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TM212C - Midterm

Total questions: 87

Worksheet time: 2hrs 11mins

Name
Class
Date
1.

Which statement best defines the ASEAN Harmonized Tariff Nomenclature (AHTN)?

a)

A bilateral free trade agreement among ASEAN members

b)

An eight-digit commodity classification system based on the HS maintained by the WCO

c)

A list of prohibited imports within ASEAN

d)

A regional currency used to price cross-border trade

2.

What was the primary purpose for conceptualizing the AHTN by the ten ASEAN Member States?

a)

To replace the World Customs Organization (WCO)

b)

To establish a uniform tariff nomenclature that facilitates trade within the region

c)

To set common exchange rates across ASEAN

d)

To create a single ASEAN customs authority

3.

In which year was the first edition of the AHTN introduced?

a)

1967

b)

1984

c)

1999

d)

2004

4.

Which of the following is NOT listed as a function of the AHTN in the material?

a)

Serving as a standardized tariff language across ASEAN

b)

Forming the basis for preferential tariff arrangements under AFTA and other FTAs

c)

Supporting the collection of international trade statistics

d)

Setting monetary policy for ASEAN currencies

5.

ASEAN was formally established on 8 August 1967 in Bangkok, Thailand. Which combination correctly lists two of the founding ASEAN members and their currencies as shown?

a)

Philippines – Thai Baht; Singapore – Philippine Peso

b)

Indonesia – Indonesian Rupiah; Malaysia – Malaysian Ringgit

c)

Thailand – Singapore Dollar; Indonesia – Malaysian Ringgit

d)

Malaysia – Indonesian Rupiah; Thailand – Philippine Peso

6.

Which of the following is NOT listed as a component of the AHTN?

a)

General Rules for the Interpretation of the HS

b)

Section and Chapter Notes with Subheading Notes

c)

A list of systematically arranged headings and subheadings

d)

Schedules of tariff rates for each ASEAN member

7.

In the AHTN, what do the seventh and eighth digits specifically represent?

a)

World Customs Organization global chapters

b)

ASEAN subheadings for products important to regional trade

c)

National tariff lines for each member state

d)

Special safeguards for sensitive products

8.

According to the material, which statement best explains how the AHTN keeps current with international changes to the HS?

a)

It is revised independently by each member state every two years.

b)

It automatically adopts all HS updates, with past revisions incorporated in 2007, 2012, 2017, and 2022.

c)

It changes only when ASEAN leaders issue a summit declaration.

d)

It follows a ten-year static cycle unrelated to HS amendments.

9.

Which of the following is identified as a benefit of using the AHTN for ASEAN countries?

a)

It removes the need for customs classification.

b)

It ensures consistency in the classification of goods and promotes transparency.

c)

It allows members to ignore HS updates.

d)

It eliminates tariff schedules across the region.

10.

What commitment is required of each ASEAN Member State regarding the application of the HS and AHTN?

a)

Use the AHTN only up to the sixth digit for selected sectors

b)

Apply the HS and use the AHTN up to the eight-digit level in all trade-related transactions

c)

Adopt national schedules without reference to the HS

d)

Report trade statistics using any preferred coding

11.

Which legal instrument primarily authorizes the implementation of the AHTN in the Philippines?

a)

Republic Act No. 12145

b)

Executive Order No. 688, series of 1981

c)

ASEAN Charter Article 10

d)

World Customs Organization Protocol

12.

Under the CMTA (Republic Act No. 10863), which body is granted authority to administer tariff schedules and nomenclature in the Philippines?

a)

Department of Trade and Industry

b)

Bureau of Customs

c)

Tariff Commission

d)

National Economic and Development Authority (NEDA)

13.

The HS is reviewed by the WCO every four to six years. Given that HS 2022 took effect on January 1, 2022, when is the next AHTN review expected to take place?

a)

Before 2023

b)

Before 2025

c)

Before 2027

d)

Before 2030

14.

