Question: uestion 1 ( 1 point ) What are the three tariff treatments under USMCA, formally North American Free Trade Agreement ( NAFTA ) ? Question
uestion point
What are the three tariff treatments under USMCA, formally North American Free Trade Agreement NAFTA
Question options:
Mexico, Canada & South America tariff treatment
Canada, United States & Mexico
United States, Mexico & MexicoUS tariff treatment
US MexicoUS & Alaska tariff treatment
Question point
What is the Area Control List?
Question options:
List of domestic restricted companies.
A list of goods to control imports.
List of international country business partners which you can freely do business with.
The Area Control List is a list of countries for which export permits are required.
Question point
What is the Convention on International Trade in Endangered Species of Wild Fauna and Flora CITES
Question options:
CITES works with ophthalmologist to improve the vision of animals who may be threaten by wild plants.
CITES aims to protect governments from wild animals and plants.
CITES is a regionallocal government program.
CITES is an international agreement between governments whose aim is to ensure that international trade in specimens of wild animals and plants does not threaten their survival.
Question point
A NAFTA certificate of origin must be provided to CBSA at the time a release request is made.
Question options:
True
False
Question point
The Governor General of Canada is responsible for negotiating Canada's trade agreements, such as the North American Free Trade Agreement.
Question options:
True
False
Question point
A is required for shipments from countries that are entitled to a reduced rate of duty under the General Preferential Tariff.
Question options:
NAFTA Verification of Origin Questionnaire
Canada Customs Coding Form
Certificate of Origin, Form A or an Exporter's Statement of Origin
United States Canada Transit Manifest
Canada Customs Invoice
Question point
Which type of import permit requires an application by the importer?
Question options:
Multiduplex permits, issue by Ontario Services.
Certificate of Origin.
Commercial export permit.
Individual import permits require an application by the importer.
Question point
A tariff rate quota TRQ is best described as
Question options:
Always on agricultural goods only.
Consumers received a government rebate when a TRQ is applied?
TRQs are only imposed during agricultural season only?
A limitation on the quantity of goods that are entitled entry into Canada during a specific period and generally applies to agricultural goods. Typically to gain a lower rate of duty; those above the quota are subject to a higher, often prohibitive, rate of duty.
Question point
Which government department administers the Export and Import Permits Act EIPA
Question options:
Global Affairs Canada GAC
Governor General of Canada OSGG
Canadian International Trade Tribunal CITT
Canada Border Services Agency CBSA
Canadian Commercial Corporation CCC
Question point
In order to import fresh fruit and vegetables into Canada, the Canadian importer must be licensed with the Canadian Food Inspection Agency CFIA
Question options:
True
False
Step by Step Solution
There are 3 Steps involved in it
1 Expert Approved Answer
Step: 1 Unlock
Question Has Been Solved by an Expert!
Get step-by-step solutions from verified subject matter experts
Step: 2 Unlock
Step: 3 Unlock
