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COMPREHENSIVE SPECIAL TRADE A set of laws and regulations aimed at maintaining a

“Dumping occurs when foreign producers sell their fair degree of competition by eliminating restrictive
products to an importer in the domestic market at business practices of private enterprise.
______ than in their own national markets” Select one:
Select one: a. Competition Policies
a. prices lower or higher b. Restrictive Laws
b. none of these c. The Law of Monopolies
c. prices lower d. Competition Laws
d. prices higher Clear my choice
Clear my choice Question 6
Question 2 Answer saved
Answer saved Marked out of 1.00
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Not flaggedFlag question Question text
Question text A subsidy available only to an enterprise or industry
“Price suppression” exists when the allegedly or group of enterprises or industries within the
subsidized product prevents the domestic producer jurisdiction of the authority granting the subsidy.
from _________ to a level that would allow full Select one:
recovery of its cost of production. a. Prohibited subsidy
Select one: b. Specific subsidy
a. increasing its production c. Actionable subsidy
b. reducing its production d. Non-actionable subsidy
c. increasing its selling price Clear my choice
d. reducing its selling price Question 7
Clear my choice Answer saved
Question 3 Marked out of 1.00
Answer saved Not flaggedFlag question
Marked out of 1.00 Question text
Not flaggedFlag question An affirmative preliminary determination of
Question text dumping/subsidization by DTI-BIS or DA will cause
A major element that needs to be established in a imposition of:
special safeguard investigation is _________. Select one:
Select one: a. provisional anti-dumping/countervailing bond
a. subsidization b. additional duty
b. material injury c. quantitative restrictions
c. volume of imports exceeding or base trigger level d. definitive anti-dumping/countervailing duty
d. serious injury Clear my choice
Clear my choice Question 8
Question 4 Answer saved
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Not flaggedFlag question Question text
Question text An importer who is dissatisfied with a decision of the
A set of laws and regulations aimed at maintaining a Commissioner pertaining to compulsory acquisition
fair degree of competition by eliminating restrictive may, within ____________ after the date on which
business practices of private enterprise. notice of the decision is given, appeal to the Secretary
Select one: of Finance.
a. Restrictive Laws Select one:
b. Competition Policies a. 15 days
c. Competition Laws b. 10 working days
d. The Law of Monopolies c. 20 days
Clear my choice d. 20 working days
Question 5 Clear my choice
Answer saved Question 9
Marked out of 1.00 Answer saved
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Question text Not flaggedFlag question
Question text
An importing country cannot apply an anti-dumping c. More than 50% of the total production of the
measure to a protest if the dumping margin is: domestic industry
Select one: d. More than 50% of the total production of the
a. Less than 1% of the export price domestic producers who oppose it and of the total
b. Less than 2% of the normal value production of the domestic industry
c. Equal to or less than 1% of the export price for Clear my choice
developing countries and 25 for developed countries Question 13
d. Less than 2% of the export price Answer saved
Clear my choice Marked out of 1.00
Question 10 Not flaggedFlag question
Answer saved Question text
Marked out of 1.00 Anti-dumping investigations may be terminated if
Not flaggedFlag question volume of dumped imports from exporting country/ies
Question text is “de minimis” which means imports of like product
An importing country cannot apply an anti-dumping to total importation is:
measure to a protest if the dumping margin is: Select one:
Select one: a. more than 7%
a. Equal to or less than 1% of the export price for b. less than 5%
developing countries and 25 for developed countries c. less than 3%
b. Less than 2% of the normal value d. less than 2%
c. Less than 2% of the export price Clear my choice
d. Less than 1% of the export price Question 14
Anti- dumping investigations are normally initiated Answer saved
upon a written application (protest) by, or on behalf Marked out of 1.00
of, the domestic industry. Pursuant to Republic Act Not flaggedFlag question
No. 8752, an application is considered to be made by, Question text
or on behalf of, the domestic industry if the total Anti-dumping measures shall expire five years after
production of the domestic producers who support the date of imposition, unless a determination is
the application is / made that, in the event of termination of the
Select one: measures___________.