What is the primary purpose of the General Interpretative Rules (GIRs) in the HS/AHTN?

a)

To provide legally binding titles for Sections and Chapters

b)

To state the principles for classifying goods under the HS

c)

To list every product in each Chapter

d)

To assign tariff rates for each heading

15.

According to the material, how many Sections compose the HS?

a)

10

b)

17

c)

21

d)

99

16.

Which example correctly pairs an HS Section with its product scope as given?

a)

Section I: Vehicles, aircraft, vessels and associated transport equipment

b)

Section VII: Plastics and articles thereof; rubber and articles thereof

c)

Section XV: Live animals; animal products

d)

Section XVII: Base metals and articles of base metal

17.

Based on Section I illustrated (Live Animals, Animal Products), which of the following is listed as a Chapter within this Section?

a)

Cereals

b)

Edible vegetables and certain roots and tubers

c)

Dairy produce; birds' eggs; natural honey; edible products of animal origin, not elsewhere specified or included

d)

Coffee, tea, maté and spices

18.

What is stated about the titles of Sections, Chapters, and Subchapters?

a)

They are legally binding and determine classification.

b)

They are for ease of reference and should not be quoted to support classification.

c)

They are used to set tariff rates for each product.

d)

They replace Section Notes and Chapter Notes.

19.

How many HS Chapters are there, and which Chapter is reserved for future use?

a)

21 Chapters; Chapter 21

b)

77 Chapters; Chapter 1

c)

99 Chapters; Chapter 77

d)

99 Chapters; Chapter 98

20.

Which statement best reflects the relationship between Section titles and actual product classification coverage?

a)

All articles of base metal must be classified only in Section XV because of its title.

b)

Section titles are pointers; many articles of base metal may be classified in other Sections despite the title of Section XV.

c)

Section titles override Section Notes.

d)

Section titles allow skipping Chapter Notes when classifying.

21.

Which HS Section covers live animals and animal products, and spans Chapters 1 to 5?

a)

Section I

b)

Section II

c)

Section IV

d)

Section VII

22.

Mineral products fall under which HS Section and chapter range?

a)

Section V, Chapters 25 to 27

b)

Section VI, Chapters 28 to 38

c)

Section IX, Chapters 44 to 46

d)

Section X, Chapters 47 to 49

23.

Plastics and articles thereof; rubber and articles thereof are classified in which HS Section?

a)

Section VII

b)

Section VIII

c)

Section XI

d)

Section XII

24.

A shipment of vehicles and aircraft should be classified under which HS Section and chapter range?

a)

Section XVII, Chapters 86 to 89

b)

Section XVI, Chapters 84 and 85

c)

Section XVIII, Chapters 90 to 92

d)

Section XX, Chapters 94 to 96

25.

Which HS Section is dedicated to natural or cultured pearls, precious or semi-precious stones, and precious metals, and corresponds to Chapter 71?

a)

Section XIV

b)

Section XV

c)

Section XIX

d)

Section XXI

26.

In the four-digit HS heading example shown (1006), what commodity group does the heading identify?

a)

Rice

b)

Wheat

c)

Maize (corn)

d)

Barley

27.

Which statement best describes the World Customs Organization (WCO)?

a)

A private trade association focused on logistics companies

b)

An intergovernmental institution enhancing international cooperation in customs administration

c)

A regional bloc that negotiates free trade agreements for Asia

d)

A nongovernmental watchdog monitoring multinational corporations

28.

In what year was the WCO originally established, and under what name?

a)

1948, General Agreement Council

b)

1952, Customs Co-operation Council

c)

1967, World Customs Secretariat

d)

1995, World Trade Organization

29.

Which of the following is a key area of focus for the WCO?

a)

Patent registration

b)

Classification of goods and customs valuation

c)

Maritime insurance underwriting

d)

Exchange rate stabilization

30.

