Question: Need help with these quick problems Which best describes Leased Cargo Air freight service? A. Leased space on aricraft B. Leased cargo travelling on aircraft

Need help with these quick problems

Which best describes Leased Cargo Air freight service?

A.

Leased space on aricraft

B.

Leased cargo travelling on aircraft

C.

Cargo travelling on leased aricraft

D.

Cargo that is purchased and leased

Which is not a reason for pre-shipment inspections?

A.

To perform inspections at theimporter's port of entry

B.

Obtain opinion on the classification & value of goods

C.

Ensure exporters are shipping the correct product & quantity

D.

To guard against potential corruption

Which are the three main criteria that determine duty?

A.

Type of good, country and import quota

B.

Type of good, country and quantity

C.

Type of good, country and value

D.

Type of good, country and tariff rate

Which of the following is not an example of a non-tariff barier?

A.

Implementing slow customs inspections

B.

Quotas

C.

Enforcing national standards

D.

Value-added tax

Which of the following is not characteristic of Foreign Trade Zones?

A.

Include ports

B.

Are locations within ahost country that are considered outside of the country

C.

Locations that are free from host country legal restrcitions

D.

Locations that do not require duties and quotas

A negative direct consequence of product dumping is

A.

Selling the product below the historically accepted value

B.

Injury to competitors in the importing country

C.

Improving profits for the exporter

D.

Undervaluation of the product in the market

According to the WTO, the country of origin of a good is defined as

A.

The country where the product is shipped from

B.

The country where the product was created

C.

The country where the product's exporter resides

D.

The country where substantial product transformation was made

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