Tarlaw

Question 1

It refers to the cost of handling and moving loose or break bulk cargoes within a seaport at the country of destination.
A.Origin LCL Charges
B.Destination LCL Charges
Origin c.Terminal Handling Charges
d. Destination Handling Charges

Answer 1

d. Destination Handling Charges

Question 2

It means the main carriage for the exported goods was paid by seller prior to departure from the country of origin and therefore included in seller’s invoice price.
a. Freight Collect
B.Freight Prepaid
c. Destination Inland Freight
d. Origin Inland Freight

Answer 2

B.Freight prepaid

Question 3

Seller delivers goods on board carrying vessel at the port of shipment. Seller pays for ocean freight charges prior to departure at origin. Port to port insurance not included in seller’s invoice price.
a. FOB
b. CIF
c. FCA
d. CFR

Answer 3

d. CFR

Question 4

Seller delivers the goods by handing them over to the custody of the carrier or his agent. Seller pays for ocean/air charges prior to departure at origin. Port to port insurance paid by the buyer.
a. CIP
b. CPT
c. CFR
d. CIF

Answer 4

b. CPT

Question 5

It refers to the insurance premium paid in the international transport of goods by air/sea. This is procured by the buyer or seller to cover risks against loss or damage to the cargo during the pendency of the voyage from country of origin to destination.
A.Port to Port Insurance
b. Internal c.Insurance
Insurance Premium
d. Local Insurance

Answer 5

A.Port to Port Insurance

Question 6

Originating raw materials of different HS codes were imported from various ASEAN countries. These were processed in the Philippines into a product which was exported to Vietnam. Which of the following is the most appropriate ROO criterion in ATIGA that was complied with for this product to be deemed originating?
a. Accumulation
b. Substantial transformation
c. CTH
d. De Minimis

Answer 6

a. Accumulation

Question 7

Under the ATIGA ROO, which one among the following choices describes fuels, tools, dies and moulds used in the manufacture of goods?
a. Minimal operations
b. Quantifiable goods
c. Direct materials
d. Neutral elements

Answer 7

d. Neutral elements

Question 8

Under the ROO, the de minimis rule permits materials that did not undergo a CTC tariff shift to qualify as originating provided these materials are not more than a certain percentage of the transacted value of the goods. Aside from ACFTA, which one of the following FTAs does not contain this provision as well?
a. AKFTA
b. AJFTA
c. AIFTA
d. AANZFTA

Answer 8

c. AIFTA

Question 9

Korean originating clay classified under HS 25.07 was exported to China where it was manufactured into porcelain plates classified under HS 6911.10 then exported to the Philippines. If the agreed ROO for the plates was CTH what CO Form should the issuing authority in China issue for the plates to be eligible for tariff preference under the applicable FTA agreement?
a. Form AK
b. Form D
c. Form E
d. No preferential treatment, MFN rate should be applied

Answer 9

c. Form E

Question 10

The first four digits of an HS Code refers to the
a. Section
b. Chapter
c. heading
d. National Subheading

Answer 10

C. Heading

Question 11

A compilation of the official interpretations of ASEAN subheadings and included in this publication.
a. Supplementary Explanatory Notes (SEN)
b. Correlation Tables
c. Philippine Tariff Finder
d. AHTN Code

Answer 11

a. Supplementary Explanatory Notes (SEN)

Question 12

Mineral products are found in what Section of the AHTN?
a. Section II
b. Section III
c. Section IV
d. Section V

Answer 12

d. Section V

Question 13

Base metals and articles of base metal are classified under what Section of the AHTN?
a. Section XII
b. Section XIII
c. Section XIV
d. Section XV

Answer 13

d. Section XV

Question 14

Under which one among the following ATIGA ROO rules where, if a product is exported under this arrangement, it will not be outright eligible for the tariff preference granted under the AFTA agreement but will only be used for cumulation purposes?
a Partial Accumulation
b. de minimis Rule
c. RVC + CTC Rule
d. Full Accumulation

Answer 14

a Partial Accumulation

Question 15

In ATIGA, which one among the following is the invoice issued in Hong Kong for a product originating in Vietnam and exported to Indonesia?
a. Non-party invoice
b. Back-to-Back Invoice
c. Non-ASEAN Invoice
d. Third Party Invoice

Answer 15

d. Third Party Invoice

Question 16

This is the kind of certificate issued by another FTA party retaining the origin status of a good on the basis of the original certificate of origin.
a. Back to back certificate
b. Final certificate
c. Third country certificate
d. Extension certificate

Answer 16

a. Back to back certificate

Question 17

Under the ATIGA OCP, what is the threshold FOB value of the originating good exported by a Member State that can warrant a CO to be waived and instead use a simplified declaration by the exporter that the goods in question have originated in the exporting Member State?
a. US $ 200.00
b. US $ 500.00
c. US $ 1,000.00
d. US $ 300.00

Answer 17

a. US $ 200.00

Question 18

This criterion to qualify for preferential tariff requires the product to undergo certain manufacturing operations in the exporting country.
a. Value Added Rule
b. Change in Tariff Subheading
c. Change in Tariff Chapter
d. Process Rule

Answer 18

d. Process Rule

Question 19

It is the issuing authority of Certificate of Origin in Myanmar.
a. Ministry of Trade
b. Ministry of Commerce
c. Ministry of Foreign Affairs and Trade
d. Chamber of Commerce

