You are returning to the United States from a trip to Latin America. You purchased the following items:

4 lace shawls at $25 each (use your $100 exemption for this one).
gold jewelry for $150
chinaware for $215

How much duty must you pay? $ .

What percentage of the cost of all these articles do you pay in duty? %

If you later find that you could have gotten the same goods in the United States for a 30% markup; would you have saved more by buying them in the United States rather than in Latin America (ignoring cost of travel)? Place an x by yes or no.

yes
no