April 2022 — Question 66
Which of the following is the formula for determining the regional value content (RVC) using the net cost method?
- ANet cost minus the value of the originating materials, divided by the net cost, multiplied by 100
- BNet cost minus the value of the non-originating materials, divided by the net cost, multiplied by 100✓ CBP's answer
- CNet cost minus the value of the originating materials, divided by the net cost, multiplied by 100
- DNet cost minus the value of the non-originating materials, divided by the transaction value, multiplied by 100
- ENet cost minus the value of the non-originating materials, multiplied by the transaction value, divided by 100
CBP's cited authority
§ 19 CFR 182 Appendix A Part III Section 7(3) 19 CFR 10.1015(d)(2)
Answer and citations as published in CBP's official answer key for the April 2022 examination.
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