What major responsibility of the WCO supports the classification of goods in international trade?

a)

Maintaining the Harmonized System (HS)

b)

Administering the WTO dispute settlement mechanism

c)

Setting national tariff rates

d)

Issuing letters of credit

31.

Which figure most closely reflects the WCO’s membership and its share of global trade volume overseen?

a)

120 members; 60% of global trade

b)

150 members; 75% of global trade

c)

186 members; about 98% of global trade

d)

210 members; nearly 100% of global trade

32.

Which objective is emphasized in the WCO’s vision and objectives?

a)

Eliminating all customs duties worldwide

b)

Improving the efficiency and effectiveness of customs administrations

c)

Nationalizing private logistics firms

d)

Setting exchange rate policy for member countries

33.

Which activity is listed among the WCO’s main functions to pursue its mandate?

a)

Negotiating bilateral investment treaties

b)

Examining technical and economic aspects of customs systems to recommend harmonized practices

c)

Issuing binding rulings on maritime disputes

d)

Managing national tax collection

34.

How does the WCO ensure equality in decision-making among its members?

a)

Weighted voting based on GDP

b)

One representative per member with one vote each

c)

Veto power for founding members

d)

Rotating decision rights among regional blocs

35.

Which committee manages the development and application of the Harmonized System and resolves classification disputes?

a)

Permanent Technical Committee

b)

Harmonized System Committee

c)

Enforcement Committee

d)

Capacity Building Committee

36.

Under Rules of Origin and Valuation, which body works alongside the WTO to harmonize rules of origin and offer advisory opinions?

a)

Technical Committee on Rules of Origin

b)

Finance Committee

c)

Information Management Sub-Committee

d)

Integrity Sub-Committee

37.

Which cluster includes groups dedicated to intelligence, counterfeiting, cybercrime, and enforcement networks?

a)

Procedures and Facilitation

b)

Tariff and Trade Affairs

c)

Enforcement and Compliance

d)

Capacity Building

38.

Which committees focus on human resource development and strengthening ethical standards of customs administrations?

a)

Policy Commission and Finance Committee

b)

Scientific Sub-Committee and HS Working Party

c)

Capacity Building Committee and Integrity Sub-Committee

d)

Technical Committee on Customs Valuation and Information Management Sub-Committee

39.

Which international body created and maintains the Harmonized System (HS)?

a)

World Trade Organization (WTO)

b)

World Customs Organization (WCO)

c)

International Monetary Fund (IMF)

d)

United Nations Conference on Trade and Development (UNCTAD)

40.

What is the primary purpose of the Harmonized System (HS)?

a)

To regulate exchange rates

b)

To provide a standardized framework for naming and categorizing traded goods

c)

To set global minimum tariffs

d)

To certify products for safety

41.

Which of the following is NOT listed as an important use of the HS?

a)

Basis for Customs tariffs

b)

Basis for Rules of Origin

c)

Tool for setting monetary policy

d)

Monitoring of controlled goods such as narcotics and chemical weapons

42.

According to the HS structure, how many sections and chapters does it contain, and what is special about Chapter 77?

a)

21 sections and 99 chapters; Chapter 77 covers services

b)

20 sections and 97 chapters; Chapter 77 is for agricultural goods

c)

21 sections and 97 chapters; Chapter 77 is reserved for future use

d)

22 sections and 100 chapters; Chapter 77 is for technology products

43.

In the HS six‑digit code, what do the first two digits represent?

a)

The subheading

b)

The section

c)

The chapter

d)

The national extension

44.

Which statement best describes the General Rules for the Interpretation of the Harmonized System (GIR)?

a)

They are optional guidelines countries may follow when convenient.

b)

They establish six hierarchical rules to ensure consistent classification of goods.

c)

They determine national tariff rates for each product.

d)

They authorize countries to expand codes for national use.

45.

What is the role of the Harmonized System Committee under the WCO?

a)

Setting exchange rates and customs valuation

b)

Overseeing proper application and revision of the HS, issuing explanatory notes, and advising on classification matters

c)

Negotiating Free Trade Agreements on behalf of member states

d)

Collecting customs revenue for contracting parties

46.

