Professional Documents
Culture Documents
MULTIPLE-CHOICE
Câu 1 According to ASCM: Components of a subsidy:
A. A financial contribution
B. by Government
C. Confers a benefit
D. All of the above
Câu 2 When a large country imposes import tariff, its welfare will:
A. Decrease
B. Increase
C. Either increase or decrease
D. Stay the same
Câu 3 Which statement is TRUE about Technical regulation?
A. Marking requirements
B. Restricted use of substances
C. Labelling requirements
D. All of the above
Câu 4 The US announced that: “ Illegally cultural property is not allowed to
import”. What kind of NTMs is?
A. Import prohibition
B. Government procurement
C. Import Quota
D. Import licence
Câu 5 Which one is a technical barrier to trade?
A. Export licence
B. Animal quarantine
C. Tolerance limits for residues
D. Pre - shipment inspection
Câu 6 Which countries have the highest Trade to GDP ratio?
A. Countries have small economic size and are centers for shipping goods
B. Countries have small GDP
C. Countries have large economic size and are centers for shipping goods
D. Countries have large GDP
Câu 7 According to ASCM, a subsidy applies to:
A. customers within the territory of a Member of WTO
B. Foreign customers
C. Foreign producers
D. Producers within the territory of a Member of WTO
Câu 8 In the past, which products were traded the most?
A. Consumer goods
A. Import license
B. Import prohibition
C. TBT
D. SPS
Câu 17 The US Food Safety Modernization Act 2011 regulates:
A. Food collecting
B. Food processing
C. Food selecting
D. None of the above
Câu 18 Country B imposes voluntary export - restraint to country A. Who earns
rent:
A. Country B exporters
B. Country B importers
C. Country A exporters
D. Country A importers
Câu 19 Country A announced that: “With regard to vegetables, disclosure of
information about the location of the farm, name of the farmer required”. What
kind of NTMs is?
A. Import licence
B. Import prohibition
C. Sanitary and phytosanitary
D. TBT
Câu 20 Vietnam released Decree 116/2017/ND-CP, which further tightens
conditions for automotive manufacture. What kind of NTMs is?
A. Import licence
B. Import prohibition
C. Sanitary and phytosanitary
D. TBT
A. 20
B. 6
C. 8
D. 22
Câu 43 Which type of goods were predominant in international trade before
World War I?
A. Raw materials
B. Basic processed goods
C. Highly processed consumer and capital goods
D. Raw materials and Basic processed goods
Câu 44 What is not the drawback of Trade Balance with Gross:
A. Products are counted several times
B. Focus on specific origin of products
C. Complicated calculation
D. All of these above
Câu 45 Which bodies is in charge of reviewing inconsistence between Member’s
law and the WTO law?
A. The Appellate Body
B. The specific committee
C. Ministerial Conference
D. WTO Secretariat
Câu 46 Which tariff structure provides the highest ERP? Assume that the price
of raw material and final products are fixed
A. Raw materials: 5%; Final product: 30%
B. Raw materials: 5%; Final product: 25%
C. Raw materials: 10%; Final product: 25%
D. Raw materials: 10%; Final product: 30%
Câu 47 Which agreement signed to establish the WTO?
A. GATT 1947
B. GATT 1994
C. GATS 1994
D. Marrakesh agreement 1994
Câu 48 How does the WTO make decisions on amending articles?
A. Through consensus
B. Through voting. Decide by a three-fourths majority of the Members
C. Through voting. Decide by a more than a half of the Members
D. Through consensus. If cannot making decision, based on the importance
of the articles to decide the majority of voting.
Câu 49 Which one is not WTO’s principles
A. Promoting fair competition
B. Encouraging development and economic reform
C. Freer trade through binding and transparency
D. Trade without discrimination
Câu 50 The Swiss formula
A. Reduces the tariff disparities/differences
B. situation in which the price of domestic like products has declined, due to
the presence of subject imports.
C. situation in which the price of domestic like products has not increased as
it should, due to the presence of subject imports
D. all of above are correct
Câu 72 Country A imposes a quota of 5,000 tone sugar. Who collects rent?
Suppose that the country A auctions this quota
A. Country A consumers
B. Country A producers
C. Country A exporters
D. Country A governments
Câu 73 Dumping does not occur if normal value of a product is
A. less than its import price
B. more than its export price
C. less than its export price
D. more than its import price
Câu 74 What is the aim of this financial measure: “Foreign exchange is not
allocated for imports of jewelry”?
