The U.S. Uses a Harmonized Tariff Schedule That

question 140

Multiple Choice

The U.S. uses a Harmonized Tariff Schedule that:

• A) completed a 25-year formal governmental transfer from specific to ad valorem tariffs on all products
• B) adopted the GATT tariff schedules set forth by the Community of Nations Accord signed in Paris in 1982
• C) bring U.S. tariffs in line with tariffs imposed on goods imported into foreign trade zones and duty-free ports
• D) provide for specific exemptions from WTO tariff schedules
• E) none of the other choices

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