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Exam (elaborations)

Quiz_2 |Elaborations| BUSI 465-Export Management Strategy (BUSI 465)

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Within twenty hours of arrival of a shipment at a U.S. port of entry, the owner/agent must decide whether to enter the goods for consumption or place them in a bonded warehouse or free trade zone.All governments promote exporting because it brings needed foreign exchange and stimulate job expansion. Selected Answer: TruEverywhere else in the world they are called free zones, but in the United States they are called ____________________________At one time, tariffs were the primary means by which the United States raised fund to support the federal government. However, with the introduction of income tax in the early 1900s, tariffs for the purpose of raising revenue to on less importance. Today, the primary purpose of tariffs is toIn June 2002, the WTO council unanimously adopted a resolution on the security and facilitation of international trade supply chain proposed by the United States that resulted inOutsourcing is the practice in which companies move or contract out some or all of their manufacturing or service operations to other company that specialize in those operations or to companies in other countries.The ________________ ____________________ ___________________ __________________is a not-for-profit, nonpolitical association dedicated to the establishment and effective operation of the world trade centers as an instrument for trade expansion.

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