Multiple Choice
Most countries have agreed on how to assess values when their customs agents levy tariffs.Which of the following best expresses this agreement?
A) They should use the value of similar goods arriving at about the same time.
B) They should use the declared invoice price unless they doubt its authenticity.
C) They should assess a value based on local costs to produce a similar product.
D) They should assess a value based on the expected final consumer sales price.
Correct Answer:

Verified
Correct Answer:
Verified
Q9: The lowering of a foreign producer's price
Q10: The most common type of tariff is
Q11: In addition to protection, tariffs serve to
Q12: Export-led development refers to _.<br>A)a country's efforts
Q13: In most cases, trade protectionism makes it
Q15: Which of the following is a problem
Q16: Companies that have integrated their supply chains
Q17: Import substitution is a program promoting local
Q18: What are the disadvantages of import restrictions
Q19: Helping a struggling domestic company through import