QUESTION 3 1. SAM's Sweater Imports is importing 100% wool knitted sweaters for men into Canada next winter for distribution to retail shops across the country. This product is considered "Articles of Apparel, knitted, wool" and the HS Code is 6110.11.90.50. (https://www.tariffinder.ca/en/getStarted).

Which of the following statements is/are correct: a. If imported from Mexico, the tariff will be 0% under the CUSMA rates b. If imported from Italy, the tariff will be 0% under the CETA rates c. If imported from India, the tariff will be 18% under the MFN rates d. All of the above are correct e. Only a. and b. are correct 1 points QUESTION 4 1. Which of the following government agencies provide logistical or financial assistance to Canadian businesses exporting their products to other countries? a. Canadian International Trade Tribunal. b. Export Development Canada. c. Canadian Trade Commissioner Service. d. All of the above. e. b. and c. only. 1 points QUESTION 5 1. You may use the Customs Tariff Finder ( https://www.tariffinder.ca/en/getStarted ) as a tool for the following question: If black tea packaged in individual serving bags and imported into Canada from the US has a 0% tariff in 2021 under the CUSMA, what is the tariff for black tea packaged in individual serving bags imported into Canada from India? 10% 5% 0% greater than 0% 1 points QUESTION 6 1. Which is not a function of the Canadian International Trade Tribunal? a. to hear appeals of decisions made under the Customs Act. b. to conduct inquiries into whether subsidized or dumped imports have caused or are threatening to cause material injury to a domestic industry. c. to assess the appropriate amount of tariff to apply to goods being imported into Canada. d. to conduct inquiries and provide advice on economic, trade, and tariff issues referred by the Ministry of Finance. 1 points QUESTION 7 1. The Harmonized Commodity Description and Coding System (HS System) is used to determine: a. the tariff classification of a good being imported into Canada. b. the origin of a good being imported into Canada. c. the tariff classification of a good being imported into the EU. d. the value of a good being imported into Canada. 1 points QUESTION 8 1. Which of the following is not true? a. A preferential tariff is a tariff rate that applies to imports from countries with which Canada has a trade agreement. b. Canada may apply tariff rates to imports from non-NAFTA countries similar to those extended to NAFTA members. c. The general preferential tariff, which is extended to developing countries, is higher than the most favoured nation tariff rate. d. The most favoured nations (MFN) tariff is the rate that applies to WTO members and the majority of Canada's trading partners. 1 points QUESTION 9 1. The Chilean raspberry scam involved: a. the evasion of duties that were meant for raspberries imported from China b. improper labelling of the raspberrries as organic c. falsification of export documents d. all of the above 1 points QUESTION 10 1. Which of the following statements about CUSMA are correct? a. Member countries remain free to favour their own domestic providers of goods and services. b. Member countries must treat providers of goods and services from other member countries the same way that they treat domestic providers. c. Businesspersons now have complete freedom to live and work in any member country. d. None of the above is correct. 1 points QUESTION 11 1. If New Zealand and Australia were to form a customs union, then they would each be setting and charging their own tariffs on imported leather goods from Italy. True False 1 points QUESTION 12 1. If there is a trade dispute between Canada and the US, the parties may choose to have the dispute resolved under the CUSMA process or under the WTO process: True False 1 points QUESTION 13 1. Under CUSMA, members must extent "area treatment" to imports from other member countries. This means that: a. member countries must impose export tariffs on goods going to other member countries. b. imports from other member countries are subject to the same tariffs as imports from WTO countries. c. imports from other member countries are subject to quotas. d. imports from a member country are subject to reduced tariffs or no tariffs. 1 points QUESTION 14 1. Under the CUSMA: US dairy is imported into Canada tariff free until a specified quantitative threshold is reached and any additional imported dairy is subject to a tariff. Canada is permitted to refuse all imported dairy. A dispute resolution panel has ruled that Canada may protect its dairy industry by imposing tariffs on all dairy imported from the US. Canada is required to accept all imports of US dairy without imposing any tariffs. 1 points QUESTION 15 1. Under NAFTA/CUSMA, each country retains its own anti-dumping and countervailing duty laws. True False 1 points QUESTION 16 1. Under the CUSMA, the Harmonized Commodity Description and Coding System (HS) is a basis for: a. determining country of origin. b. issuing export permits. c. determining anti-dumping duties. d. tariff classification. 1 points QUESTION 17 1. In order to qualify for area treatment under NAFTA/CUSMA, goods must be wholly obtained or produced in North America. True False 1 points QUESTION 18 1. AppleUS, an American apple juice manufacturer, has been selling its apple juice in Canada at a price that is significantly lower than it charges in the US. AppleCan, a Canadian apple juice manufacturer, has experienced a drop in profits and has complained to the Canadian government. Which of the following is correct? a. Canada may not impose an anti-dumping duty because both the US and Canada are members of a free trade area. b. Canada may only impose an anti-dumping duty if AppleCan's profit has been completely eliminated. c. Canada may only impose an anti-dumping duty if the dumped juice has contributed to AppleCan's loss of profits. d. AppleCan was eventually planning to move out of the juice business due to falling profits, so dumping cannot be claimed.