a. More than 50% of the total production of the Select one:
domestic producers who oppose it and of the total a. injury would be likely to continue
production of the domestic industry b. dumping will recur
b. More than 50% of the total production of the c. dumping continue
domestic industry d. all of the choices
c. Higher than the total production of the domestic Clear my choice
producers who oppose it Question 15
d. Higher than the total production of the domestic Answer saved
producers who oppose it and not less than 25% of Marked out of 1.00
the total production of the domestic industry Not flaggedFlag question
Clear my choice Question text
Question 12 Are there any limitation on the application of general
Answer saved safeguard measure?
Marked out of 1.00 Select one:
Not flaggedFlag question a. Yes
Question text b. I don’t know
Anti- dumping investigations are normally initiated c. Maybe
upon a written application (protest) by, or on behalf d. No
of, the domestic industry. Pursuant to Republic Act Clear my choice
No. 8752, an application is considered to be made by, Question 16
or on behalf of, the domestic industry if the total Answer saved
production of the domestic producers who support Marked out of 1.00
the application is / Not flaggedFlag question
Select one: Question text
a. Higher than the total production of the domestic Article VI of the GATT provides for the right of
producers who oppose it and not less than 25% of contracting parties to?
the total production of the domestic industry Select one:
b. Higher than the total production of the domestic a. apply countervailing measures
producers who oppose it b. all of the choices
c. apply anti-dumping measures Does the Philippines have to pay compensation to
d. safeguard measures apply a general safeguard measure?
Clear my choice Select one:
Question 17 a. I don’t know
Answer saved b. Yes, the Philippines in apply safeguard measure,
Marked out of 1.00 must generally pay for them through compensation
Not flaggedFlag question which is substantially the equivalent level of
Question text concessions and other obligations with respect to
At least one year should have elapsed since the affected exporting WTO members.
imposition of the countervailing duty before this c. No, the Philippines has no obligation to compensate
review can be made. the affected exporting WTO members.
Select one: d. Maybe.
a. Sunset Review Clear my choice
b. Monitoring Review Question 22
c. None of the choices Answer saved
d. Newcomer review Marked out of 1.00
Clear my choice Not flaggedFlag question
Question 18 Question text
Answer saved Emergency Action on Imports of Particular Products is
Marked out of 1.00 found under?
Not flaggedFlag question Select one:
Question text a. GATT Article VII
Before making the final determination the Tariff b. GATT Article XIX
Commission is required to disclose to the integrated c. GATT Article VI
parties the essential facts the decision is based. This d. GATT Article IX
is known as ______. Clear my choice
Select one: Question 23
a. none of the above Answer saved
b. equity and fairness Marked out of 1.00
c. transparency Not flaggedFlag question
d. disclosure of essential facts Question text
Clear my choice Emergency Action on Imports of Particular Products is
Question 19 found under?
Answer saved Select one:
Marked out of 1.00 a. GATT Article IX
Not flaggedFlag question b. GATT Article VII
Question text c. GATT Article VI
Before making the final determination the Tariff d. GATT Article XIX
Commission is required to disclose to the integrated Clear my choice
parties the essential facts the decision is based. This Question 24
is known as ______. Answer saved
Select one: Marked out of 1.00
a. disclosure of essential facts Not flaggedFlag question
b. transparency Question text
c. none of the above Formal investigation on dumping cases of the Tariff
d. equity and fairness Commission shall be for a period of:
Clear my choice Select one:
Question 20 a. within 150 days from receipt of referral by the
Answer saved Secretary
Marked out of 1.00 b. within 90 days from receipt of referral by the
Not flaggedFlag question Secretary
Question text c. within 120 days from receipt of referral by the
Definitive safeguard measure may take in the form Secretary
of? d. within 100 days from receipt of referral by the
Select one: Secretary
a. Imposition of tariff-rate quota on the product Clear my choice
b. Imposition of quantitative restriction Question 25
c. Any of the choices Answer saved
d. Increased duty on the imported product Marked out of 1.00
Not flaggedFlag question Marked out of 1.00
Question text Not flaggedFlag question
From the receipt of the endorsement from the Question text
secretary of DTI or DA, the Commission shall conduct If there is a affirmative finding upon the conduct of
its investigation and submit its finding to the preliminary determination, the secretary of DTI or DA
secretary on: shall?
