O-LevelCommerceGlobal trade7100/12 · May/June 2014 · Q121 Mark

What is the function of a Customs Authority?

Acollecting statistical information on imports and exports

Bdeciding on changes in the rates of customs duties to be charged

Cmaintaining port and airport facilities

Dproviding warehousing for seasonal goods

✓ Correct answer

A: collecting statistical information on imports and exports

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Topic: Global trade, O-Level Commerce (syllabus 7100). Multiple choice, 1 mark.
Source: O-Level Commerce, May/June 2014 Paper 1 Variant 2, question 12.

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