Incoterms
Buyer is responsible for all cost and risk associated with Import and Export
What is Exworks?
A customs procedure applied to determine the customs value of imported goods.
What is customs valuation?
Who administers the Harmonized Tariff schedule?
What is the World Customs Organization?
How many regions are represented at the WCO?
What is 6?
Contracts between countries to allow access to their markets are?
What are Free Trade Agreements?
Seller is responsible for destination Import Customs Clearance
What is Delivered Duty Paid?
How many methods of valuation are there based on WTO rules?
What is 6?
Foreign tariff schedules will be identical with the HTS up to what level ?
What is 6 digit level?
Name of document that summarizes the WCO's mission and current activities, and includes data on WCO Members?
What is WCO's Annual Report ?
The US currently has how many free trade agreements with 20 countries?
What is 14?
Incoterm that Trade Compliance would least recommend?
What is Exworks?
The price actually paid or payable is the total payment made or to be made by the buyer to or for the benefit of the seller for the imported goods, and includes all payments made as a condition of sale of the imported goods by the buyer to the seller, or by the buyer to a third party to satisfy an obligation of the seller is what Method of Valuation?
What is Transaction value?
How many chapters in the US tariff schedule?
What is 99?
What document intends to make sure that the WCO, as an Organization specialized in Customs matters, remains fit for purpose in an increasingly complex environment?
What is the Strategic Plan ?
How many free trade agreements does Mexico have with 50 countries
What is 14?
What is Incoterms 2020?
Canada and most of its trading partners value imported goods based on the rules included in what agreement?
What is World Trade Organization's Agreement on Implementation of Article VII of the General Agreement on Tariffs and Trade 1994?
Classification of goods in the Nomenclature are governed by a set of rules known as?
What are the general rules of interpretation?
What is intended to inform WCO Members and stakeholders of relevant issues and also to support the development of the WCO Strategic Plan.
What is The WCO Customs Environmental Scan?
the criteria needed to determine the national source of a product is known as
What are rules of origin?
Who created and overseas Incoterms?
What is International Chamber of Commerce?
Failure to declare the correct the price to customs on an import will result in ?
What is a customs penalty?
The titles of Sections, Chapters and sub-Chapters are provided for ease of reference only; for legal purposes, classification shall be determined according to the terms of the headings and any relative Section or Chapter Notes and, provided such headings or Notes do not otherwise require, according to the following provisions is what rule?
What is rule # 1?
The WCO represents how many customs administrations around the world?
What is 184?
A rule that allows the exporter to disregard a very small percentage of non-originating materials that do no meet a tariff shift rule.
What is de minimis?