Also called Factor-proportions Theory – because it discusses: The proportions in which different factors

of production are available in different countries, and -The proportion in which they are used in
producing different Goods

- ELI HECKSCHER AND BERTIL OHLIN

This invention of Roman is their way for easier logistics and transportation even very far away place?

- Road

The Philippine Government to enact a Tariff Law for the Philippines subject to the condition that the
same shall not become until approved by the US President?

- Jones law

Able to use Filipino and English Language for intermediate communication purposes, understand wide
range of basic quantitative

- Primary Intermediate Level

In Philippines During Spanish Colonial Time, the TOP of the Feudal System is?

- Peninsulares

ALL OF THEM ARE PART OF THE CSP 1389 MODES OF PAYMENT EXCEPT ONE

- Incoterms

The Law that Create TESDA

- RA 7796

What is a LAW that when you were BARANGAY NUTRITION SCHOLAR ELIGIBILITY you are entitled to
equivalent civil service Eligibility?

- PD 1569
WHO WAS THE COMMISSIONER WHO SIGNED THE CA06-2009 APPLICABLE EXCHANGE RATE?

- NAPOLOEN MORALES

In Philippines During Spanish colonial Time, the fourth to the TOP of the Feudal Systems?

- None

What is the law that the Phils agreed in courting lacinated by WTO

- RA 8751

A paying of Customs Duties and Taxes?

- Customs

What is the law that the Phils agreed in anti dumping act initiated by WTO?

- RA 8752

What is the law amending some provisions for Tariff and Customs Code of the Philippines?

- RA 7651

What is the man the Philippines adopted from the WTO/WCO customs valuation standard

- RA 8181

HOW MUCH IS THE MARKING DUTY STATED IN RA 10863 CMTA?

- 20%

In China The Bottom from the top of the Feudal system is?

- Slave

WHAT IS THE SAFEGLIARD DUTY LAW OF THE PHILIPPINEST

- RA 8800
Our Ancient Ancestors (Filipino Forefather had been traded with the below counties expone

- France

What is an executive decree for Ladderized education law

- EO 358

The imitating country starts underselling the innovating country in the latter's markets as well and
production of the product in the innovating country declines rapidly or collapses Production moves to
low cost prom

- Phase 5

The system of forced labor otherwise known as evolved within the framework of the encomenda syste
into the South American colonies by the Conquistadores and Catholic priests who accompanied them?

- POLO Y SERVICIO

In Philippines During Spanish Colonial, The Fifth the TOP of the Feudal

- Mestizos De Espanola

ALL OF THEM ARE REPEALED CMO BY CMO 14-2019 EXCEPT ONE?

- CMO 14-2002A

In Philippines During Spanish Colonial Time, the Ninth to the TOP of the Feudal System is?

- NONE

An act passed by the United States Congress specifying the economic conditions governing the
independence o from the United States. The United States Congress offered $800 milion for post World
War li rebuilding funds if the was ratified by Philippine legislature which duly approved the measure on
July 2 two days before independence from States of America

- Bell Trade Act

What is a LAW that when you were ELECTRONIC DATA PROCESSING SPECIALIST ELIGIBILITY you are need
to e Service sigibility?

- CSC Res . 90-083

Product is produced and consumed only in the innovating country

- Phase 1

An act passed by the United States Congress specifying the economic conditions governing the
independence of the Philippines from the United States. The United States Congress offered $800
million for post World War I rebuilding funds of the Bede Act was ratified by Philippine legislature, which
duly approved the measure on July 2, tivo days before independence from the United States of America

- Bell Trade Act

In Philippines During Spanish Colonial Time, the Seventh to the TOP of the Feudal Systems?

- Indio

How many miles away from the shore of Gibraltar the Ship Pabes?

- 21 Nautical miles

What do you call the money used during Japanese time?

- Mickey Mouse

Able to use local language Filipino and English for basic communication purposes understand basic
quantitative concept

- Primary Foundational

(a) International trade brings in efficiency in production and consumption, and

(b) it provides a market for goods and services

- Gains from trade

In japan, the Sixth to the Top of the Feudal system a?

- Artisan

A System in which real property is owned absolutely free and clear of any superior landlord?

