It is a multilateral economic and trade forum wherein Member Economies participate on the basis of dialogue, each Member has an equal say, and decision making is reached by consensus.

Which of the following is defined as a set of criteria used to determine where the good was produced or manufactured?

A seller in Japan delivered 100 boxes of strawberries alongside the vessel, not unloaded from delivery van, at the Port of Tokyo. The buyer in Cebu instructed his nominated carrier to handle the loading of the cargo into the vessel while the ocean freight charge is to be paid upon arrival of the goods in Cebu. The buyer also opted to secure a marine insurance from a surety firm in Cebu. What INCOTERM was used by the seller?

Which among the following is also known as the “Anti-Dumping Act of 1999”?

A shipment calculator parts were imported by the Philippines from Singapore. The said articles are originating under ROO and covered by CO Form D. Singapore have MFN rate of 10% and ATIGA rate of 5% while the Philippines have MFN rate of 5% and ATIGA rate of 0%. What tariff rate will be applied by the Philippines to the Singaporean product?

How does World Trade Organization administer trade liberalization?

Which 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 World Trade Organization?

Under the AKFTA Agreement, the Korea exported an originating product classified under its ST list with ST rate of 25% and MFN rate of 15% to Lao PDR which classified the product under its NT list with NT rate of 5% and MFN rate of 20%. If the said articles are covered by CO Form AK, what is the applicable import duty rate?

Which one of the following is not part of the three main criteria of Substantial Transformation?

Which among the following is also known as the International Convention on the Simplification and Harmonization of Customs Procedures entered into force on February 3, 2006?

It refers to all laws, government, policies and regulations aimed at establishing competition and maintaining the same.

Under the ACFTA Agreement, China exported a product classified under its ST list with ST rate of 10% to Indonesia which also classified the product under its NT list with NT rate of 7% and MFN rate of 15%. If the said articles are originating under ROO and covered by CO Form E, what tariff rate will be applied by the Indonesia to the Chinese product?

An importer in Malaysia arranged with his seller in Philippines to include in the latter’s quotation all expenses to be incurred in bringing 1 x 20’ container STC: frozen meat on board the carrying vessel at Port of Cebu, including pre-payment of ocean freight and marine insurance premium from Cebu International Port to Port of Kuala Lumpur. What INCOTERM was indicated in the seller’s offer?

Which among the following refers to rates of duty that are relatively low as that goods maybe readily imported, and duties easily collected?

Which of the following statements is true about the CTC Substantial Transformation rule?

Under Sec. 3.2.8 of CMO 16 – 2010, specifically provides that in the course of determining the dutiable value of an imported article, adjustments shall be made by adding them to the invoice price. Which among the following conditions will warrant an adjustment since they were not included in the seller price?

What is the duration for definitive special safeguard duty?

Which one among the following is the correct definition of “Tariffication”?

A shipment of 500 crates of calculator parts and components were delivered by a seller to carrier’s warehouse located in Xiamen, China. The carrier transported the goods to the Port of Xiamen and they were subsequently loaded to a vessel calling at the Port of Davao. The covering ocean bill of lading indicated that the ocean freight charges were pre-paid by the seller. What INCOTERM is being referred to?

A shipment of sparkling wines from Myanmar was exported to the Philippines. The said articles are originating under ROO and covered by CO Form D. Myanmar have MFN and ATIGA rates of 7% and 0% respectively while the Philippines have MFN and ATIGA rates of 10% and 0% respectively but Column 9 of the AHTN states “Except ID, BN, MY”. What is the applicable import duty rate?

What CTC criterion should be applied for it to be eligible as originating when exported to Philippines?

Identifiable metal parts of saxophones classified under the AHTN subheading 9209.99.00. Heading 92.09 covers “Parts (for example, mechanisms for musical boxes) and accessories (for example, cards, discs and rolls for mechanical instruments) of musical instruments; metronomes, tuning forks and pitch pipes of all kinds”. What GIR’s were used in this classification?

Which among the following institution acts as an international court in which governments can resolve disputes with other Members on trade remedy cases such as anti-dumping?

It refers to the extent by which the allegedly subsidized product is consistently sold at a price below the domestic selling price of the like product.

Article 8 of the Valuation Agreement provides that when permissible deductions are indicated as a separate value from the cost of the imported goods, they shall not be regarded as part of the dutiable value. Which among the following may not be categorized as permissible deductions?

Which one of the following choices represents annual report by APEC members, recording the actions that each member has to realize the APEC Bogor Goals of free and open trade and investment in the APEC region by 2010 for industrialized economies and 2020 for developing economies?

In the AHTN, under what chapter would you classify “Iron and Steel”?

Under the AKFTA Agreement, Korea exported an originating product classified under its NT list with AKFTA rate of 5% and MFN rate of 10% to Singapore which classified the product under its NT list with NT rate of 3% and MFN rate of 20%. If the said articles are covered by CO Form AK, what is the applicable import duty rate?

What is the minimum percentage level of RVC required for goods to be eligible for partial accumulation?

