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C. Suppose you wanted to import zinc from Peru. The United States has a trade agreement with Peru: the Peru-United States Trade Promotion Agreement. Suppose
C. Suppose you wanted to import zinc from Peru. The United States has a trade agreement with Peru: the "Peru-United States Trade Promotion Agreement." Suppose you had a choice of how to classify your imports: either under code \"26080000: Zinc ores and concentrates" or "79070060: Zinc, articles." Would the choice of how to classify the imports matter? If so, when would you prefer to import under code "26080000: Zinc ores and concentrates" if the zinc is valued at $2.80/kg? (Hint: if the "Peru FTA Preference" in the database is "not eligible," then assume Peru pays the \"Normal Trade Relations'l tariff on the product). (5 points)
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