When did the Philippines officially adopt and begin implementing the HS, and which law later reinforced this implementation?

a)

Adopted in 1995, implemented in 1996; reinforced by the Tariff and Customs Code

b)

Adopted on July 1, 1988, implemented in October 1988; reinforced by the Customs Modernization and Tariff Act (CMTA)

c)

Adopted in 2001, implemented in 2002; reinforced by Executive Order 688

d)

Adopted in 1998, implemented in 1999; reinforced by ASEAN Trade in Goods Agreement

47.

Which sections of the CMTA embed the HS by incorporating the General Rules for Interpretation and the official list of tariff headings?

a)

Sections 1608 and 1609

b)

Sections 1610 and 1611

c)

Sections 1501 and 1502

d)

Sections 1700 and 1701

e)

Section 1608 only

48.

What was adopted by the Philippines and other ASEAN member states in 2004 to extend HS classification for national use?

a)

10-digit National Tariff Schedule

b)

6-digit Harmonized System (HS)

c)

8-digit ASEAN Harmonized Tariff Nomenclature (AHTN)

d)

Alphabetical Index of the HS

e)

Compendium of Classification Opinions

49.

According to the material, how frequently are HS updates typically recommended under Article 7 of the HS Convention?

a)

Every year

b)

Every two to three years

c)

Every four to six years

d)

Every eight to ten years

e)

Only when major trade disputes arise

50.

In the Philippines, which CMTA section governs the implementation of HS amendments, including public consultation and a NEDA Board Resolution?

a)

Section 1611

b)

Section 1608

c)

Section 1600

d)

Section 1608 of the CMTA

e)

Section 1701

51.

Which supporting HS publication offers detailed guidance but is not legally binding?

a)

HS Database

b)

Classification Decisions

c)

Explanatory Notes

d)

Alphabetical Index

e)

Compendium of Classification Opinions

52.

Which tool is described as a subscription-based platform with searchable versions of the HS and related tools?

a)

Alphabetical Index

b)

HS Database

c)

Explanatory Notes

d)

Classification Decisions

e)

Review Sub-Committee portal

53.

Which document presents all decisions made by the HS Committee in tabular format?

a)

Compendium of Classification Opinions

b)

Classification Decisions

c)

Alphabetical Index

d)

General Rules for Interpretation

e)

NEDA Board Resolution

54.

Which document establishes the procedure for applying for an Advance Ruling on tariff classification related to importation or exportation of goods?

a)

Commission Order No. 2017-01

b)

Republic Act No. 11063

c)

ASEAN Trade in Goods Protocol

d)

Revised Kyoto Convention Annex

55.

Under the Commission Order, where must applications for an Advance Ruling on tariff classification of goods be filed?

a)

Bureau of Customs (BOC)

b)

Department of Trade and Industry (DTI)

c)

Tariff Commission

d)

World Customs Organization (WCO)

56.

According to the Order, tariff classification refers to determining the subheading in which system?

a)

Harmonized Commodity Description and Coding System (HS)

b)

ASEAN Harmonized Tariff Nomenclature (AHTN)

c)

Philippine Standard Commodity Classification (PSCC)

d)

International Standard Industrial Classification (ISIC)

57.

Which request is explicitly directed to the Bureau of Customs (BOC) rather than the Tariff Commission under this Order?

a)

Advance Ruling on tariff classification

b)

Advance Rulings on valuation and rules of origin

c)

Applications for movement of goods from free zones

d)

Appeals on tariff subheading disputes

58.

Which is NOT listed as an objective of the Advance Ruling system in this Order?

a)

Provide certainty and predictability to international trade

b)

Help importers and exporters make informed decisions based on legally binding rules

c)

Enable establishment of a system aligned with international agreements and best practices

d)

Increase customs duties to raise government revenue

59.

