Which one of the following statements is FALSE?
A) Venezuela is a designated beneficiary country of the Andean Trade Preference Act.
B) Puerto Rico is a Beneficiary Country under the Caribbean Basin Economic Recovery Act for purposes of determining the 35% value added requirement under that program.
C) Goods originating in Indonesia that enter the commerce of Singapore for repacking and are then shipped to the United States may qualify for benefits under the Generalized System of Preferences.
D) Croatia is a designated beneficiary of the Generalized System of Preferences.
E) Gibraltar is a beneficiary of the Generalized System of Preferences.
[bg_collapse view=”button-green” color=”#4a4949″ icon=”arrow” expand_text=”Show Answer and Citation” collapse_text=”Hide Answer and Citation” ]
The Answer is: A
Citation: GN 11(a)
[/bg_collapse]