Which factors can be used to calculate the duty on imported goods in international trade? (Select ALL that apply)

Which factors can be used to calculate the duty on imported goods in international trade? (Select ALL that apply)
A . The weight and dimensions of the goods
B . The value of the goods based on the invoice value
C . The country from which the goods are imported
D . The country’s currency used for payment
E . The type of goods based on the harmonized system of classification

View Answer

Answer: B, C, E

Explanation:

Duties on imported goods are calculated based on invoice value, country of origin, and type of goods (harmonized classification). Weight, dimensions, and currency are not primary factors. [P-134]