What is the primary purpose of the Harmonized System?

Understanding HS and AHTN Rules

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University
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Ruth Balajadia
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23 questions
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1.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
To establish trade agreements between countries.
To set tariffs on imported goods.
To classify traded products for international trade.
To regulate international shipping routes.
2.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
How are goods classified under the Harmonized System?
Goods are classified using a random numbering system.
Goods are classified based on their color and size.
Goods are classified solely by their country of origin.
Goods are classified using a hierarchical code system consisting of chapters, headings, and subheadings.
3.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
What are the General Rules of Interpretation (GRI)?
The General Rules of Interpretation (GRI) are a set of six rules used to classify goods under the Harmonized System for customs purposes.
A framework for determining export quotas.
A set of guidelines for international trade agreements.
A collection of tariffs imposed on imported goods.
4.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
How does GRI Rule 3 assist in classification disputes?
GRI Rule 3 only applies to international trade agreements.
GRI Rule 3 eliminates all classification disputes entirely.
GRI Rule 3 helps resolve classification disputes by prioritizing the most specific heading for goods.
GRI Rule 3 mandates the use of the least specific heading for goods.
5.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
What is the role of the AHTN in the Harmonized System?
The AHTN is a customs procedure for ASEAN countries.
The AHTN is a financial regulation for ASEAN banks.
The AHTN is a trade agreement between ASEAN and the EU.
The AHTN standardizes tariff classification for trade among ASEAN countries, aligning with the Harmonized System.
6.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
How does the Harmonized System facilitate international trade?
It increases tariffs on all goods.
It eliminates all customs regulations.
It restricts trade to only certain countries.
The Harmonized System facilitates international trade by standardizing product classification, simplifying customs processes, and ensuring accurate tariff application.
7.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
What is the difference between a heading and a subheading in the HS?
A heading is a broad category; a subheading is a specific classification within that category.
A heading is a specific classification; a subheading is a broad category.
Headings and subheadings are interchangeable terms with no difference.
Headings are only used in titles; subheadings are not used at all.
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