Select one: Select one:
a. None of the choices a. Terminate the investigation
b. Whether or not terminate the investigation b. Issue department order for the imposition of
c. Whether or not to impose definitive a definite provisional measure
safeguard measure c. Forward the records of the case to the Tariff
d. Whether or not release the bond Commission
Clear my choice d. Any of the choices
Question 26 Clear my choice
Answer saved Question 30
Marked out of 1.00 Answer saved
Not flaggedFlag question Marked out of 1.00
Question text Not flaggedFlag question
Generally, the duration of a measure should not Question text
exceed four years though this could be extended up If upon the conduct of preliminary investigation a
to a _________years, subject to confirmation of prima facie evidence is established the secretary of
continued necessity by the competent national DA or DTI shall?
authorities and if there is evidence that the industry is Select one:
adjusting. a. Distribute questionnaire to all concerned parties
Select one: b. All of the choices
a. 12 years c. Notify all interested parties
b. 10 years d. Notify the government of the exporting country
c. 6 years If, at the time of importation any good or its
d. 8 years container is not marked in accordance with the
Clear my choice requirements there shall be levied, collected, and paid
Question 27 upon such good a marking duty of?
Answer saved Select one:
Marked out of 1.00 a. ten percent (10%) of dutiable value
Not flaggedFlag question b. twenty percent (20%) of dutiable value
Question text c. five percent (5%) of dutiable value
If the imported is still dissatisfied to the decision of d. six percent (6%) of dutiable value
Secretary of finance he may appeal to the? Clear my choice
Select one: Question 32
a. Court of Tax Appeals en banc Answer saved
b. Court of Tax Appeals Marked out of 1.00
c. Supreme Court Not flaggedFlag question
d. Court of Appeals Question text
Clear my choice In case of affirmative determination by the
Question 28 commission, the secretary upon report of the
Answer saved commission shall?
Marked out of 1.00 Select one:
Not flaggedFlag question a. Issue a department order to impose definitive
Question text safeguard measure
If the normal value is Php100,000.00, export price is b. Advise the applicant or petitioner to file motion for
Php 60,000.00 and the dutiable value is P 110,000.00, new investigation
what will be the margin of dumping? c. Issue a department order to terminate of the case
Select one: and to release the cash bond previously collected
a. Php 4,000.00 d. None of the choices
b. Php 40,000.00 Clear my choice
c. Php 10,000.00 Question 33
d. Php 50,000.00 Answer saved
Clear my choice Marked out of 1.00
Question 29 Not flaggedFlag question
Answer saved Question text
In case of negative determination by the commission, Marked out of 1.00
the secretary shall? Not flaggedFlag question
Select one: Question text
a. Issue a department order to terminate of the case In order to protect government revenues against
and to release the cash bond previously collected undervaluation of goods, the Commissioner may,
b. Advise the applicant or petitioner to file motion for motu proprio or upon the recommendation of the
new investigation District Collector, acquire imported goods under
c. None of the choices question. What does the term motu prorio means?
d. Issue a department order to impose definitive Select one:
safeguard measure a. none of the choices
Clear my choice b. Its own management
Question 34 c. The thing speaks for itself
Answer saved d. On its own motion
Marked out of 1.00 Clear my choice
Not flaggedFlag question Question 38
Question text Answer saved
In case of negative finding upon the conduct of Marked out of 1.00
preliminary investigation the secretary of DTI or DA Not flaggedFlag question
shall? Question text
Select one: In order to protect government revenues against
a. Forward the records of the case to the Tariff undervaluation of goods, the Commissioner may,
Commission motu proprio or upon the recommendation of the
b. Issue department order for the imposition of District Collector, acquire imported goods under
provisional measure question for a price equal to?