What is the best definition of an Advance Ruling on Tariff Classification as used in this Order?

a)

An informal verbal opinion by a customs officer

b)

An official written decision by the Commission providing the appropriate tariff classification of goods under the AHTN prior to importation or exportation

c)

A recommendation from the WCO on global tariff trends

d)

A contract between an importer and the Bureau of Customs

60.

Which party is eligible to apply for an Advance Ruling on tariff classification?

a)

Only the importer of record

b)

Any member of the general public

c)

An Applicant or his/her Authorized Representative

d)

Only a customs broker licensed in ASEAN

61.

According to the conditions for application, an Advance Ruling application must cover which of the following?

a)

Any number of products as long as they are in the same shipment

b)

Only one product or good, as determined by the Commission

c)

All goods imported within a 90-day period

d)

Products with identical HS subheadings only

62.

What is the required lead time for filing an application for an Advance Ruling relative to importation or exportation?

a)

At least 30 days before

b)

At least 60 days before

c)

At least 90 days before

d)

Within 10 days after

63.

Which procedural requirement is specified for filing an Advance Ruling application?

a)

Submit a single copy of the application form with no attachments

b)

Submit three copies of the filled-out form with supporting documents and samples if required

c)

Submit digital copies only via email

d)

Submit copies after payment of fees and assignment of reference number

64.

Which of the following is a ground for non-acceptance of an Advance Ruling application?

a)

Application filed more than 120 days before importation or exportation

b)

Inability to determine tariff classification based on presented information/documents

c)

Submission of product samples when not requested

d)

Payment of filing fee via bank transfer

65.

Within how many calendar days shall the Commission acknowledge receipt and notify the Applicant of the need for additional information or on-site verification?

a)

3 calendar days

b)

7 calendar days

c)

10 calendar days

d)

30 calendar days

66.

Which is a ground for non-issuance of an Advance Ruling by the Commission?

a)

The application uses the prescribed form and includes complete documents

b)

The Applicant allows on-site verification within the requested time

c)

The goods are subject to pending court litigation or an administrative review involving tariff classification

d)

The Applicant pays the filing fee promptly

67.

Which action allows an applicant to discontinue the process before a decision is made on an Advance Ruling?

a)

Appeal

b)

Withdrawal of application

c)

Reconsideration

d)

Modification

68.

When an Advance Ruling is issued, what is its typical effectivity relative to the date of issuance unless otherwise specified by law?

a)

Retrospective to one year prior

b)

Effective upon issuance

c)

Effective after publication only

d)

Effective after court approval

69.

An Advance Ruling generally remains valid until which of the following occurs?

a)

A change in the applicant’s business name

b)

The end of the fiscal year

c)

It is modified or revoked under legal provisions

d)

A new commissioner assumes office

70.

Which remedy asks the issuing authority to review and potentially change its own Advance Ruling based on new facts or arguments?

a)

Appeal

b)

Reconsideration

c)

Publication

d)

Withdrawal

71.

Which of the following best differentiates modification from revocation of an Advance Ruling?

a)

Modification cancels the ruling entirely; revocation only updates parts of it

b)

Modification updates terms or scope; revocation cancels the ruling in whole or in part

c)

Both are identical actions under the law

d)

Modification is requested by courts; revocation is requested by applicants only

72.

If a party disagrees with an Advance Ruling after reconsideration is denied, what formal step is next in the legal hierarchy?

a)

File an appeal under applicable rules

b)

Request publication

c)

File for confidentiality

d)

Withdraw the application

73.

Publication of Advance Rulings primarily serves which purpose while respecting confidentiality provisions?

a)

Public awareness and guidance on classification or valuation issues

b)

Creating binding contracts with traders

c)

Replacing existing tariff laws

d)

Exposing confidential business strategies

74.

Which statement aligns with confidentiality provisions related to Advance Rulings?

a)

All details of rulings must be fully disclosed to the public

b)

Confidential business information provided in applications should be protected even when rulings are published

c)

Applicants must waive confidentiality to receive a ruling

d)

Only financial data is confidential; technical data is not

75.

