58. Which statement is TRUE regarding this shipment of fabric? Cotton fiber of heading 5201 from Mali carded and combed and spun into yarn in Morocco Elastomeric yarn formed in the US Knit in Morocco into 95% cotton/5% elastomeric fabric Fabric shipped from Morocco to the US
A. The elastomeric yarn disqualifies this fabric from United States- Morocco Free Trade Agreement
B. This fabric does not qualify for United States-Morocco Free Trade Agreement preference because it doesn’t make the necessary tariff shift
C. This fabric qualifies for preferential treatment under the United States-Morocco Free Trade Agreement
D. This shipment does not qualify for Caribbean Basin Trade Partnership Act because it does not meet the direct shipment requirement
E. This fabric qualifies for preferential treatment under GSP
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The Answer is: C
Citation: HTS Chapter 98, Subchapter XIX, US Note 65
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