CIPS L6M10 Exam - Topic 4 Question 21 Discussion

Actual exam question for CIPS's L6M10 exam

Question #: 21
Topic #: 4

[All L6M10 Questions]

Which factors can be used to calculate the duty on imported goods in international trade? (Select ALL that apply)

AThe weight and dimensions of the goods

BThe value of the goods based on the invoice value

CThe country from which the goods are imported

DThe country's currency used for payment

EThe type of goods based on the harmonized system of classification

Show Suggested Answer

Suggested Answer: B, C, E

Duties on imported goods are calculated based on invoice value, country of origin, and type of goods (harmonized classification). Weight, dimensions, and currency are not primary factors. [P-134]

by Laticia at Apr 04, 2026, 04:35 PM

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Gail

18 days ago

A and C matter too, right?

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Willard

23 days ago

Definitely B and E are key factors!

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Ruthann

1 month ago

I feel like all these factors could be involved, but I’m uncertain if the weight and dimensions really play a role in calculating duties.

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Macy

2 months ago

I practiced a similar question where the country of origin was a factor, so I think that might be relevant here too.

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Elden

2 months ago

I remember something about the harmonized system of classification being important for determining duties, but I can't recall if the currency used matters.

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Jenelle

2 months ago

I think the value of the goods based on the invoice value is definitely a factor, but I'm not sure about the weight and dimensions.

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