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Customs Broker Licensure Examination 2025

Total questions: 15

Worksheet time: 8mins

Name
Class
Date
1.

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?

a)

HS Committee

b)

APEC

c)

WCO

d)

WTO

2.

What is the highest decision-making body of the WTO?

a)

General Council

b)

Ministerial Conference

c)

Dispute Settlement Body

d)

Trade Policy Review Body

3.

The International Technology Agreement (ITA) aims to:

a)

Reduce tariffs on agriculture

b)

Eliminate tariffs on IT products

c)

Create binding tariff ceilings

d)

Promote agricultural self-sufficiency

4.

Which WTO body acts as the Dispute Settlement Body (DSB)?

a)

Ministerial Conference

b)

General Council

c)

Trade Facilitation Committee

d)

Technical Committee on ROO

5.

The Revised Kyoto Convention (RKC) focuses on:

a)

Agricultural liberalization

b)

Simplification and harmonization of customs procedures

c)

Investment liberalization

d)

Environmental protection in trade

6.

APEC’s Three Pillars do not include:

a)

Trade and Investment Liberalization

b)

Business Facilitation

c)

Agricultural Subsidy Reform

d)

Economic and Technical Cooperation

7.

The lead country for Natural Resource Development under BIMP-EAGA is:

a)

Brunei

b)

Malaysia

c)

Indonesia

d)

The Philippines

8.

What is the role of the BIMP-EAGA Business Council?

a)

Act as a dispute settlement body

b)

Serve as a customs facilitation agency

c)

Represent the private sector in the subregion

d)

Manage the ASEAN Harmonized Tariff Nomenclature

9.

The WTO's Non-Agricultural Market Access (NAMA) negotiations focus on:

a)

Tariff bindings for fish and forestry products

b)

Liberalizing trade in agricultural products

c)

Implementing subsidies for farmers

d)

None of the above

10.

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?

a)

CITES

b)

Basel Convention

c)

Rotterdam Convention

d)

Stockholm Convention

11.

The Philippine law implementing “tariffication” of quantitative restrictions is:

a)

RA 8178

b)

RA 11203

c)

EO 465

d)

EO 21

12.

The 13th WTO Ministerial Conference was held in:

a)

Marrakesh

b)

Geneva

c)

Abu Dhabi

d)

Jeju

13.

The APEC was established in:

a)

1994

b)

1989

c)

1998

d)

1973

14.

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?

a)

Tokyo Round

b)

Doha Round

c)

Kennedy Round

d)

Uruguay Round

15.

Amendments to the HS nomenclature also takes into consideration the classification and monitoring of specific articles covered by various international Conventions of social and environmental significance. What Convention on prohibited and controlled substances is concerned on the Prior Informed Consent Procedure for certain hazardous chemicals and pesticides in international trade?

a)

Stockholm Convention

b)

CITES

c)

Rotterdam Convention

d)

Basel Convention