To generate revenue for the government

To protect domestic industries from foreign competition

To regulate the flow of goods across borders

To promote international trade

Ad valorem and specific duties

Import and export duties

Preferential and non-preferential duties

Temporary and permanent duties

Import duties are levied on goods entering a country, while export duties are levied on goods leaving a country

Import duties are generally higher than export duties

Export duties are more common in developing countries, while import duties are more common in developed countries

Import duties are used to protect domestic industries, while export duties are used to promote international trade

Duties that are lower than the general rate of duty

Duties that are granted to certain countries or groups of countries

Duties that are applied to specific products

Duties that are imposed on a temporary basis

The value of the product

The quantity of the product

The country of origin of the product

The purpose of the product

An international system for classifying goods for customs purposes

A system for classifying goods for statistical purposes

A system for classifying goods for tax purposes

A system for classifying goods for trade purposes

To ensure that goods are classified consistently across countries

To facilitate the collection of customs duties

To promote international trade

All of the above

21

22

23

24

A chapter is a broader category of goods, while a heading is a more specific category of goods

A chapter is a higher level of classification, while a heading is a lower level of classification

A chapter is a group of headings, while a heading is a group of subheadings

All of the above

A heading is a broader category of goods, while a subheading is a more specific category of goods

A heading is a higher level of classification, while a subheading is a lower level of classification

A heading is a group of subheadings, while a subheading is a group of tariff lines

All of the above

A specific description of a good for customs purposes

A code that is used to identify a good for customs purposes

A rate of duty that is applied to a good

All of the above

An MFN duty rate is the lowest rate of duty that a country can apply to goods from another country

A preferential duty rate is a lower rate of duty that is granted to certain countries or groups of countries

An MFN duty rate is typically higher than a preferential duty rate

All of the above

A temporary duty is a duty that is applied for a limited period of time

A permanent duty is a duty that is applied indefinitely

A temporary duty is typically higher than a permanent duty

All of the above

A refund of customs duties that is paid on imported goods that are subsequently exported

A reduction in the rate of customs duty that is applied to certain goods

An exemption from customs duties for certain goods

All of the above

A warehouse where imported goods can be stored without paying customs duties

A warehouse where goods can be stored for a limited period of time without paying customs duties

A warehouse where goods can be stored indefinitely without paying customs duties

All of the above