c. Terminate the investigation Select one:
d. Any of the choices a. declared customs value
Clear my choice b. declared customs value plus any duties paid
Question 35 c. Assessed customs Value plus any duties paid
Answer saved d. Assessed customs Value
Marked out of 1.00 Clear my choice
Not flaggedFlag question Question 39
Question text Answer saved
In determining injury in ant-dumping, one of the Marked out of 1.00
factors is that domestic industry is producing the like Not flaggedFlag question
article in quantities sufficient to supply at least Question text
______of local consumption. In the event of critical circumstances, a provisional
Select one: safeguard measure may be imposed based upon a
a. 3 % preliminary determination of serious injury. The
b. 2 % duration of such a provisional measure would not
c. 10 % exceed _____________.
d. 5 % Select one:
Clear my choice a. 180 days
Question 36 b. 150 days
Answer saved c. 120 days
Marked out of 1.00 d. 200 days
Not flaggedFlag question Clear my choice
Question text Question 40
In order to offset or prevent dumping, a contracting Answer saved
party may levy on any dumped product an anti- Marked out of 1.00
dumping duty not greater in amount than the - Not flaggedFlag question
__________ in respect of such product Question text
Select one: In the preliminary determination of general safeguard
a. Export price measure if it is found out that there is no prima facie
b. domestic price evidence, the application is?
c. Normal value of the goods Select one:
d. margin of dumping a. Rejected
Clear my choice b. Continued
Question 37 c. Depends upon the decision of the secretary
Answer saved d. Postponed
Clear my choice Marked out of 1.00
Is R.A. 8800 aligned with the WTO agreement? Not flaggedFlag question
Select one: Question text
a. The national legislation does not conform with the It is a special duty levied, in addition to the regular
agreement. duty and other charges, by an importing country on
b. None of the choices its imports which have been found to be subsidized in
c. No, the agreement does not allow imposition of the country of exportation is called ___________.
safeguard. Select one:
d. The national legislation conforms with the a. Countervailing duty
agreement except the provision for quantitative b. Safeguard duty
restriction. c. Preferential rate of duty
Clear my choice d. Dumping duty
Question 42 Clear my choice
Answer saved Question 46
Marked out of 1.00 Answer saved
Not flaggedFlag question Marked out of 1.00
Question text Not flaggedFlag question
It is a government agency, in the case of agricultural Question text
products, that conducts preliminary investigation to It is a special duty levied, in addition to the regular
determine whether or not provisional measures may duty and other charges, by an importing country on
be imposed. its imports which have been found to be subsidized in
Select one: the country of exportation is called ___________.
a. Bureau of Customs Select one:
b. Tariff Commission a. Countervailing duty
c. None of the choices b. Preferential rate of duty
Clear my choice c. Safeguard duty
Question 43 d. Dumping duty
Answer saved Clear my choice
Marked out of 1.00 Question 47
Not flaggedFlag question Answer saved
Question text Marked out of 1.00
It is a government agency, in the case of agricultural Not flaggedFlag question
products, that conducts preliminary investigation to Question text
determine whether or not provisional measures may It is a subsidy which is specific, i.e., explicitly limited
be imposed. to an enterprise of group of enterprises, industry
Select one: sector or group of industries, or designated
a. None of the choices geographic region or within the jurisdiction of
b. Bureau of Customs granting authority.
c. Department of Trade and Industry – Bureau of Select one:
Import Services a. Countervailable Subsidy
d. Tariff Commission b. All of the choices
Clear my choice c. Actionable Subsidy
Question 44 d. Yellow Subsidy
Answer saved Clear my choice
Marked out of 1.00 Question 48
Not flaggedFlag question Answer saved
Question text Marked out of 1.00
It is a special duty levied for the purpose of offsetting Not flaggedFlag question
any bounty or subsidy bestowed, directly, or Question text
indirectly, upon the manufacture, production or It is a voluntary commitment by the exporter to
export of any merchandise. increase the price or to cease exporting to the
Select one: Philippines at a dumped price is called .
