To facilitate international trade by providing a standardized system for classifying goods.

To impose tariffs and duties on imported goods.

To regulate the movement of goods across borders.

To collect statistical data on traded goods.

World Trade Organization (WTO)

United Nations Conference on Trade and Development (UNCTAD)

World Customs Organization (WCO)

International Monetary Fund (IMF)

21

27

32

97

Tariff line

Heading

Subheading

Chapter

By their physical characteristics

By their intended use

By their country of origin

By their value

To provide guidance on the interpretation of the Harmonized System.

To list the countries that have adopted the Harmonized System.

To provide information on the tariffs and duties applicable to different goods.

To provide statistical data on traded goods.

Headings are more specific than subheadings.

Subheadings are more specific than headings.

Headings and subheadings are equally specific.

Headings and subheadings are not related.

To identify the country of origin of goods.

To classify goods for statistical purposes.

To determine the tariffs and duties applicable to goods.

To facilitate the movement of goods across borders.

United States

Japan

Canada

Belgium

Over 200

Over 150

Over 100

Over 50

To review and update the Harmonized System.

To provide guidance on the interpretation of the Harmonized System.

To resolve disputes related to the classification of goods.

To collect statistical data on traded goods.

Every year

Every two years

Every five years

Every ten years

It facilitates international trade by providing a common language for classifying goods.

It increases the cost of international trade by imposing tariffs and duties on goods.

It restricts international trade by limiting the types of goods that can be traded.

It has no impact on international trade.

It reduces the cost of international trade by simplifying customs procedures.

It provides businesses with a clear understanding of the tariffs and duties applicable to their goods.

It helps businesses to identify potential markets for their goods.

All of the above.

The Harmonized System is too complex and difficult to understand.

The Harmonized System is not updated frequently enough to keep up with changes in technology and trade patterns.

The Harmonized System is not universally adopted, which can lead to inconsistencies in the classification of goods.

All of the above.