Question

What is the primary purpose of the customs clearance process in import trade?

Options

• To ensure goods against damage.

• To authorize goods to enter the domestic market.

• To appoint a shipping agent.

• To negotiate payment terms with the exporter.

Answer 1

To authorize goods to enter the domestic market.

Explanation:

Customs clearance confirms all legal requirements are met, enabling goods to be formally imported and released into the local market.