a. safeguard duty Select one:
b. marking duty a. price commitment
c. countervailing duty b. price undertaking
d. dumping duty c. none of these
Clear my choice d. bared price
Question 45 Clear my choice
Answer saved Question 49
Answer saved It is imposed against importation of agricultural
Marked out of 1.00 products whose quantitative import restrictions were
Not flaggedFlag question tariffied into ordinary customs duties and agricultural
Question text products designated with the symbol SSG in the GATT
It is a voluntary commitment by the exporter to schedule of concession.
increase the price or to cease exporting to the Select one:
Philippines at a dumped price is called . a. Special safeguard measure
Select one: b. General safeguard measure
a. bared price c. Anti-dumping measure
b. price commitment d. Countervailing measure
c. price undertaking Clear my choice
d. none of these Question 54
Clear my choice Answer saved
Question 50 Marked out of 1.00
Answer saved Not flaggedFlag question
Marked out of 1.00 Question text
Not flaggedFlag question It is imposed against imports if the product are being
Question text imported in such increased quantities.
It is an action available t the aggrieved and/or Select one:
interested party In an anti dumping investigation a. Countervailing measure
adversely affected by the final ruling in connection b. General safeguard measure
with the imposition of an anti-dumping duty. c. Anti-dumping measure
Select one: d. Special safeguard measure
a. Judicial Review Clear my choice
b. Appeals Question 55
c. Interim Review Answer saved
d. protest Marked out of 1.00
Clear my choice Not flaggedFlag question
It is an action available t the aggrieved and/or Question text
interested party In an anti dumping investigation It is the action plan indicating a set of quantified
adversely affected by the final ruling in connection goals, specific programs, and timetables that a
with the imposition of an anti-dumping duty. concerned industry commits to undertake in order to
Select one: facilitate the industry’s positive adjustment to import
a. protest competition.
b. Appeals Select one:
c. Interim Review a. Adjustment plan
d. Judicial Review b. Contingency plan
Clear my choice c. Action plan
Question 52 d. Floor plan
Answer saved Clear my choice
Marked out of 1.00 Question 56
Not flaggedFlag question Answer saved
Question text Marked out of 1.00
It is an action available to the aggrieved and/or Not flaggedFlag question
interested party in an anti-dumping investigation Question text
adversely affected by the final ruling in connection It is the comparable price on the administrative
with the imposition of an anti-dumping is course of trade for the product when destined for
called__________. consumption in the country of export or origin is
Select one: called ________.
a. Appeals Select one:
b. Judicial review a. export value
c. Protest b. normal price
d. Interim review c. export price
Clear my choice d. normal value
Question 53 Clear my choice
Answer saved Question 57
Marked out of 1.00 Answer saved
Not flaggedFlag question Marked out of 1.00
Question text Not flaggedFlag question
Question text b. 6 to 9 months
It is the comparable price on the administrative c. 4 to 6 months
course of trade for the product when destined for d. 5 years
consumption in the country of export or origin is Clear my choice
called ________. Question 62
Select one: Answer saved
a. export value Marked out of 1.00
b. normal value Not flaggedFlag question
c. export price Question text
d. normal price It means the domestic price in the export country at
Clear my choice the same level of trade which is solid as offered for
Question 58 sale at wholesale as the date of exportation to the
Answer saved Philippine is called ____________.
Marked out of 1.00 Select one:
Not flaggedFlag question a. invoice price
Question text b. normal price
It is the extent by which the allegedly dumped c. comparable price
product is consistently sold at a price below the d. export price
domestic selling price of the like product is called Clear my choice
_____________. Question 63
Select one: Answer saved
a. price depression Marked out of 1.00
b. price suppression Not flaggedFlag question
c. price undercutting Question text
d. price difference It occurs when the allegedly dumped product is not
Clear my choice imported directly from the country or origin but it was
Question 59 physically shipped through a 3rd country without
Answer saved however entering into the commerce therein.