- Allodial title

A form of tariff is as a certain percentage of a good’s value?

- Ad valorem

In China The top of the Feudal system is?

- Emperor

All of below are the reason why tariff are being imposed? Except tone?

- Protect Solo Parent

What do you call the money used during Japanese time?

- Mickey Mouse

In China The Fourth to the top of the Feudal system is?

How many miles away from the shore of Gibraltar the Ships Passes?

- 21 Nautical Miles

What is a LAW that what you WE’RE BARANGAY NUTRITION SCHOLAR ELIGIBILITY you are entitled to
equivalent civil service Eligibility

- PD 1569
The consolidation of shipments from the rest of the world in Manila Going to NUEVA ESPANA is called?

- Galleon Trade

What is the law for governance of basis education act?

- RA 9155

Land held absolutely in one’s owns right and not of any lord or superior and not subject to fecal duties
or burdens

- Allodiaum

Which Country in Europe Held the Gibraltar before 17007

- Spain

WHO WAS THE COMMISSIONER WHO SIGNED THE CMO 14-2019 APPLICABLE EXCHANGE RATE?

- REY LEONARDO GUERERO

WHAT CMO REFERS TO THE APPLICABLE EXCHANGE RATES FOR IMPORTER/EXPORTER?

- CMO 14-2019

In Philippines During Spanish Colonial Time, the Sixth to the TOP of the Feudal System is

- Mestisos de Sangley

In Ancient Philippines, The top of the Feudal Systems

- Lakan/Rajah/Datu/Tumao

What is the synonym name for Consignee?

- Shipper
A is s a tax that is imposed by the importing country when an imported good crosses its international
boundary?

- Tariff
-

The Principles of Political Economy & Taxation 1817

- DAVID RICARDO

The world first civilization is?

- Mesopotamia

The Chieftain name in Gibraltar, Spain?

- TARIFF IBN MALIK

Where is a LAW that when you were HONORABLE GRADUATE ELIGIBILITY you are entitled to equivalent
civil service Eligibility?

- PD 907

WHAT IS THE LAW FOR OCCUPATIONAL AND SAFETY ACT?

- RA 11058

what is the law for Tarrif and Custom Code of the Philippines?

- RA 10591

What is a LAW for Ladderized education-act?

- RA 10647

The old taxation of pre-spanish is called?

- Buwis
Artisans, Merchants farmers, and fishers MESOPOTAMIA are part of SOCIAL CLASS INT

- MIDDLE CLASS

To Japan, the Fourth to the Top of the Feudal system is

- Ronin

In Ancient Philippines, The Fourth to the TOP of the Feudal System is?

- Tornatras
- None

In Philippines During Spanish Colonial Time, the Third to the TOP of the Feudal Systems?

- Filipino Insulares

In Philippines During Spanish Colonial Time the second top the TOP of the Feudal Systems?

- Americano

Creating trade surplus and in turn accumulate nations wealth

- THEORY OF MERCANTILISM

Our Ancient Ancestors (Filipino Forefather) had been traded with the below counties except crie?

- FRANCE

Which Country in Europe Held the Gibraltar before 1700

- SPAIN

HOW MANY UNITS ARE THE MINIMUM THAT THE SCHOOL MAY OFFER UNDER BSCAIN CHED MEMO 11-
S 2005

- 138 UNITS
WHO INTRODUCED THE PRODUCT CYCLE THEORY

- RAYMOND VERNON

The imitating country begins to undersell the innovating country in third markets and production of the
product in the innovating country declines

- Phase IV

How many miles away from the shore of Gibraltar the Ships Passes?

- 21 NAUTICAL MILES

In China. The Sixth to the top of the Feudal system?

- Soldiers

A tariff act outing American time was approved on October 3 1913

- UNDERWOOD TARIFF LAW

The product becomes more or less standardized and the innovating firm may find it profitable to license
other domestic and Foreign firms to manufacture the products. Thus me misting country starts
producing the product for domestic consumption

- PHASE 3

A form of tariff is as a certain percentage of a good value?

- Ad Valorem

In Japan, the Fifth to the Top of the Feudal system is?

