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Questions and Answers
Which goods are cleared through an informal entry process?
Which goods are cleared through an informal entry process?
- Goods with a higher FOB or FCA value
- Goods declared for consumption
- Personal and household effects or goods in commercial quantity
- Goods imported in a passenger's baggage or mail (correct)
How often is the amount adjusted by the Secretary of Finance?
How often is the amount adjusted by the Secretary of Finance?
- Every 5 years
- Every year
- Every 2 years
- Every 3 years (correct)
What does CPI stand for?
What does CPI stand for?
- Customs and Product Inspection
- Central Processing Information
- Consumer Price Index (correct)
- Commercial Price Index