Marked out of 1.00 Select one:
Not flaggedFlag question a. jettison
Question text b. cross export
It is the extent by which the allegedly dumped c. transshipment
product is consistently sold at a price below the d. none of these
domestic selling price of the like product is called Clear my choice
_____________. Question 64
Select one: Answer saved
a. price undercutting Marked out of 1.00
b. price difference Not flaggedFlag question
c. price depression Question text
d. price suppression It occurs when the allegedly dumped product is not
Clear my choice imported directly from the country or origin but it was
Question 60 physically shipped through a 3rd country without
Answer saved however entering into the commerce therein.
Marked out of 1.00 Select one:
Not flaggedFlag question a. transshipment
Question text b. none of these
It is the extent by which the allegedly dumped c. jettison
product is constantly sold at a price below the d. cross export
domestic selling price at the like product is called . Clear my choice
Select one: Question 65
a. price undertaking Answer saved
b. price depression Marked out of 1.00
c. price suppression Not flaggedFlag question
d. none of these Question text
Clear my choice It refers to a product classified under Chapters 24 to
It is the period in which the provisional countervailing 97 of the Tariff and Customs Code of the Philippines.
duty may only be imposed. Select one:
Select one: a. None of the choices
a. None of the choices b. Agricultural Product
c. Imported Product b. Agricultural Product
d. Industrial Product c. Non- Agricultural Product
Clear my choice d. Like product
Question 66 Clear my choice
Answer saved Question 70
Marked out of 1.00 Answer saved
Not flaggedFlag question Marked out of 1.00
Question text Not flaggedFlag question
It refers to a product which is identical or alike in all Question text
respects to the allegedly subsidized product, or in the It refers to the domestic procedures and like products
absence of the former, another product which, as a whole or to those whose collective output of the
although not alike in all respects, has characteristics product contributes a major production of the total
closely resembling those of the allegedly subsidized domestic production of these products in the industry
product. concerned. Which among the following?
Select one: Select one:
a. Directly Competitive Product a. normal transaction
b. Dumped Product b. usual transaction
c. None of the choices c. domestic industry
d. Like Product d. foreign industry
Clear my choice Clear my choice
Question 67 It refers to the economy of a country of export or
Answer saved origin where the government has a monopoly or
Marked out of 1.00 substantial monopoly of trade and it determines or
Not flaggedFlag question substantially domestic price of the product of the
Question text country.
It refers to a specific commodity under Chapters 1 to Select one:
24 of the Harmonized System (HS) of Commodity a. neo market economy
Classification as used in the Tariff and Customs Code b. none of these
of the Philippines c. market economy
Select one: d. non market economy
a. None of the choices Clear my choice
b. Non-tariffied goods Question 72
c. Industrial goods Answer saved
d. Agricultural Products Marked out of 1.00
Clear my choice Not flaggedFlag question
Question 68 Question text
Answer saved It shall apply where there is there is an increase in
Marked out of 1.00 the quantity of a product being imported, whether
Not flaggedFlag question absolute or relative to the domestic production, which
Question text is determined to be a substantial cause of serious
It refers to any specific or indirectly provides by the injury or threat to the domestic industry.
government of the country of origin in respect of the Select one:
product imported to the Philippines is called a. Monopoly Safeguard Measure
___________. b. Competition Safeguard Measure
Select one: c. General Safeguard Measure
a. price support d. Special Safeguard Measure
b. export incentive Clear my choice
c. subsidy Question 73
d. none of these Answer saved
Clear my choice Marked out of 1.00
Question 69 Not flaggedFlag question
Answer saved Question text
Marked out of 1.00 Member are allowed to take action to protect a
Not flaggedFlag question specific domestic industry from an unforeseen
Question text increase of imports of any product which is causing,
It refers to product classified under Chapters 25-97 of or which is likely to cause, serious injury to the
the TAP-AHTN. industry. This refers to?
