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“A. Visit the website of two customs brokers with offices in YOUR COUNTRY. Private companies are desired. Detail the services that each company provides. Provide contact information for each.”

“After that, respond to each topic you were requested to address in sequence. For each topic, your response should clearly state the question(s) you understood you were to address. Then give a written response to the question that summarizes the source information. Your written response should then be supported with (1) an image that shows the specific source information you used, and (2) a weblink to that source in case your manager wants to seek out additional information”

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A. Using the two relevant maritime ports and the containerized shipping option, get the current market rate estimate in dollars between these two ports. Use the higher end of the range for your calculations. (Use the Freight Calculator tool available at World Freight Rates HERE (Links to an external site.))

3. Calculate CIF. Show all your calculations.

4. Determine tariffs and taxes.

A. Based on the tariff category, determine the tariff percentage and calculate the duty that would be associated with these imported products. Access the US Country Commercial Guide for YOUR COUNTRY HERE (Links to an external site.) and look under the “Customs, Regulations & Standards” tab for Import Tariffs. Use the average tariff rate and calculate it (CIF).

B. Determine the value-added tax (VAT). Access the US Country Commercial Guide for YOUR COUNTRY HERE (Links to an external site.) and look under the “Customs, Regulations & Standards” tab for Import Tariffs or Customs Regulations to get the value-added tax (VAT). You may have to connect to a national website but many have a translation option. Use the average rate and calculate it (CIF+duty amount).

5. Estimate the landed cost. Show your calculations. This video on how to determine total export price HERE (Links to an external site.) will help.

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