Question

Identify the method which starts with costs of materials, labour, and overheads in producing the imported goods followed by customs duty to add general expenses and profit incurred by the producer.

a. Transaction value

b. ISM value

c. Deductive value

d. Computed value

Answer 1

Answer:

is that formulate is to reduce to, or express in, a formula; to put in a clear and definite form of statement or expression while evaluate is to draw conclusions from examining; to assess