A. to regulate the access of foreign exchange
B. to reduce demand exchange rate
C. to increase the cost of foreign exchange
D. SPS
Câu 75 Country A announced that: “the maximum residue level of pesticides in
vegetables is restricted not exceeding 0.025% and tested before entry”. What
kind of NTMs are there?
A. Import quota
B. NTMs
C. TBT
D. SPS
Câu 76 The US Food Safety Modernization Act 2011 regulates: (Food safety, Food
processing, Food packaging)
A. Shipment inspection requirements
B. Food selecting
C. Food packaging
D. Food security
Câu 77 Foreign exporters receive rent from:
A. Government procurement
B. Voluntary export - restraint
C. Foreign importers
D. Export quota
Câu 78 Australia announced that: “sweeteners for cake preservation are
restricted not to exceed 5 mg per kg”. What kind of NTMs is?
A. SPS
B. Import restriction
C. TPT
D. Import licence
Câu 79 Which one is NOT Technical regulation?
A. Shipment inspection requirements
B. Traceability requirements
C. Testing requirements
Câu 80 Conditions for the application of antidumping measures are:
A. Dumped imports
B. Injury to domestic industry producing the like product
C. Causal link between dumped imports and the injury
D. All of the above
Câu 81 In which case, anti - dumping measures are NOT imposed?
A. An imported product is sold less than its normal value
B. Unfair practices when they cause injury to domestic industry
C. Environment pollution
D. None of the above
Câu 82 The “first golden age” of trade was:
A. The period from 1890 to 1913, when tariffs were increased between
countries.
B. The period from 1890 to 1913, when steamships and railroads increased
trade.
C. The period between 1919 and 1935.
D. The inter-war period.
Câu 83 When was the WTO established?
A. January 1994
B. January 1995
C. January 1996
D. January 1997
Câu 84 What is WTO’s fundamental principle?
A. Trade with discrimination
B. Freer trade gradually through negotiation
C. Predictability through negotiation
D. Promoting competition
Câu 85 If a country's GDP is $20 trillion, its exports are $1 trillion, its imports are
$1.5 trillion, what is its trade-to-GDP ratio?
A. 5%
B. 7.5%
C. 2.5%
D. 12.5%
Câu 86 Large countries tend to have … shares of trade relative to GDP because…
A. larger… much of their trade occurs internationally
B. smaller… much of their trade occurs internally
C. larger… much of their trade occurs internally
D. smaller… much of their trade occurs internationally
Câu 87 Which one has the highest power in the WTO?
A. General Council
B. Ministerial Conference
C. Ministerial Council
D. General Conference
Câu 88 Which one is the correct answer? Trade remedies are
A. Temporary measures to deal with trade restriction
B. Temporary measures to deal with trade liberalization
C. Permanent measures to deal with trade restriction
D. Permanent measures to deal with trade liberalization
Câu 89 When the large country applies tariff, the more it can lower the world
price,
A. The more it benefits
B. The less it benefits
C. The more the world benefits
D. None of the above
Câu 90 The US imposes a $2.5/kg on imported chicken feet. A Vietnamese
company wants to export 50,000 kg of chicken feet valued $20/kg to the US.
Calculate the tariff revenue of the US government. Because of the H5N1
pandemic, the US temporarily prohibits importation of products from chickens.
However, they still accept the importation of products from pigs.
A. $125,000 million
B. 0
C. $0.125 million
D. None of the above
Câu 91 Calculate the tariff revenue if the US levies a mixed tariff of 10% ad
valorem or $20/kg specific tariff on imported durian, whichever is lower. Each
kg of durian is worth of $100 and there are 1000 kg of durian imported into the
US.
A. $10,000
B. $20,000
C. $30,000
D. None of them are correct
Câu 92 In 2017 Vietnam has the total value of imports is 236 billion USD and the
total value of exports is 243 billion USD. Vietnam’s GDP is 224 billion USD. What
is the trade balance of Vietnam and its openness index?
A. 7 billion USD and 213.84%
B. 7 billion USD and 3.13%
C. 7 billion USD and 108.48%
D. 243 billion USD and 3.13%
Câu 93 Price of an imported shirt is $200. Price of imported cotton is $160. An
imported shirt is charged 20% ad valorem. What is ERP if tariff on imported
cotton is 30% ad valorem?