Answer 19

B. Ministry of Commerce

Question 20

What is the Certificate of Origin to be used to avail for preferential tariff under ASEAN-China Free Trade Area?
a. CO Form D
b. CO Form AK
c. CO Form JP
d. CO Form E

Answer 20

d. CO Form E

Question 21

The duplicate copy of the Certificate of Origin shall be retained by the
a. Exporter
b. Importer
c. Freight Forwarder
d. Issuing Authority

Answer 21

d. Issuing Authority

Question 22

The following are components in the determination of the Regional Value Content using the Direct Method, except
a. ASEAN Material Cost
b. Direct Labor Cost
c. Direct Overhead Cost
d. Shipping Cost

Answer 22

d. Shipping Cost

Question 23

This applies to goods of a specific tariff classification. It specifies which condition/s a good must satisfy to be considered as an originating good
a. Value Added Rule
b. Product Specific Rule
c. Change in Tariff Subheading
D. Chapter Notes
E. Section Title

Answer 23

b. Product Specific Rule

Question 24

If the texts of the headings and of the notes cannot, by themselves, determine the appropriate heading for classification of merchandise, then classification is to be determined under
a. Rule 2a
b. Rule 2b
c. Appropriate succeeding GIR
d. Rule 3a

Answer 24

c. Appropriate succeeding GIR

Question 25

It is a single set of legal principles that governs the classification of commodities under the Harmonized System. a. ASEAN Harmonized Tariff Nomenclature b. General Interpretative Rules c. General Information Rules d. Chapter Notes and Subheading Notes

Answer 25

b. General Interpretative Rules

Question 26

This term refers to the making of necessary alterations while not affecting the main point at issue. a. Prima Facie b. Mutatis Mutandis c. GRI d. Harmonized System

Answer 26

b. Mutatis Mutandis

Question 27

In which type of free trade agreements below will PIEPA be identified with? a. Bilateral b. Multilateral c. Regional d. Plurilateral

Answer 27

a. Bilateral

Question 28

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

Answer 28

d. Processed petroleum oils

Question 29

Which one among the following is a correct statement under the accumulation rule of the ATIGA ROO? a. The goods for cumulation from a Member State must satisfy the de minimis ROO requirement b. The goods from a Member State for cumulation in another Member State must be covered by a CO Form D c. Cumulation is only applied under the CTC criterion of the ROO d. The goods for cumulation must only be sourced from a non-ASEAN country

Answer 29

b. The goods from a Member State for cumulation in another Member State must be covered by a CO Form D

Question 30

Japan originating electric motors (HS 8501.31) were incorporated into ink-jet printers (HS 8443.32) manufactured in Malaysia which were then exported to the Philippines. If all other parts to the printer were Malaysian originating and the agreed ROO for the printers was CTSH, which CO Form among the choices is not applicable under the foregoing situation for the printers to be eligible for tariff concession under the preferred FTA agreement? a. Form D b. Form JP c. Form AK d. Form AJ

Answer 30

b. Form JP

Question 31

This document contains specific information that the products exported are wholly obtained, produced or manufactured in a particular Country. a. Certificate of Analysis b. Certificate of Origin c. Process of Production

Answer 31

b. Certificate of Origin

Question 32

Identify which of the following refers to the established means of implementing the rules of origin such as the issuance and verification of the certificate of origin. a. Operational certification procedure b. ATIGA c. Agreement on ROO d. ROO Harmonization work program

Answer 32

a. Operational certification procedure

Question 33

Under the Computed Method, which among the following is not to be added to the seller's invoice price? a. Cost of Materials employed in the manufacturing or production of the the goods being valued. b. Cost of transport, loading, unloading and handling charges associated with the delivery of import. c. Not included in the general expenses, cost of containers treated as being one for customs purposes with the goods in question. d. Cost of fabrication and other processing costs associated in the fabrication of the imported goods.

Answer 33

b. Cost of transport, loading, unloading and handling charges associated with the delivery of import.

Question 34

A document used in international trade accomplished by the exporter or its agent and certified by an issuing body, used for certification that the products exported are wholly obtained, produced or manufactured in a particular Country. a. Origin Declaration b. Certificate of Origin c. Goods Declaration d. Back to Back Certificate

Answer 34

b. Certificate of Origin

Question 35

Which of the following is considered as a neutral element in the determination of the origin of a good? a. Lubricants b. Moulds c. Solvent d. All of the above are neutral elements

Answer 35

d. All of the above are neutral elements

Question 36

A Certificate of Origin Form D shall be valid for a period of a. 12 months after date of issuance b. 1 year from date of issuance c. Six months from date of issuance d. No validity

Answer 36

b. 1 year from date of issuance

Question 37

The Certifying or Issuing Authority of Australia is called a. Chamber of Commerce and Industry b. Chamber of Commerce c. Ministry of Trade d. Ministry of Commerce

Answer 37

a. Chamber of Commerce and Industry

Question 38

Which among the following Free Trade Agreements is not between the ASEAN and its dialogue partners? a. AJCEPA b. AANZFTA c. PJEPA d. AFTA

Answer 38

c. PJEPA

Question 39

It is the only free trade agreement where the ASEAN member states negotiated with two dialogue partners. a. AJCEPA b. ACFTA c. AFTA d. AANZFTA

Answer 39

d. AANZFTA

Question 40

Philippine participations in all Free Trade Agreements are in pursuance of which one of the TCCP 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)

Answer 40

d. Promotion of Foreign Trade (Sec. 1609)