Question 1

Goods may be refused entry into the U.S. by the Bureau of Customs and Border Protection due to:

	a.	Quarantine to protect the public health.
	b.	Embargoed country of origin.
	c.	Lack of a commercial invoice.
	d.	All of the above.

Question 2

The signing of the Treaty of Paris by the original six members of the European Community established which of the following:

	a.	The Single European Act.
	b.	European Coal & Steel Community.
	c.	European Atomic Energy Commission.
	d.	GATT.

3. Regarding Thailand's importation of cigarettes:

	a.	The U.S. was not allowing Thailand to import enough U.S. cigarettes to meet demand.
	b.	Thailand's licensing system for cigarettes was needed to protect its domestic industries.
	c.	It was found that cigarettes made in the U.S. could not meet Thailand's standards.
	d.	Thailand's licensing system for cigarettes was not justified.

4. Regarding trade in services under NAFTA:

	a.	No NAFTA country can require a North American service provider to have a residence or office within its border.
	b.	The most important impact of NAFTA's financial services provisions is that they open Mexican financial service industries to investment by Canada and the United States.
	c.	NAFTA does not affect regulations applied to purely domestic truck or bus transportation.
	d.	NAFTA eliminated all tariffs on telephones, cellular phones, and trade in communications equipment in 2004.
	e.	All of the above are correct.

Question 5

A law or regulation affecting a product's characteristics that must be met before a product can enter a country is a:

	a.	Technical regulation.
	b.	Product limitation.
	c.	Government procurement law.
	d.	Product standard.

6. U.S. Customs regulations specify many articles that are exempt from marking requirements. Some of these are:

	a.	Eggs, flowers, nuts, and bolts.
	b.	Products that cannot be marked without injury.
	c.	Products originating in Canada or Mexico.
	d.	A, B, and C.
	e.	A and B only.

7. The Tokyo Round was successful in reducing trade obstacles.

	a.	None of the above
	b.	Kyoto Protocol
	c.	Cut tariffs to an average to 5%
	d.	Lowered the ad valorem tariffs approximately 35%

8.Country-of-origin information impacts all of the following except:

	a.	The rate of duty on an import.
	b.	The tariff classification of the article.
	c.	The applicability of a countervailing duty.
	d.	The applicability of a quota.

Question 9

Which of the following is not true regarding WTO dispute settlement procedures?

	a.	A complaining party can request consultations to seek a solution.
	b.	Even if a solution is not reached, the panel has no authority to authorize trade sanctions.
	c.	Other member nations with a "substantial interest" in the case may make written submissions and oral arguments before the panel.
	d.	An appellate body of three people will hear appeals from a panel case.
	e.	All of the above are untrue.

Question 10

An argument that was used in support of NAFTA's passage in the U.S. was that:

	a.	U.S. shipments to Mexico faced tariffs two-and-a-half times the average U.S. rates.
	b.	The cultures of all three countries would not be affected by NAFTA.
	c.	Lower wages in Mexico would lead to more jobs being created in Mexico.
	d.	Tougher environmental laws in Mexico would eventually be applied to all three countries.

Question 11

Judicial review of a protest of entry is heard in which of the following courts:

	a.	Federal Trade Court.
	b.	Court of International Trade.
	c.	Circuit Court of Customs Appeals.
	d.	All of the above depending on the level of review.

Question 12

An example of a sectoral issue is:

	a.	A dispute regarding quotas.
	b.	A dispute regarding the tariffs on a product.
	c.	An issue concerning a particular area of the economy.
	d.	An issue concerning the environmental effects of a product.

Question 13

Dutiable assists generally include all but which of the following:

	a.	Raw materials provided by the importer and used in the foreign production of the imported goods.
	b.	Tools, dies, and molds provided by the importer to the foreign manufacturer of imported goods.
	c.	Engineering, development. and artwork performed by a foreign firm.
	d.	All of the above are dutiable assists.

Question 14

ISO 14000 refers to:

	a.	Standards used for assuring product quality through design and manufacturing process.
	b.	A trade agreement between the U.S. and EU designed to reduce barriers to trade.
	c.	Guidelines in environmental management and labeling.
	d.	European Union import regulations.

Question 15

The principle that limits restrictions on trade to the lowest level possible to achieve the goals for which they are imposed is:

	a.	Fair trade principle.
	b.	Principle of nominal trade barriers.
	c.	Principle of least-restrictive trade.
	d.	Trade barrier limitation principle.

Question 16

The Fair Trade Commission:

	a.	Was created by NAFTA to help promote fair trade.
	b.	Will be phased out over the next ten years.
	c.	Is a law-making body that was formed by NAFTA.
	d.	Attempts to settle disputes that arise over NAFTA.

Question 17

Which of the following is an example of a specific or flat tariff?

	a.	a 15% tariff on the value of a shipment of t-shirts
	b.	a $10 tariff on each barrel of petroleum
	c.	a 20% discount on the value of peaches delivered in October, November, or December
	d.	None of the above

Question 18

Which of the following statements is true regarding trade in agriculture?

	a.	Most countries impose strict restrictions on both raw and processed food products.
	b.	The United States exports almost 50 percent of its agricultural production.
	c.	In general, governments let agricultural markets operate on the free trade principle.
	d.	Nations do not mind being reliant on other countries for their food supply.

Question 19

Which of the following arguments was not raised in opposition to NAFTA?

	a.	By creating a regional trading block, NAFTA would strengthen GATT's global trade liberalization achievements.
	b.	NAFTA would permit firms to take advantage of weaker environmental laws and low cost labor by locating plants in Mexico.
	c.	NAFTA would allow U.S. products and advertising to weaken the distinctive cultures and traditions of Canada and Mexico.
	d.	NAFTA would cause Mexican companies to suffer in competition against larger and better capitalized U.S. and Canadian firms.
	e.	None of the above.

Question 20

All of the following indicate that a product has been substantially transformed except:

	a.	the product has been advanced in value.
	b.	the product underwent a change in tariff classification.
	c.	the product has a new name, character or use.
	d.	the product has been manufactured in one country and shipped to an intermediary country before coming to the U.S.