A. -20%
B. 20%
C. -25%
D. 25%
Câu 94 A tariff can have… an equivalent quota
A. Similar net welfare effect with
B. More protective effect than
C. Similar net welfare and less protective effect than
D. Similar net welfare and more protective effect than
Câu 95 According to ASCM: Which one is excluded from government subsidy?
A. ODA from developed countries to developing countries
B. The provision of services
C. The provision of goods
D. Direct transfer of funds
Câu 96 Country A imposes that: “For food containers made of polyvinyl chloride
plastic, vinyl chloride monomer must not exceed 1 mg per kg”, which chapter and
section should UNCTAD put this statement on?
A. Chapter B, Section B21
B. Chapter A, Section A22
C. Chapter A, Section A32
D. Chapter A, Section A21
Câu 97 What is the sunset review?
A. Review after at the latest 5 years of applying antidumping measure
C. Chapter B: TBT
D. Chapter A: SPS
Câu 104 Country A imposes an import quota of 20,000 tone sugar priced by
auctioning. Who collects rent?
A. Country A producers
B. Country A exporters
C. Country A consumers
D. Country A Government
Câu 105 Developing countries are negligible if:
A. Volume of the dumped import smaller than 3% of total volume of import
in the importing Member
B. Injury margin is smaller than 3%
C. Dumping margin is smaller than 3%
D. Value of the dumped import smaller than 3% of total value of import in
the importing Member
Câu 106 When countries import more than they export, they have:
A. Trade surplus
B. Trade barrier
C. Trade deficit
D. Trade balance
Câu 107 MFN requires:
A. A WTO member that reduces a tariff on imports from one WTO trading
partner is required to apply the lower tariff to imports from all others
countries
B. A WTO member that increase a tariff on imports from one WTO trading
partner is required to raise the tariff on imports from all others WTO
members
C. A WTO member that reduces a tariff on imports from any trading partner
is required to apply the lower tariff to imports from all others WTO
members
D. A WTO member that increase a tariff on imports from any trading partner
is required to raise the tariff on imports from all others countries
Câu 108 The VN Government announced that: “Deposits of 100% of the
transaction value are required at VCS”. What kind of NTMs are that?
A. Sanitary and phytosanitary
B. Import prohibition
C. Financial measures
D. Import license
Câu 109 According ASCM: What are types of specifility?
A. Enterprise
B. Industry
C. Regional
D. All of the above
Câu 110 Japan announced that: “substances that deplete the ozone layer are not
allowed to import for reasons of national security”. What kind of NTMs is?
A. Import quota
B. Government procurement
C. Import licence
D. Import prohibition
Câu 111 Country A announced that: “All imports of pharmaceutical products and
medicines must be covered by import license because of the industry of
Healths”. What kind of NTMs is?
A. Import prohibition
B. Import license
C. Sanitary and phytosanitary
D. TBT
Câu 112 Iphone is an example of
A. Production involving various country
B. Production involving China and the USA only
C. Production involving China only
D. Production involving USA only
Câu 113 Country A announced that: “Refrigerators must carry a label indicating
size, weight and level of electricity and consumption”. What kind of NTMs is?
A. Import licence
B. TBT
C. Sanitary and phytosanitary
D. import prohibition
Câu 114 When the tariff rate applicable to a product increases with the level of
processing. It is called?
A. Tariff escalation
B. Applied tariff
C. Tariff peak
D. Bound tariff
Câu 115 A minimum quantity that is authorized to import is:
A. Tariff rate - quota
B. Quota
C. Specific tariff
D. Price control
Câu 116 There are 4 producers in the domestic industry, A accounts for 20% of
total production of like products, B 10%, C 13%, and the rest belong to D. The
applicant will be qualified to send an application of antidumping measure if
A. A and C support the application
B. Only C supports the application
C. B and C support the application
D. Only A supports the application
Câu 117 There are 2 exporters exporting the same product to country X.
Exporter A sells product at $100, exporter B sells product at $130, all at
ex-factory price. The same product is sold in domestic market of A and B at $110,
so:
A. Only exporter A dumped its products
B. None of exporter dumped its products
C. Only exporter B dumped its products
D. Both exporter A and B dumped its products
Câu 118 Calculate the ratio betweenJapanese net national loss from tariff and
GDP if: tariff rate on US imported 4 - seat car is 46.75%; imported quantity
reduced by 4%; import value affected by tariff is 2.4% GDP; GDP is 13500 billion
USD.