Under RA 10863, which body is authorized to adopt an official seal as shown, symbolizing elements such as the agricultural sector, trade and industry sector, and the wheel of progress?

a)

Tariff Commission

b)

Bureau of Internal Revenue

c)

Department of Trade and Industry

d)

Department of Finance

76.

In the depicted official seal, the gear-like image labeled 'WHEEL OF PROGRESS' most directly conveys which idea?

a)

Judicial independence

b)

Continuous economic advancement

c)

Environmental sustainability

d)

International diplomacy

77.

According to SEC. 1700, who are members of the Congressional Customs and Tariff Oversight Committee by virtue of their positions?

a)

The Secretaries of Finance and Trade

b)

The Chairpersons of the Committee on Ways and Means of the Senate and House

c)

The Commissioner of Customs and the Tariff Commission Chairperson

d)

All members of the Senate Finance Committee

78.

How many additional members from each House are designated to the Congressional Customs and Tariff Oversight Committee under SEC. 1700?

a)

Two (2)

b)

Three (3)

c)

Four (4)

d)

Five (5)

79.

Which of the following is NOT one of the stated functions of the Congressional Customs and Tariff Oversight Committee under SEC. 1700?

a)

Monitor implementation of the Act

b)

Review collection performance of the Bureau

c)

Appoint the Commissioner of Customs

d)

Review implementation of the Bureau’s programs

80.

To further its objectives, what information may the Committee require the Bureau to submit under SEC. 1700?

a)

Industry audits, collection performance data, and status reports on administrative, civil, and criminal actions

b)

Only annual budget proposals

c)

Only international trade agreements

d)

Personnel files of all customs officers

81.

Under SEC. 1700, which legislative bodies are represented by the Chairpersons of the Ways and Means Committees shown in the diagram?

a)

Senate and House of Representatives

b)

Department of Finance and Bureau of Customs

c)

Supreme Court and Court of Appeals

d)

Senate only

82.

According to SEC. 1700 as depicted, who designates the members of the Congressional Oversight Committee?

a)

The Secretary of Finance and the Customs Commissioner

b)

The Senate President and the House Speaker

c)

The Chief Justice and the Ombudsman

d)

The National Economic and Development Authority

83.

Based on SEC. 1800, which official promulgates the implementing rules and regulations upon the recommendation of the Commissioner?

a)

The House Speaker

b)

The Secretary of Finance

c)

The Senate President

d)

The Tariff Commission Chairperson

84.

Applying the roles illustrated, which pairing correctly matches the official with the role for implementing RA 10863?

a)

Senate President — promulgates IRR; Secretary of Finance — designates oversight members

b)

House Speaker — recommends IRR; Customs Commissioner — chairs Senate Ways and Means

c)

Secretary of Finance — promulgates IRR; Commissioner — recommends IRR

d)

Tariff Commission Chair — designates oversight members; Senate President — recommends IRR

85.

Which function under SEC. 1603 of RA 10863 directly involves deciding cases related to anti-dumping, countervailing, or safeguard measures?

a)

Adjudication of trade remedies

b)

Conduct of customs valuation audits

c)

Issuance of import licenses

d)

Collection of tariffs at ports

86.

Under RA 10863, which activity best reflects the Tariff Commission’s role in promoting national competitiveness?

a)

Maintaining police power over customs districts

b)

Studying the impacts of tariff policies on industries and consumers

c)

Negotiating international treaties on behalf of the state

d)

Operating bonded warehouses

87.

According to SEC. 1603, which of the following illustrates the Commission’s administrative responsibility over tariff schedules?

a)

Drafting criminal penalties for smuggling offenses

b)

Administering and updating the national tariff nomenclature and schedules

c)

Issuing judicial warrants against erring importers

d)

Setting exchange rates for customs valuation