- Peasant

What do you called that the “Filipino offered their homes or native products in exchange for the
commodities or terms of other countries

- Barter system
According to the two Chinese Historians, Ancient Filipinos were?

- Honest

A form of tariff is imposed on one unit of a good is?

- Specific

A paying of Customs Duties and Taxes?

- CUSTOMS

A ? is a tax that is i by me importing country which an imported good crosses its international
boundary?

- Tariff

The right of a government to take and appropriate private property to public use whenever the public
exigency request, which can be done only on condition of providing a reasonable compensation?

- Eminent Domain

All of below are the reason why tariff are being imposed? Except one?

- Protect Solo Parent

Kings Priest Warriors and Government Officials in MESOPOTAM part of a SOCIAL CLASS INT

- UPPER CLASS

The Chieftain name in Gribaltar, Spain?

- Tarrif Ibn Malik

NUEVA ESPANA, is called now as a what country?

- ACAPULCO, MEXICO

The TESDA NATIONAL CERTIFICATION that performs a prescribed range of functions involve known
routine and procedure

- NATIONAL CERTIFICATE LEVEL 2

A form of tariffs imposed on one unit of a good

- Specific

A form of tariff is imposed on one unit of a good s

- Specific

A form of tariff is as a certain percentage of a goods value?

- Ad Valorem

Countries tend to export goods whose production is intensive in factors with which they are abundantly
endowed

- H-O THEORY

In China The Second to the top of the Feudal system is?

- Nobles

To Ancient Philippines The Second to the TOP of the Feudal system

- Maharlika/Timawa

A paying of Customs Duties and Taxes?

- Customs
WHAT IS THE DATA PRIVACY ACT OF THE PHILIPPINES?

- RA 10173

Which Country in Europe Held the Gibraltar as of 2020

- United kingdom

What is the law that Professionalize the Customs Broker?

- RA 9280

The law that create DEPED?

- RA 9155

According to the two Chinese Historians, Ancient Filipinos were?

- Honest

A tariff act during American time was approved on August 05, 1909?

- Payne-Aldrich Act

Able to demonstrate an understanding of a complex and coherent body of knowledge

- Baccalaureate Degree

An Enquiry into the Nature and Causes of the Wealth of Nations, 1776

- ADAM SMITH

ALL Below inventions are as Egyptian except?

- WAGON WHEEL

WHAT IS THE LAW FOR FOREIGN INVESTMENT ACT

- RA 7042
What is the other name for Consignee?

- Buyer

In Japan, the Top of the Feudal system is?

- Noble

All of below are the reason why tariff are being Imposed? Except tone?

- Protect Solo Parent

Which Country in Europe Held the Gribaltar as of 2020?

- United kingdom

Of a country’s worker is the amount they are paid compared with the amount that workers is another
country are paid per hour

- RELATIVE WAGE

A tariff act during American time was approved on August 05, 1909?

- PAYNE ALDRICT ACT

The system of forced labor otherwise known as Levolved within the framework of the encomienda
system introduced into the South American colonies by the Conquistadores and Catholic priests who
accompanied men?

- Polo Y Servicio

In Japan the Second to the Top of the Feudal systems

- Daimyo
Most manufactured products have a kind of life cycles, similarly to the human beings New product
phase (1) Growth phase (1) Maturity phase (III), Decline phase (IV) (V)

- STAGES OF THE PRODUCT CYCYLE

The Principles of Political Economy & Taxation 1817

- DAVID RICARDO

In China. The Fifth to the top of the Feudal system is

- Artisan/Merchant

Introduced by Raymond Vemon in 1966 Differs from previous trade theories

Focus on the product, not as factor proportions

Puts less emphasis on comparative cost doctrine

-increased emphasis on technology’s impact on product cost

-the innovation,

-the effects of scale economies

Explains international investment

- PRODUCT CYCLE THEORY

What do you call the money used during Japanese time

- Mickey Mouse

The boat used by Chinese in trading during Spanish time in carted?

- Sampan Trade

In China. The Third to the top of the Feudal system is?

- State/Noble
What is the law for Commission on Higher Education?

- RA 7722

What is a LAW that when you pass a bar exam or board exam you are entitled to equivalent civil service
eligibility?

