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

Limited Time Offer

25%

Off

Get Premium L6M10 Questions as Interactive Web-Based Practice Test or PDF

Contribute your Thoughts:

Submit Cancel

Macy

4 days ago

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

upvoted 0 times

...

Elden

9 days 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.

upvoted 0 times

...

Jenelle

14 days 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.

upvoted 0 times

...