Select one: Select one:
a. Directly competitive product a. anti dumping
b. none of the choices Only after in this stage of investigation when an offer
c. Countervailing for a voluntary price undertaking can be done.
d. Safeguard Select one:
Clear my choice a. None of the choices
Question 74 b. Prima Facie Determination
Answer saved c. Formal Investigation
Marked out of 1.00 d. Preliminary Determination
Not flaggedFlag question Clear my choice
Question text Question 78
No contracting party shall levy any anti-dumping duty Answer saved
on the importation of any product of the territory of Marked out of 1.00
another contracting party unless? Not flaggedFlag question
Select one: Question text
a. retard materially the establishment of a domestic Otherwise known as “green subsidies” which are
industry. permitted as they are of a general nature, i.e.,
b. determines that the effect of the dumping applied across-the-board to all industries and not
c. cause or threaten material injury to an established limited to a specific industry or enterprise or group of
domestic industry, enterprises or industries.
d. all of the choices. Select one:
Clear my choice a. None of the choices
Question 75 b. Countervailable Subsidy
Answer saved c. Prohibited Subsidy
Marked out of 1.00 d. Non-actionable Subsidy
Not flaggedFlag question Clear my choice
Question text Question 79
No contracting party shall levy any countervailing Answer saved
duty on the importation of any product of the territory Marked out of 1.00
of another contracting party unless? Not flaggedFlag question
Select one: Question text
a. all of the choices. Otherwise known as “red subsidies” which include
b. retard materially the establishment of a domestic export subsidies, i.e., those that are contingent on
industry. export performance, and subsidies that are contingent
c. cause or threaten material injury to an established on the use of domestic over imported goods.
domestic industry, Select one:
d. determines that the effect of the subsidization a. Non-actionable subsidy
Clear my choice b. Countervailable Subsidy
Question 76 c. Prohibited Subsidy
Answer saved d. None of the choices
Marked out of 1.00 Clear my choice
Not flaggedFlag question Question 80
Question text Answer saved
No countervailing duty shall be levied on any product Marked out of 1.00
of the territory of any contracting party imported into Not flaggedFlag question
the territory of another contracting party in excess of Question text
an amount equal to the estimated The definitive anti-dumping duty will be imposed for a
________________ determined to have been period of 5 years. If so after the expiry review, the
granted. definitive anti-dumping could be extended for a
Select one: period of:
a. bounty or subsidy Select one:
b. Export price a. 5 years only
c. Margin of dumping b. 14 years only
d. normal value c. not explicit in the law
Clear my choice d. 4 years only
Question 77 Clear my choice
Answer saved The domestic legislation governing the imposition of
Marked out of 1.00 countervailing duty is ______.
Not flaggedFlag question Select one:
Question text a. RA 8752
b. RA 8751
c. RA 8800 b. None of the choices
d. RA 7843 c. 30 working days
Clear my choice d. 30 days
Question 82 Clear my choice
Answer saved Question 86
Marked out of 1.00 Answer saved
Not flaggedFlag question Marked out of 1.00
Question text Not flaggedFlag question
The duration of the definitive countervailing duty shall Question text
not exceed ___ years from the date of its imposition, The Tariff Commission as the case maybe, shall motu
unless revoked earlier. proprio terminate the investigation at any stage of the
Select one: proceedings if the provisionally estimated margin of
a. 5 years dumping is less than:
b. 4 years up to 10 years for developing country Select one:
c. 4 years a. Two percent of the export price
d. None of the choices b. Seven percent of the export price
Clear my choice c. Three percent of the export price
Question 83 d. Five percent of the export price
Answer saved Clear my choice
Marked out of 1.00 Question 87
Not flaggedFlag question Answer saved
Question text Marked out of 1.00
The foreign producers domestic selling price is Not flaggedFlag question
referred to as the _______? Question text
Select one: These contingency measures are available to
a. normal value domestic industries seeking temporary relief from
b. transaction value injury caused by both unfair and fair trade practices.
c. export price Select one:
d. dumping margin a. Competition Policy
Clear my choice b. Trade Remedy Measures
Question 84 c. Safeguard Measures
Answer saved d. Anti Dumping Measures
Marked out of 1.00 Clear my choice
Not flaggedFlag question Question 88
Question text Answer saved
The Secretary of DA or of DTI or the Tariff Marked out of 1.00
Commission as the case maybe, shall motu proprio Not flaggedFlag question
terminate the investigation at any stage of the Question text
proceedings if the provisionally estimated margin of This government agency is mandated to conduct the
dumping is less than: Preliminary Investigation on Anti-Dumping cases is
Select one: the___________ as mandated in RA # 8752.
