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Explain the following questions: 1. The differences of price quotations between FOB and CIF.(5 marks) 2. B/Landitsmainfunctions. (7marks)3. List 4 major documents during customs declaration

Explain the following questions:

1. The differences of price quotations between FOB and CIF.(5 marks) 2. B/Landitsmainfunctions. (7marks)3. List 4 major documents during customs declaration process. (6 marks)4. What methods do customs use to value import and export goods for customs tariff or taxes purposes?

image text in transcribed I. Explain the following questions (Total 25 marks) 1. The differences of price quotations between FOB and CIF. (5 marks) 2. B/L and its main functions. (7 marks) 3. List 4 major documents during customs declaration process. (6 marks) 4. What methods do customs use to value import and export goods for customs tariff or taxes purposes? (7 marks)

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