A U.S. importer contracts the services of a foreign company that works with aluminum to manufacture 300 aluminum windows at $40.00 per window. The manufacturer contacts the U.S. importer and asks him for some special tools to cut the aluminum profiles. The importer agrees to send $500.00 worth of tools to the manufacturer though an air carrier. The carrier charges the U.S. importer $300.00. The importer tells the manufacturer to repay him the $300.00 dollars of the carrier. A month later the U.S. importer receives the 300, cut and assembled, windows accompanied by an invoice for $12000.00 dollars. What is the transaction value?
A. 11200
B. 11800
C. 12000
D. 12200
E. 12800
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The Answer is: E
Citation: 19 CFR 152.103(b)
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