- RA 1080

What is a LAW tree when you were SANGGUNIAN MEMBER ELIGIBILITY you are entitled to equivalent
service Eligibility?

- RA 10156

What do you called the imposition of tariff of 3% to all import and export except 6% for Chinese
shipment in Spanish time?

- ALMOJARIFASGO

David Ricardo The Principles or Politics Economy & Taxation, 1817 Nations can still gain from trade even
without an absolute advantage Facilitator-Difference in opportunity cost A country has a Comparative
Advantage in producing a good if the opportunity cost of producing that good in terms of other goods is
lower in that country compared to other countries

- COMPARATIVE ADVANTAGE

To lift water from the CANAL Egyptian used a large pole balanced on a crossbean with a rope and
bucket on one end and heavy counter weight at the other?

- SHADUF

WHAT TREATY DID UK AND SPAIN SIGNED IN 1713 For the Turnover of Gibraltar from Spain to UK?

- Treaty of Utrecht

What is a LAW that when you were FOREIGN SCHOOL HONOR ELIGIBILITY you are entitled to equivalent
civil service eligibility?

- CSC RES 1302714

What is the law for the continuing professional development act?

- RA 10912

What is a LAW that when you were SANGGUNIAN MEMBER ELIGIBILITY you are entitied to equivalent
civil service Eligibility?

- RA 10156

What is the law for AGRI AGRA reform Credit Act?

- RA 1000-2009

A ? Is a tax that is imposed by the importing country when an imported good crosses its international
boundary?

- Tariff

What is the law that amends certain provisions of RA 9280 SUCH AS CUSTOMS BROKER will be used by
Exporter as an Optional for the usage at THEIR signature in Export Declaration?

- RA 9853

An act passed by the United States Congress specifying the economic conditions governing the
independence of the Philippines from the United States The United States Congress offered $800 million
for post World War rebuilding funds it the Ball Trade Act was ratified by Philippine legislature, which
duly approved the measure on July 2, two days before independence from the United States of America

- Bell Trade Act

What is the law that the STATED THE BSEA Course issued by CHED?

- CHED MEMO 11-2005

All of the below are inventions of MESOPOTAMIA except one?

- SHADUF
What is a LAW that when you were HONORABLE GRADUATE ELIGIBILITY you are entitled to equivalent
civil service eligibility?

- PD 907

The boat used by Chinese in trading during Spanish time it called?

- SAMPAN TRADE

What is a LAW that when you were ELECTRONIC DATA PROCESSING SPECIALIST ELIGIBILITY you are
Entitled to equivalent civil service eligibility?

- CSS RES: 90-083

What is the fair for Commission on Higher Education?

- RA 7722

The ratio of export prices to import prices is referred to

- TERMS OF TRADE

In Philippines During Spanish Colonial Time, the Eight to the TOP of the Feudal System is?

- Negrito

WHAT ARE THE CMO FOR THE PROCEDURES FOR THE PAYMENT OF ADVANCE DEPOSIT AND THE FINAL
PAYABLES AS OF CAO 10-2008 AND ESP CIRCULAR 638 2009

- CAO 06-2009

Is Ancient Philippines The Third to the Tom of the Feudal system is?

- ALIPIN NAMAMAHAY/ALIPIN SA GIGILID

What is the other term for Consignee?

- Importer
It is because the relative wage is between the relative productivities that each country ends up with a in
one

good

- COST ADVANTAGE

Which Country in Europe Held the Gibraltar before 1700

- Spain

The Chieftain name in Gibraltar Spain?

- Tariff Ibn Malik

What is the TESDA LAW?

- RA 7796

What is the law for Tariff and Customs Code of the Philippines?

- RA 1937

A Channeling of water to their towns and cities is called?

- AQUEDUCT

Law that create DEPED

- RA 9155

What is the law for E-Commerce act?

- RA 8792

What is the law for Ease of doing business?

- RA 1103
H-O theory, one of the most influential theoretical ideas in international economics

• Makes few simplifying assumptions than Ricardo’s

• Theory H-O theory has been subject to many empirical tests and most raised questions about its
validity

• famous is by Wassily Leontief in 1953 for the U

- LEONTIEF PARADOX

According to the two Chinese Historians, Ancient Filipinos were?

