What can result from a failure to comply with customs regulations?

Failing to comply with customs regulations can lead to penalties and fines because customs authorities have established strict rules intended to protect national security, public health, and economic policy. These regulations require accurate reporting of shipments, proper documentation, and adherence to trade laws. When businesses fail to meet these requirements, they can face various sanctions, including financial penalties, additional scrutiny, or even a ban from future imports. The enforcement of these penalties serves as a deterrent to ensure compliance and maintain integrity within the trade system.

In contrast, other choices present outcomes that do not align with the consequences of non-compliance. A decrease in import prices generally relates to market dynamics rather than compliance issues, faster customs processing is more likely associated with proper documentation and compliance rather than failure, and increased trade opportunities are contingent on companies adhering to regulations and maintaining a good standing with customs authorities.