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October 2025, question 71
Valuation, Appraisement and Duty Assessment · Valuation
If the transaction value of similar merchandise cannot be determined, which of the following choices is an acceptable basis of appraisement for imported merchandise?
- The price of merchandise for export to a country other than the United States
- The price of merchandise in the domestic market of the country of exportation
- The minimum value
- The deductive value
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CBP's answer: D. D: The deductive value
Section 152.101(b) lists the appraisal methods in order: transaction value, identical merchandise, similar merchandise, then deductive value. If the transaction value of similar merchandise cannot be determined, deductive value is next (D). CBP's key cites '151.101(b)(4)', but the pinned CFR has this order in 152.101(b)(4). Home-market price, export-to-other-country price and minimum value are not methods.
The deductive value provided for in § 152.105, if the transaction value of similar merchandise cannot be determined; 19 CFR 152.101(b)(4)
Search for: The deductive value provided for in § 152.105
CBP's key cites: 19 CFR 151.101(b)(4)
Question and key from CBP's October 2025 exam and answer key. The walk-through is ours; quotes are from the pinned editions in the reference viewer (HTSUS 2026 Basic, 19 CFR 2025 edition).