- Honesty

HOW MUCH IS THE MARKING DUTY STATED IN RA 10863 CMTA?

- 5%

What is the law for co loading act?

- RA 10688

What is the law for Barangay Micro Business Law?

- RA 9178

Able to demonstrate in-depth understanding of a complex and coherent body of knowledge and skills
that are in the forefront of an academic discipline or professional area?

- Doctoral

WHAT IS THE LAW OF PHILPPINE INNOVATION ACT?

- RA 11293

WHAT IS THE LAW FOR TAX REFORM AND ACCELERATION AND INCLUSION ACT?

- RA 10963
What is the legal basis for PRC?

- PD 223

What Section in RA 10863, refers to the Trespass or Obstruction of Customs Premises?

- Sec. 305

As a Customs Administration the BOC are committed to the following values, which among are not?

- Competency and efficiency

The Commissioner of Customs is assisted by Deputy Commissioners and District Collectors.

- 6,17

WHAT IS THE LAW FOR OCCUPATIONAL AND SAFETY ACT?

- RA 11058

To ensure its continuing progress, the implementation of BOC’s computerization program necessitated
the creation of MISTG on:

- January 19 1998

Creating the Management Information System and Technology Group in line with computerization
program of the Bureau of Customs.

- Executive Order No. 463

All below items are Philippines exports, except one?

- Corn

Able to demonstrate more specialized levels of knowledge and/or skills related to specific existing
knowledge skills?

- Post graduate diploma level

What Section in RA 10863, refers to the power of the president to Subject premises Customs Jurisdiction

- Sec. 304

What is the law replacing the Tariff and Customs Code of the Philippines?

- RA 10863

WHAT IS THE LAW OF START UP ACT?

- RA 11337

Provide assistance and services to the Collection District matters pertaining to budget and finance and
personnel is the function of:

- Administrative Division

Which among the following is the BOC Vision?

- A modernized and efficient customs Administration that every Filipino can trust and be proud of.

What was the Resolution for the CMO 30-S2021 for BSCA?

- 348-2018

Articles fraudulently imported into the Philippines Contrary to law are known as:

- Smuggled articles

WHAT IS THE LAW FOR STRATEGIC TRADE MANAGEMENT ACT?

- RA 10967

The assistant chief officials of the Bureau of Customs are the:

- Deputy Commissioner of Customs

The TESDA NATIONAL CERTIFICATION that performs routine and predictable tasks involving little latitude
for judgement?

- NATIONAL CERTIFICATE LEVEL 1

When was the Commission passed Act No. 367 mandating the organization of the personnel of the
Philippine Customs Service?

- March 3 1902

Able to demonstrate sound understanding of the principles in the chosen field of study?

- Associate level

Under a Deputy Commissioner, this group assists the Commissioner in the formulation of planning and
management improvement services of the BOC.

- IAG

What is the law for K to 12 enhancing basic act law?

- RA 10533

To implement a Cargo Clearance Procedure that will meet the requirements of the 21 st century the
Bureau of Customs conceptualized the SPACE as early as:

- 1998

HOW MANY UNITS ARE STATED FOR ELECTIVES IN CMO 30-S2021 for BSCA?

- 9

In the enforcement of port quarantine regulations, the customs official or employees shall cooperate
with the:

- Quarantine
The Bureau of Customs shall

- all of the above

The person who shall have the power to subject premises to the jurisdiction of Bureau of Customs is the:

- President of the Philippines

The jurisdiction of the Bureau of Customs over premises used for customs purposes shall be without
prejudice to the powers exercised by the:

- Philippine Coast Guard

A list of schedule commodity item price is?

- Tarrif

What Section in RA 10863, refers to Control over customs premises?

- Sec. 303

On February 6, 1902, the Philippine Commission passed Act No. 355 otherwise known as:

- The Philippine Customs Administrative Act

The jurisdiction granted to the Bureau of Customs over seizure case is:

- exclusive original

Refers to any item that, relating in nature, is illegal to possessed or sold. It is used for goods that their
nature are considered too dangerous and offensive?

