Question: QUESTION 21 The regional value test requires a maximum percentage of the value of material and direct processing be performed in the alleged country of

QUESTION 21

  1. The regional value test requires a maximum percentage of the value of material and direct processing be performed in the alleged country of Origin

    True

    False

1 points

QUESTION 22

  1. The European Union does not use the substantial transformation test, it prefers the wholly obtained test

    True

    False

1 points

QUESTION 23

  1. For U.S. imports the general rule is that every article imported must be legibly, indelibly and permanently marked in English and conspicuously placed for the ultimate purchaser to see.

    True

    False

1 points

QUESTION 24

  1. The Federal Trade Commission competes with the Customs Bureau for control over some specified articles that deal with the made in the U.S.A. designation.

    True

    False

1 points

QUESTION 25

  1. A drawback is a refund of duties already paid on exported goods that are re-imported

    True

    False

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