accumulation Rule
CTSH
Which of the following is not among the fundamental principles of the WTO?
Recognizes free trade agreements
Encourages quantitative restrictions
MFN principle
Any increase in bound tariffs shall be compensated
In the GIR, the phrase 'shall be classified as if they consistent of the material or component which gives them their essential character' is applicable to the following except for one which is
Mixtures
Goods composed of different components
Goods put up in sets
Unassembled goods
The legal texts of the HS adopted by the ASEAN Harmonized Tariff Nomenclature (AHTN) are the following, except one
GIRs
Section, Chapter and Subheading notes
4-digit heading and 6-digit subheadings
8-digit subheadings
The principles of the GIRs are applied in the exercise of this provision of the AHTN, as amended by the CMTA, RA10863.
Classification Ruling (Sec.1100)
The GIRs (Sec1610)
Promotion of Foreign Trade (Sec.1609)
The HS Structure (Sec1611)
WhichofthefollowingROOcriterioncanonlybeapplicablefortheassemblyofessentiallycompletepartsofumbrellaofinishedfoldingumbrella,classificationofwhichisinaccordancewithGIR2a?
RVC40
CTSH
CTH
CC
Which one is not a factor considered in determining the existence of threat of serious injury under the general safeguard measure?
Decline in sales and market share
Increased production in the exporting country
Significant increase in importation
Reduction on the rate of duty
Whichoneamongthefollowingchoicesisthebestdefinitionfor"FreeTradeArea"?
It is exclusively a tariff-cutting agreement among contracting parties aiming to liberalize tariffs on all goods traded between them.
It is a regional area established by contracting parties wherein there is a free flow of trade resulting from the liberalization of import tariffs.
It is an area established through multilateral negotiations between countries with the objective of liberalizing tariffs and eliminating all trade barriers to promote free flow of trade between them.
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.
To sustain the growth and development of a particular region, country participants can enter into a trading arrangement. Examples of such arrangements are as follows except which one?
APEC
WTO
NAFTA
AFTA
WhichofthefollowingchoicesbelowisnotwithinthemandatesoftheTariffCommission?
Collection of taxes and tariff duties on imported commodities
Adjudication of cases on trade remedy measures
Conduct of Investigations on petitions for tariff protection
Assistance to Congress on bills with tariff concerns
Theearlyharvestprogramcoversthereductionto0%tariffonproductscoveredbyHSChapters1-8.Thisprogramisprovidedonlyinwhichofthefollowingagreement?
ACFTA
AIFTA
AKFTA
AJCEPA
Under the partial accumulation rule in ATIGAROO, what is the minimum percentage value required for the ASEAN material input?
20%
25%
30%
35%
This six ASEAN heads of states established the ASEAN Free Trade Area with the following objectives except for one, which is the
Trade liberalization
Increase competitive edge as production base for the world market
Free flow of services
Attract foreign investments
Whichoneamongthefollowingchoicesaregoodsthatcannotbeconsideredaswholly-obtainedundertheATIGAROOwhenexportedtoAFTAparticipant?
Used air conditioners for repairs and reconditioning from Malaysia
Cut orchids from plants grown in Thailand
Eggs from chickens born and raised in Indonesia
Industrial waste and scrap from Vietnam for recycling
Which one among the following acts as the dispute settlement body and trade policy review mechanism concerned with the full range of trade issues within the scope of the WTO?
Senior Officials Meeting
WTO Dispute Assessment and Settlement Committee
The General Council
The Ministerial Conference
The product/s described in the alphanumeric subheadings provided in the AHTN only includes the commodities that are of national interest to the Philippines. Therefore, these descriptions are also appearing in the AHTN versions of the other AMS.
The first statement is correct but the second is incorrect
The first statement is incorrect but the second is correct
Both statements are correct
Both statements are incorrect