- Contraband

The cy which shall have direction and management of Custom houses, warehouses, offices, and wharves
in the ports of entry is the.

- Bureau of Customs
The following is a Deputy Commissioner of Customs except:

- Revenue and Legal Group

SPACE stands for the five general principles underlying the progressive clearance procedures.
Specifically, S stand for:

- Selectivity

SPACE stands for the five general principles underlying the progressive clearance procedures.
Specifically, C stand for:

- Client self-assessment

As a Customs personnel the BOC are committed to the following values, which among are not?

- Competenc

What was the law amending some provisions of RA 3046 and RA 5446 TO DEFINE THE ARCHIPELAGIC
BASELINE LAW OF THE PHILIPPINES?

- RA 9522

The national territory comprises the Philippine archipelago, with all the islands and waters embraced
therein, and all other territories over

Sovereignty or jurisdiction, consisting of its terrestrial, fluvial, and aerial domains, including its territorial
sea, the seabed, the subsoil, the insular shelves, and other

Which the Philippines has submarine areas. The waters around, between, and connecting the islands of
the archipelago, regardless of their breadth and dimensions, form part of the internal waters of the
Philippines., Refers to

- Article 1, Section 1 of 1987 Constitution

What is the republic act of Civil Code of the Philippines?

- RA 386

The bureau of Customs shall have and assistant chiefs.

 - 1,5

What Section in CMTA RA 10863, is stating the CUSTOMS JURISDICTION?

- Sec 300

The Port operations service is under the deputy commissioner of customs

- Customs Assessment and Operations Coordinating Group

Preventing and suppressing smuggling pilferage and other economic frauds within all ports of entry is
the function of

- OCOM

The port quarantine shall be promulgated by the:

- Bureau of Customs

Refers to the KALAYAAN GROUP AND SCARBOUROUGH SHORE as part of the Phils Territory, What
Section in RA 9522?

- Sec 2

Following are the guiding principle of the Bureau of Customs, EXCEPT:

- Implement relevant technology for an efficient and effective customs management aligned with
the international customs best practices

Pnal laws and those of public security and safety shall be obligatory upon all who live or sojourn in the
Philippine territory, subject to the principles of public international law and to treaty stipulations. Refers
to?

- Civil Code of the Philippines Article 14

When RA 9522 WERE enacted, it was Congress, Second regular session.

- 14th congress
What is the PRC MODERNIZATION LAW?

- RA 8981

The government agency which shall have exclusive control of premises in ports of entry is the

- Bureau of Customs

The government agency tasked to cooperate in the enforcement of the port quarantine regulation is
the:

- Bureau of Customs

Temporary storage of goods

- 307

Following are Mission of the Bureau of Customs, EXCEPT:

- To implement relevant technology for an efficient and effective customs management aligned
with the international customs best practices

What Section in RA 10863, refers to the Special Surveillance for the protection of customs revenue and
prevention of smuggling

- 306

The government agency which exercise police authority and which has the right of supervision over all
seas within the jurisdiction of the Philippines is the

- Boc

HOW MANY UNITS ARE THE MINIMUM THAT THE SCHOOL MAY OFFER UNDER BSCA IN REVISED
PROPOSAL IN 2017?

- 142 units
Is required for cargo and passengers transported in the coastwise trade when one or both of the places
to which the cargo and passengers are transported are ports of entry.

- Manifest

Jose Panganiban is a sub port of Collection District?

- V

It replaced the Entry Encoding Center (EEC, which was where lodgment was previously made) thus,
introducing the shift to internet lodgment.

- Absolute Prohibited Importation

Also known as “inter-island trade” are not only confined to carriage for hire of passengers and/or
merchandise on board vessels between ports and places in the Philippines. They also include vessels
engaged in deep sea fishing which carry their catch to a port to sell?

- Coastwise Trade

Is a domestic port open to both foreign and domestic trade. It is a broader term which includes principal
ports of entry and sub ports of entry

- Port of entry

In maritime law, is a record or statement in writing. Carried by a vessel, containing information with
respect to the vessel’s cargo, passengers, and other matters required by statute or regulations.

- Manifest

The customs chief operating officer of a port of entry.

