Customs and logistics
Customs and logistics
4
Lessons
141
Questions
Sample Flashcards from This Course
Here's a preview of what you'll learn:
Q1: 🌍 A company in Japan wants to send electronics to Australia. The goods leave Japan and enter Australia. From Australia's perspective, is this an import or export?
A: import
Q2: 📦 You're shipping goods worth $1,000. The freight costs $200 and insurance is $50. The duty rate is 5%. What is the customs duty amount you'll pay?
A. $50.00
B. $62.50
C. $55.00
D. $60.00
E. $52.50
A: B
Q3: 🔍 A customs officer needs to verify what type of product is being imported to determine the correct duty rate and whether any special licenses are required. Which document provides this classification?
A. Certificate of Origin
B. HS Code on the commercial invoice
C. Bill of Lading
D. Packing List
E. Import License
A: B
Q4: ✈️ Medical supplies are being shipped urgently from Germany to Kenya. The goods are described as 'COVID-19 test kits.' Complete this customs declaration: The HS code must be verified to determine if the goods qualify for {{1}} processing and whether they are eligible for {{2}} duties as emergency medical supplies.
A: ["expedited", "reduced"]
Q5: 💰 A seller in China quotes a price of $5,000 under 'FOB Shanghai' terms. The buyer in the United States arranges sea freight for $800 and insurance for $100. When the goods arrive in Los Angeles, who is responsible for paying the import customs duties?
A. The Chinese seller
B. The shipping company
C. The customs broker
D. The US buyer
E. Split equally between buyer and seller
A: D
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Lessons
Lesson 1
Lesson 1: Introduction to Customs and Logistics
Learn the fundamental concepts of customs procedures and logistics operations, including key term...
45 questions
Lesson 2
Lesson 2: Import Documentation and Classification Systems
Understanding essential import documents, HS codes, and product classification for international ...
34 questions
Lesson 3
Lesson 3: Valuation Methods and Duty Calculation
Understanding customs valuation principles, duty calculation methods, and tariff applications for...
36 questions
Lesson 4
Lesson 4: Trade Compliance and Regulatory Requirements
Understanding customs compliance frameworks, trade regulations, and risk management in internatio...
26 questions