A. 3.029 billion USD
B. 3,029 billion USD
C. 0.02%
D. 0.0002%
Câu 119 “An annual quota of 1,224 tons of pork that will only be applied for three
years where there is no restriction on the country of origin of the product”
should be put on:
A. Chapter E, Quota, seasonal, global allocation
B. Chapter E, Quota, temporary, country allocation
C. Chapter E, Quota, temporary, global allocation
D. Chapter E, Quota, seasonal, country allocation
Câu 120 Using underselling method, calculate injury margin with given data:
Price of domestic producer X, Foreign exporter Y, foreign exporter Z are 400,
385, 407 respectively
A. Exporter Y: 14.29% Exporter Z: No injury
B. Exporter Y: 12.50% Exporter Z: 7.5%
C. Exporter Y: 3.9% Exporter Z: No injury
D. Exporter Y: 14.29% Exporter Z: 8.11%
Câu 121 According to ASCM: Which subsidy is prohibited?
A. Import subsidy
B. Private donation
C. Export subsidy
D. Private subsidy
Câu 122 Using undercutting method, calculate injury margin with given data:
price of domestic producer X, foreign exporter Y, foreign exporter Z are 330,
328, 345 respectively:
A. Exporter Y: 0.61% Exporter Z: No injury
B. Exporter Y: 10.67% Exporter Z: No injury
C. Exporter Y: 9.64% Exporter Z: 4.96%
D. Exporter Y: 10.67% Exporter Z: 5.22%
Câu 123 Calculate dumping margin with given data: CIF sale price is 450,
excluded cost of normal value, producer X, producer Y are 30, 60, 65,
respectively.
A. Producer X: 6.67% Producer Y: 7.78%
B. Producer X: 15.38% Producer Y: 16.88%
C. Producer X: 7.69% Producer Y: 9.09%
D. Producer X: 16.88% Producer Y: 7.69%
Câu 124 Given information as follows: The out of producers submitting the
application, Producers expressing support for the application but not involved in
submitting it, Producers expressing opposition to the application, Producers not
expressing an opinion about the application are 40, 35, 50, 25 respectively.
Dumping submission conditions are approved if the support is:
A. 50% and 68.18%
B. 60% and 68.18%
C. 60% and 50%
D. 50% and 60%
Câu 125 According to the GATT, a tariff applied under the safeguard provision
must:
A. Apply to all imports
B. Be permanent
C. Be no higher than 10%
D. Be temporary
Câu 126 Which legislations are involved in antidumping case?
A. GATT
B. ADA
C. All the them
D. Domestic legislation
Câu 127 121. The out of producers submitting the application, Producers
expressing support for the application but not involved in submitting it,
C. Food packaging
D. All of the above
Câu 141 Trade remedies can be understood in other word like:
A. NTMs
B. Safety values
C. NT
D. MFN
Câu 142 Calculate Russia net national loss from tariff if: Tariff rate on Bangladesh
imported clothes is 15%; imported quantity reduced by 9.4%; import value
affected by tariff is 3.3% GDP; GDP is 1.178 billion USD
A. 2,740.617 billion USD
B. 0.548 billion USD
C. 0,274 billion USD
D. 0.274 billion USD
Câu 143 When determining injury in an antidumping case, the injury is
A. Material
B. Potential
C. Actual
D. Material or potential threat to material injury
Câu 144 Calculate Japanese net national loss from tariff if: tariff rate on Thailand
imported 16 - seat car is 76.5%; imported quantity reduced by 16%; import value
affected by tariff is 2.3% GDP; GDP is 13500 billion USD.
A. 0.14%
B. 19.003 billion USD
C. 0,14%
D. 19,003billion USD
Câu 145 “Reference prices for agricultural products are based on the farm-gate
price, which is the net value of the product when it leaves the farm, after
marketing costs have been subtracted” should be put on:
A. Chapter on Measures affecting competition
B. Chapter on Finance measures
C. Chapter on Price control measures
D. Chapter on TBT
Câu 146 Calculate dumping margin with given data: CIF sale price is 350,
excluded cost of normal value, producer X, producer Y are 20, 42, 45,
respectively.
A. Producer X: 6.29% Producer Y: 7.14%
B. Producer X: 13.63% Producer Y: 14.75%
C. Producer X: 7.14% Producer Y: 8.2%