a. Three percent of the export price Select one:
b. Seven percent of the export price a. Bureau of Customs
c. Five percent of the export price b. Tariff Commission
d. Two percent of the export price c. Bureau of Import Services
Clear my choice d. Board of Investments
Question 85 Clear my choice
Answer saved Question 89
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The Secretary shall make a preliminary determination Question text
of the application for the imposition of an anti- This is a trade remedy measure to protect the
dumping duty after _______ days upon receipt of the domestic industries against unfair trade practices
answer of the respondent importer, exporter, foreign caused by subsidy.
producer, exporting member-country and other Select one:
interested parties. a. Special Safeguard Measures
Select one: b. Anti-Dumping Measure
a. 20 days c. General Safeguard Measure
d. Subsidies and Countervailing Measure What does Article VI of GATT/WTO Legal texts
Clear my choice provides for?
Question 90 Select one:
Answer saved a. Safeguards
Marked out of 1.00 b. Technical Barriers to Trade
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Question text d. Sanitary Phytho Sanitary Measures
This is an agreement between ASEAN member Clear my choice
countries and Japan Focusing on liberalization, Question 95
facilitation and cooperation activities. Answer saved
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b. AJFTA Question text
c. AJROO What is the government agency which undertake
d. AJCEP formal investigation of anti-dumping cases
Clear my choice Select one:
This refers to the extent by which the local producer a. Tariff Commission
reduces its selling price in order to compete with the b. Department of Finance
allegedly dumped imports is called ____________. c. Department of Trade and Industry
Select one: d. Department of Agriculture
a. Price comparison Clear my choice
b. Price depression Question 96
c. Competitive price Answer saved
d. Price undercutting Marked out of 1.00
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Question 92 Question text
Answer saved What is the lifetime of the provisional anti-dumping
Marked out of 1.00 duty?
Not flaggedFlag question Select one:
Question text a. 6 months, extendible to one year
Under RA 8752, anti-dumping investigations shall be b. 5 months, extendible to 6 months
motu propio terminated, except one of the following c. 6 months, extendible to 4 months
circumstances d. 4 months, extendible to 6 months
Select one: Clear my choice
a. Volume of dumped products is de minimis Question 97
b. Price undertaking is accepted Answer saved
c. Lacks industry support Marked out of 1.00
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Clear my choice Question text
Question 93 Which among the following refers to the extent by
Answer saved which the alleged dumped product prevents the
Marked out of 1.00 domestic producer from the selling price if its own like
Not flaggedFlag question product to allow full recovery of product.
Question text Select one:
Under what rule is the imposition of anti-dumping a. price suppression
duty may not be the full margin of dumping if said b. none of these
duty is adequate to remove injury to the domestic c. price depression
industry: d. price undertaking
Select one: Clear my choice
a. Definitive duty rule Question 98
b. De minimis rule Answer saved
c. Minimum duty rule Marked out of 1.00
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Clear my choice Question text
Question 94 Which is NOT among the following different types of
Answer saved review conducted by the tariff commission in the anti-
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Not flaggedFlag question Select one:
Question text a. Newcomer review
b. Sunset review
c. Final review
d. Interim review
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Question 99
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Question text
Which of the following may constitute an unfair trade
practice?
Select one:
a. Anti-competitive practices
b. Subsidy
c. All of These
d. Dumping
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Question 100
Answer saved
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Question text
Which of the following statement is not accurate?
Select one:
a. Subsidies to be countervailable/ actionable must be
specific, I,e., explicity limited to an industry sector or
group of industries.
b. Dumping is a form of price discrimination. It is by
nature ilegal and thus trade remedy must be taken
c. Injury is not an ellement in the imposition of the
special safeguard measure
Clear my choice

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