A pharmaceutical company in Hanoi, Vietnam was offered by his seller in Naga City, Cebu for the supply of 1,000 boxes of antibiotics. Seller’s quotation included ocean freight charges and hauling of the goods from port of destination to the seller’s warehouse in Danang, Vietnam ready for unloading. What INCOTERM is being offered by the seller?

Which one of the following choices is NOT among the three pillars or key areas of APEC?

Which type of ROO is used to benefit preferential tariff treatments?

Barb wires, of steel, classified under the AHTN heading 7313.00.00. Heading 7313.00.00 covers “Barbed wire of iron or steel; twisted hoop or single flat wire, barbed or not and loosely twisted double wire, of a kind used for fencing, of iron or steel”. What GIR’s were used in this classification?

Which among the following refers to an Act to raise revenue for the Philippine islands and was the first piece of tariff legislations passed by the United States Congress for the Philippines which gave birth to the imposition of tariffs against articles from foreign countries entering the territory of the Philippines?

Which one among the following choice is a multipurpose internationally standardized coding system consisting of names and numbers for classifying products developed by World Customs Organization?

A seller in Thailand was instructed by his buyer in Makati City to make the 5 crates of machineries available at his warehouse ready for loading. The buyer hired the services of a forwarder in Bangkok to pick up the goods at seller's warehouse and clear them for export then, have them loaded on board the vessel. The corresponding bill of lading shows the ocean freight charges as “Collect”. Which one is the INCOTERM used?

Which of the following is not Wholly-Obtained?

Article 15 of WTO Valuation Code provided several criteria in the application of the transaction value under Method Two. Which criterion is not included under the said article?

The ITA was initiated by the “Quad Countries” – the name used at the WTO to describe the four major industrialized-country markets. Which of the following country groupings represents the Quad Countries?

One of the goals of this proposed System is to eliminate the need for exporters to present a CO Form “D” in claiming tariff preference under the ATIGA and to reduce the amount of documentation required for transactions by traders. What is this System called?

Racing bicycles imported disassembled and without their brake system classified under the AHTN subheading 8712.00. Heading 87.12 covers “Bicycles and other cycles (including delivery tricycles), not motorized”. What GIR’s were used in this classification?

What is the Joint Administrative Order of Republic Act No. 8800?

What is threshold FOB value that would warrant a Certificate of Origin to be waived?

Which among the following choices implements and administers importation covered by the MAV Scheme under the WTO Agreement on Agriculture in the Philippines?

Method Four specifically provides that if there are no sales in the Philippines of the imported goods that took place at or about the same time of the goods being valued several alternative conditions are allowed to establish valuation under Method Four. Which among the following is not permitted to be used as alternative basis to determine Deductive Value?

Which among the following is not a function of World Trade Organization?

The Lao PDR decided to export ivory tusks to Philippines. The said articles are originating under ROO and covered by CO Form D. The Lao PDR have MFN and ATIGA rates of 30% and 20% respectively while the Philippines have MFN and ATIGA rates of 3% and 0% respectively. What is the applicable import duty rate?

Seiko wall clock movements, imported unassembled classified under AHTN subheading 9110.90.00. Heading 91.10 covers “Complete watch or clock movements, unassembled or partly assembled (movement sets); incomplete watch or clock movements, assembled; rough watch or clock movements”. What GIR’s were used in this classification?

How should materials of unknown origin be treated?

The Philippines is the lead country in which of the following BIMP-EAGA working group clusters?

Which among the following choices is not among the three pillars comprising the ASEAN Community?

The dutiable value is determined under Method Five by adding to the cost of production of the goods of the same class or kind at the country of exportation plus other costs, charges and expenses. Which among the following may not be added on to the cost of production under the Computed Method?

Article 24 of ATIGA mentions two highly sensitive products. This article adopted measures to provide special considerations for these products. What are these products?

It refers to a law giving no tariff preference accorded by the United States to Philippine products nor were accorded by Philippines to United States products.

It refers to a free online facility that allows the user to do a quick search of Philippine tariff rates on specific products simply by typing-in keywords or AHTN Codes.

In the determination of the transaction value governing the sequential order of application of Methods One to Six, which specific rule applies under the WTO Valuation Agreement?

In the classification of imported commodities using the AHTN, which of the following choices has no legal bearing?

Under which of the following situations a product coming from one ASEAN Member State cannot be granted the ATIGA rate of duty by the importing Member State?

Which one among the following is the peace treaty signed by the original members of ASEAN on February 24, 1976 at 1st ASEAN Summit in Bali, Indonesia containing the fundamental principles of ASEAN?

Which one among the following choices was adopted in 2007 to serve as a coherent master plan guiding the establishment of the ASEAN Economic Community?

The dutiable value of a shipment of truck tires from Thailand cannot be established under Method One. Customs had on file a previous shipment of the same tires from Thailand but produced by another seller and carries a different trademark thus a difference in reputation exist. If you were the assigned appraiser, which valuation method will you use to determine the transaction value?