1 points QUESTION 19 1. Which of the following statements is/are correct? a. Rules of origin are used to define where a product is made. b. The origin of a good will determine whether it qualifies for MFN or other preferential treatment. c. There is at present no agreement among WTO members to provide for common harmonized rules of origin. d. All of the above are correct. e. Only a. and b. are correct. 1 points QUESTION 20 1. A free trade area is: a. a geographic area between two or more countries where there are no tariffs. b. two countries that have a common external tariff. c. a group of two or more countries in which import duties and other trade barriers are reduced or eliminated in accordance with a free trade agreement. d. a geographic area between two countries where tariffs are reduced but not necessarily eliminated. 1 points QUESTION 21 1. Emergency safeguards permit the use of quotas to temporarily restrict trade when a country's domestic market is experiencing hardship due to an increase in international competition as a result of open trade. True False 1 points QUESTION 22 1. The purpose of the WTO is to: a. commit member countries to principles of non-discrimination in trade and reciprocity concerning tariff and quota reductions. b. assist member nations in obtaining the relocation of industry to a country. c. force member nations to accept goods, services and intellectual property from all member nations. d. none of the above. 1 points QUESTION 23 1. Canadian maple syrup manufacturers are concerned that a sudden increase in maple syrup imported from the US will harm their business and ask the Canadian government to impose safeguard measures. This means that they may ask the Canadian government to: a. ban imports of maple syrup from the US. b. impose an anti-dumping duty on American maple syrup. c. impose temporary limits, such as a quota for all imported maple syrup. d. complain to the WTO. 1 points QUESTION 24 1. The WTO disapproves of dumping and subsidies, but they are not illegal. True False 1 points QUESTION 25 1. The European Union is best described as a: a. common market. b. bilateral trade agreement . c. customs union. d. free trade area. 1 points QUESTION 26 1. Commitments of the EU members include: a. the gradual abolition of border checks for people crossing national borders within the EU. b. the establishment of the "three pillars" concept. c. the "four freedoms of the single market". d. all of the above. 1 points QUESTION 27 1. Which of the following is true? a. Each EU country has its own external tariff on goods entering the country. b. Tariff rates applied to goods entering the EU are determined based on the type of good and the origin of the good. c. For the purpose of assessing the tariffs in the EU, the type of good will be determined using the same tariff classification system and the rest of the world's trading countries. d. All of the above are correct. 1 points QUESTION 28 1. What are the reasons for Brexit? a. To allow the UK to maintain control of its labour market. b. To allow the UK to reclaim decision-making power from EU institutions. c. To give the UK greater independence while maintaining a trading relationship with its EU partners. d. All of the above. 1 points QUESTION 29 1. A geographical indication is: a. special preferential treatment provided to exports from a developing country. b. a legal requirement that all cheese sold in the EU must be produced in the EU. c. a ban on imports of all goods from a particular country. d. a form of intellectual property protection that indicates the origin of a product, such as Irish Whiskey. 1 points QUESTION 30 1. A new free trade area was created under the African Continental Free Trade Area, and trade among participating countries began in 2021. True False 1 points QUESTION 31 1. Which of the following best describes the UK's current trading relationship with Canada? a. The UK and Canada have a free trade agreement. b. All goods imported into Canada from the UK receive MFN tariff treatment. c. The UK and Canada do not currently have a trading relationship. d. The UK has joined the CUSMA free trade area. 1 points QUESTION 32 1. One of the major goals of EU competition law is to preserve the single European market and to prevent its fragmentation into single-country markets. True False 1 points QUESTION 33 1. Google wants to create a new travel search and booking tool called Travelogia to compete with players like Expedia and Booking.com. When conducting a Google search for flight and vacation information, users will get to see Travelogia first in the list of travel and booking tools, thanks to Google's algorithms. Under competition law, particularly in the EU, this kind of activity by Google could be considered to be: a. price fixing. b. abuse of dominant position. c. concerted market behaviour. d. ingenious. 1 points QUESTION 34 1. Which of the following is a consequence of the December 2020 trade agreement between the UK and the EU? a. Professional qualifications obtained in the UK are automatically recognized in the EU. b. Goods imported from the EU to the UK are generally tariff-free. c. Goods imported from the EU to the UK are subject to the MFN tariff applied by the UK to WTO members. d. The UK is still covered under CETA. 1 points QUESTION 35 1. The UN Sustainable Development Goals are binding laws on all multinational businesses that are based in UN member countries. True False 1 points QUESTION 36 1. A treaty is a binding agreement between 2 or more states, whereas a convention is a binding agreement that has been sponsored by an international organization. True False 1 points QUESTION 37 1. Following World War 2, which of the following were created as the "Bretton Woods" Institutions? a. The United Nations, the UN Commission on International Trade Law, and the UN Conference on Trade and Development. b. The World Bank, the General Agreement on Tariffs and Trade (GATT), and the International Monetary Fund. c. The World Bank, the General Agreement of Tariffs and Trade (GATT), and the G8. d. The Organization for Economic Co-operation and Development, the World Bank, and the International Monetary Fund 1 points QUESTION 38 1. Which of the following describes the function of the United Nations Commission on International Trade Law (UNCITRAL)? a. It promotes the integration of developing countries into the world economy. b. It encourages member countries to focus on sustainable development. c. It facilitates the harmonization of laws affecting international trade. d. It provides financial assistance to countries with balance of payment problems. 1 points QUESTION 39 1. A dispute between a customer in India and a supplier in China involves: a. public international law. b. private domestic law. c. public domestic law. d. private international law. 1 points QUESTION 40 1. International treaties have no fixed termination date, but continue for an indefinite period of time. True False