How many sections and chapters are included in the Harmonized Code?

The correct choice is based on the structure of the Harmonized System (HS) commonly used for international trade. It is organized into a comprehensive framework that includes 21 sections and 99 chapters, allowing for a systematic classification of goods.

The 21 sections group related chapters together under broader categories, providing a logical structure to categorize various types of products and commodities. Each of the 99 chapters further breaks down these sections into more specific classifications, defining particular goods or product groups.

This organization helps customs authorities around the world to apply tariffs and regulations correctly and enables businesses to better understand and navigate international trade. Understanding the structure of the Harmonized Code is essential for professionals involved in global trade, as it impacts how goods are classified and taxed.