Which one among the following is the supreme policy-making body of ASEAN, where Heads of State or Government of each Member State meet to discuss and resolve regional issues?

What are the colors of the original and carbon copies of CO Form E?

Which one among the following choices covers the principle of GIR 4?

Which one among the following choices does not confer a CTH under ROO CTC criterion?

“ASEAN Plus Three” is ASEAN plus the following countries except for one. Which country is not part of APT?

It was issued on June 11, 1978 to infuse flexibility, keep pace with the changing needs and demands of trade and commerce as well as strengthen the punitive force of the Tariff and Customs Code against smuggling and other forms of customs fraud.

How much is the amount of de minimis in subsidy for products originating from a developing country?

Philippines exported pineapples (HS 0804.30) to Japan for making pineapple juice (HS 2009.41) and then later exported to Cambodia. Assuming the goods are originating, which among the following is the correct CO for Japan to avail the preferential tariff rate treatment?

Which among the following is the reading stage where the bill is called by its name or title, then a vote is taken right away, and no amendments is allowed?

Under the ACFTA ROO, the original CO and triplicate CO is forwarded by exporter to the importer. The quadruplicate CO is retained by the exporter.

Which one among the following choices forms an integral part of the HS Convention providing the guiding principles of classification using HS nomenclature?

Which among the following refers to policy measures other than ordinary customs tariffs that can potentially have an economic effect on international trade in goods?

Under the AKFTA Agreement, the method of tariff rate elimination or reduction is categorized under two modes, the Normal Track (NT) and Sensitive Track (ST). The ST was further divided into which one among the following lists?

In the AHTN, under what chapter would you classify “Cereals”?

It refers to a tariff system wherein the rates of customs duties depend upon the agreements with other nations and therefore subject to change as the agreement with other nations are revised or altered.

This convention, entered into force on May 5, 1992, is an international treaty designed to reduce the movements of hazardous waste between nations.

Which among the following refers to production, distribution, marketing, sale or delivery of goods and services by electronic means?

Who is the current Director-General of the World Trade Organization?

It is designed as a system in trade facilitation enabling international traders to lodge standardized information and documents at a single entry point to fulfill all import, export and transit-related regulatory requirements, thus increasing the efficiency through time and cost savings for traders in their dealings with government authorities for obtaining the relevant clearance and permits for moving cargoes across national or economic borders.

In applying Method Three, the Collector of Customs, whenever possible, use sales of similar goods at same commercial level and substantially in the same quantities as the goods being valued. Where no such sale is found, a sale of similar goods that takes place under any of the following three conditions may be used, except:

What is the prescribed period for DTI-BIS or DA to initiate the investigation and makes a preliminary determination once a prima facie case has been established in a countervailing case?

Any difference between Member States concerning the interpretation or application of the AHTN Protocol shall, as far as possible, be settled amicably between the Member States. However, if a settlement cannot be reached, the dispute shall be submitted to which ASEAN Body for decision?

It refers to a preferential tariff system where it is specially intended for vulnerable countries with special development needs in which beneficiaries must ratify and apply the 27 key international conventions on sustainable development and good governance.

Where is the headquarters of the World Trade Organization?

The order in which the principles of HS General Interpretative Rule 3 are carried out is stated under which one among the following choices?

Which among the following situations is NOT considered as a criterion in determining whether goods are sold for export to the Philippines?

Seats for motor vehicles was classified under the AHTN code 9401.20.10. Heading 94.01 covers “Seats” whereas heading 87.08 covers “Parts and accessories for motor vehicles”. What GIR/s were used?

Which one among the following statements is false?

Which one among the following choices entered into force on December 15, 2008 and serves as a firm foundation in achieving the ASEAN Community by providing legal status and institutional framework and codifies norms, rules and values; sets for clear targets for ASEAN?

Which among the following refers to an action plan indicating a set of quantified goals, specific programs and timetables that a concerned industry commits to undertake in order to facilitate the industry's positive adjustment to import competition?

What is the TC Form for application for advance ruling on tariff classification?

It occurs when foreign producers sell their products to an importer in the domestic market at prices lower than in their own national markets, or at prices below cost of production, the sale or importation.

General safeguard measures shall not be applied to a product originating from a developing country, if that country’s share of total imports of the product is:

What provision of the CMTA covers the concern of a local businessman who wishes to import 200 gigabyte capacity thumb drives from China and wants to determine the correct tariff classification and applicable import duty rate for said drivers?

With reference to the WTO Agreement on Agriculture, determine which of the following is a tariff applied to imported commodities which are within the MAV requirement?

It is defined as derogation from GATT/WTO obligations whereby a Member State may impose restrictions or suspend tariff concessions on products imported in increase quantities causing injury to domestic injury.

Which one among the following choices is the latest round of trade negotiations among WTO members aimed at the achievement of major reform in international trading system through the lowering of trade barriers and the revision of trade rules?

Which among the following refers to a review initiated by any interested party or upon own motion of the Tariff Commission to determine whether the imposition of the countervailing duty is no longer necessary to offset subsidization?