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You are returning to the United States from a trip to Europe. You purchased the following items: 2 scarves at $50 each (use your $100 exemption for this one). silver jewelry for $175 chinaware for $200 How much duty must you pay? $ . Overall, what percentage of the cost of these articles do you pay in duty? % If you later find that you have gotten the same goods in the United States for a 20% markup; would you have saved more by buying them in the United States rather than in Europe (ignoring cost of travel)?

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  • You are returning to the United States from a trip to Europe. You purchased the following items: 2 scarves at $50 each (use your $100 exemption for this one). silver jewelry for $175 chinaware for $200 How much duty must you pay? $ . Overall, what percentage of the cost of these articles do you pay in duty? % If you later find that you have gotten the same goods in the United States for a 20% markup; would you have saved more by buying them in the United States rather than in Europe (ignoring cost of travel)?


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