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PRACTICE AND PREPARE FOR THE BROKER EXAM

We Offer An Outstanding Study Guide For $149.99


A satisfied customer writes ...

"April 10, 2009

Between late 2006 and mid-2008, I was responsible for developing and implementing a Customs compliance program and supply chain security program (C-TPAT) for Kidde Residential & Commercial, one of the top 5000 importers in the United States.

As part of that effort, we retained Clement Key as an advisor. Clement’s import/export knowledge places him in the very top tier of all experts in the country. His assistance was invaluable and helped us successfully complete this complex, sometimes arduous project.

One of the tools that Clement provided was the Compliance CD. This software was a catalyst for increased efficiency and was worth its weight in gold. The structure, with its indexing, hot links and explanatory notations, is easy to navigate, enabled quick understanding and saved countless hours. This tool is an essential element of the ongoing compliance program at Kidde.

Additionally, I used this software in conjunction with the Broker Exam Preparation CD to prepare for the April 2008 Customs Broker Exam. The first-time passing rate for this exam is in single digits, usually 3% to 8%. I was fortunate enough to attain a passing grade on this exam. There is absolutely no way this would have been possible without these tools and the always available guidance of Clement Key.

I gladly provide the highest recommendation of Clement Key and the compliance tools he had developed. His services will benefit companies of any size. Please contact me if you require further information.

Paul J. Neville

Director of Client Services

Vaco, LLC"


About Our Outstanding Study Guide



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  • To take the Custom's Broker Exam one must have:

  • Harmonized Tariff Schedule of the United States (2001) [current copy] (USITC Publication 3378)

  • Title 19, Code of Federal Regulations (19 CFR Parts 1 to 199) Revised as of April 15, 2000 (or current)

  • You may use a silent battery-operated calculator.  3 minutes per question !


SOLVE THESE PROBLEMS; CHECK THE SOLUTIONS

75% score is passing !

1. Which does not carry legal weight for classification purposes?

A) Section Notes

B) Chapter Titles

C) Headings

D) Chapter Notes

E) Binding Rulings

CHECK ANSWER 1 SOLUTION

2. Fresh cauliflower, which has not been reduced in size, is exported from Chile on May 12 and imported on June 1st. The broker files the entry on June 6th. What is the correct classification?

A) 0704.10.4000

B) 0710.80.9730

C) 0710.80.7060

D) 0704.10.2000

E) 0712.90.8580

CHECK ANSWER 2 SOLUTION

3. "Fix-It Tool Company" offers its customers a prepackaged starter set of tools. Combined together are twelve screwdrivers of various sizes, a large and small hammer, and three socket wrenches. All the tools are hand-operated and put up in sets for retail sale. What is the proper classification?

A) 8205.40

B) 8205.20

C) 8205.90

D) 8206.00

E) 8204.20

CHECK ANSWER 3 SOLUTION

4. Seller B offers merchandise to Importer A at $3000 less a 3% discount for cash. The buyer remits $2910 in cash for the imported merchandise. What is the transaction value of the merchandise?

A. $2,910

B. There is no transition value so another means of appraisement must be used.

C. $3,000

D. $3.090

E. $2,823

CHECK ANSWER 4 SOLUTION



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Last updated on 07/16/10.