BLAW 3310 Final Questions and Answers with Verified Solutions |
Latest 2026 Update
Q: Product bans
Answer:
used to prohibit imports on certain products such as explosives, weapons,
narcotics, products made from endangered species, or products that don't meet safety
or
pollution requirements.
Q: Dumping
Answer:
the practice of charging a lower price in the export market than in the home
market
Q: Anti-Dumping Duty
Answer:
If it is determined that goods are being dumped, this tax is imposed.
,BLAW 3310 Final Questions and Answers with Verified Solutions |
Latest 2026 Update
Q: Export restrictions
Answer:
Government may impose these when the sale of a good may:
injure domestic industry (exporting a raw material in short supply)
jeopardize national security (selling military hardware to the wrong country)
conflict with national policy (selling goods to a country that supports terrorist
activities)
Q: Arms Export Control Act
Answer:
imposes restrictions on the export of weapons and technology that
can be used to make weapons.
,BLAW 3310 Final Questions and Answers with Verified Solutions |
Latest 2026 Update
Q: Business Structures in International Markets
Answer:
1) Direct sales-to end user
2) Offshoring
3) Outsourcing
4) Franchise agreements
5) Foreign sales agent
6) Foreign manufacturing
7) Joint venture agreement
8) Wholly owned subsidiary
9) Nationalization
Q: Foreign Manfacturing
Answer:
-reduce shipping, labor, and material costs
help secure long-term contracts to supply goods in that country
avoid import restrictions or tariffs imposed by the host country
, BLAW 3310 Final Questions and Answers with Verified Solutions |
Latest 2026 Update
Q: Wholly owned subsidiary
Answer:
a business owns the operation
Q: Joint venture
Answer:
Sharing ownership with foreign partners
Q: Franchise agreement
Answer:
a contract that allows access to patents, technology, and to sell
products or services in exchange for a fee
Q: Outsourcing
Answer:
using suppliers outside the company to provide serivce
Latest 2026 Update
Q: Product bans
Answer:
used to prohibit imports on certain products such as explosives, weapons,
narcotics, products made from endangered species, or products that don't meet safety
or
pollution requirements.
Q: Dumping
Answer:
the practice of charging a lower price in the export market than in the home
market
Q: Anti-Dumping Duty
Answer:
If it is determined that goods are being dumped, this tax is imposed.
,BLAW 3310 Final Questions and Answers with Verified Solutions |
Latest 2026 Update
Q: Export restrictions
Answer:
Government may impose these when the sale of a good may:
injure domestic industry (exporting a raw material in short supply)
jeopardize national security (selling military hardware to the wrong country)
conflict with national policy (selling goods to a country that supports terrorist
activities)
Q: Arms Export Control Act
Answer:
imposes restrictions on the export of weapons and technology that
can be used to make weapons.
,BLAW 3310 Final Questions and Answers with Verified Solutions |
Latest 2026 Update
Q: Business Structures in International Markets
Answer:
1) Direct sales-to end user
2) Offshoring
3) Outsourcing
4) Franchise agreements
5) Foreign sales agent
6) Foreign manufacturing
7) Joint venture agreement
8) Wholly owned subsidiary
9) Nationalization
Q: Foreign Manfacturing
Answer:
-reduce shipping, labor, and material costs
help secure long-term contracts to supply goods in that country
avoid import restrictions or tariffs imposed by the host country
, BLAW 3310 Final Questions and Answers with Verified Solutions |
Latest 2026 Update
Q: Wholly owned subsidiary
Answer:
a business owns the operation
Q: Joint venture
Answer:
Sharing ownership with foreign partners
Q: Franchise agreement
Answer:
a contract that allows access to patents, technology, and to sell
products or services in exchange for a fee
Q: Outsourcing
Answer:
using suppliers outside the company to provide serivce