- COLLECTOR OF CUSTOMS

What is a LAW that when you were BARANGAY HEALTH WORKER you are entitled to equivalent civil
service eligibility?

- RA 7783
Refers to the KALAYAAN GROUP AND SCARBOUROUGH SHORE as part of the Phils Territory, What
Section in RA 9522?

- Section 2

Is a detailed list of all the cargo of the vessel, packed or unpacked, with their marks, numbers and
destination.

- Cargo manifest

All goods, including means of transport, entering or leaving in customs territory, regardless of whether
they are liable or not to taxes shall be subject to customs control to ensure compliance with this act
What Section is this?

- Section 301

Where a vessel engaged in a coastwise trade is permitted to depart coastwise from a port of entry
without the filing of a detailed manifest, the master of vessel has to file a:

- General manifest

Which Country in Europe Held the Gibraltar before 1700?

- Spain

All are letter of credit types, except one?

- Telex Release

Government agency responsible to issue Authority to Release Imported Goods for articles subject excise
to excise tax.

- Bureau of Import Services

A shipment which is not allowed by the government is ?

- Forbidden shipment
An arrangement of buyer that instructs a bank to hand over shipping and title documents to an importer
only if the importer accepts the accompanying bill of exchange or draft by singing it?

- Documentary Against Payment

Under the TCCP, the person signing the manifest required from vessels engaged in coastwise trade on its
departure shall swear that any duties, taxes and other charges due on imported goods have been:

- Will pay

How much is the fee of first registration of importer at the Bureau of Customs?

- 1,000

No certificate shall be granted to licensed customs broker who has been convicted of

- A crime involving moral turpitude

Below are all the document requirements to be submitted at the Bureau of Customs, except one?

- 2x2 pictures

The act or an instance of departing, a vessel has an estimate time of departure

- Departure

At a coastwise port where no customs official is regularly stationed, the Customs Commissioner may
designate to act as

- Any national, provincial or municipal official of the port/Coastwise Customs Inspector

A reference Of Law in using Letter of Credit?

- CBP Circular no. 1389

Prior to the departure from port of entry, the cargo manifest require from vessels engaged in coastwise
trade shall specify:

- The names of Transshipment

Executive Order No. 55 opening the sub-port of As a principal port of entry.

- Clark Special Economic Zone

Has the power to open and close any port?

- President

The trade that exists within the territorial jurisdiction of the country.

- Coastwise Trade

“Port of Entry” as basically defined in the TCCP is:

- A domestic port open to both foreign and coastwise trade

Under the TCCP, the copies of the manifest required from vessels engaged in coastwise trades is
returned to the master of the vessel

- Original

It is a coastwise or domestic port as are open to coastwise trade only. These include all ports, harbors
and places not port of entry.

- Port

What section in RA 10863 refers to the COOPERATION OF BOC and its employees with the Bureau of
Quarantine in enforcement of port quarantine regulations

- Section 302

What is CPRS?

- None of the above

Every sort of boat, craft or other contrivance used, or capable of being used, as a means of
transportation on water is referred to in the CMTA as: a. Carrier

- Vessel

Applicants for admission to the customs broker licensure examination should have the following
qualifications excepts:

- Actual experience custom brokering

Following are the sub-ports of entry of Port of Zamboanga, EXCEPT:

- Gen. Santos (Dadiangas)

This will serve as the official receipt for completely processed declaration of the importer thru his/her
VASP

- Statement of Settlement of Duties and Taxes

Encodes/records the estimated and actual date and time of vessel arrival.

- Pier Inspection Division

The old taxation of pre-spanish is called?

- Buwis

A person or firm, agent to whom cargo is shipped or consigned. He is usually the buyer or importer.

- Consignee

Charge/s wherein the non cash payment instruments cannot be used.

- Payment of IPF and CSF

The shipping documents are sent and released by the seller directly to the importer without coursing
the documents through the banks, upon the importer’s promise to pay at some future date after
shipment. Normally 30, 60 or 90 days.

- Open Account

From the date receipt of the AAB of the final payment instructions, what is the period wherein the
import entry will be considered as abandoned?

- If no payment confirmation is received within 15 days