A Customs Broker or Other Import Consultant Can Help an Importer

question 12

Multiple Choice

A customs broker or other import consultant can help an importer minimize import duties by ________.

• A)bypassing duty rebates available through drawback provisions
• B)incurring duties by using non-bonded warehouses and foreign trade zones
• C)maximizing liability by improperly marking an import's country of origin
• D)valuing products in such a way that they qualify for more favorable duty treatment

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Definitions:

Rational Risk Premia

The additional return required by investors for taking on additional risk in a rational and calculated manner.

Proprietary Wealth

Wealth that is owned and controlled by an individual or a company, often in the context of investments or intellectual property.

Market Rate of Return

The average rate of return expected by investors from a market or security index over a specific time period.

CAPM

Stands for the Capital Asset Pricing Model, a model that describes the relationship between the expected return of an asset and its risk.