You plan to enter the export market with a new product that you ...

[bclement10]

You plan to enter the export market with a new product that you have just developed. You feel that the product has great promise, but you are confused over whether you are required to obtain an export license. Further, your brother-in-law says that he knows someone in the Japanese government who could greatly assist you in your endeavors for a very modest fee. Discuss this situation.

Question 2

Which of the following actions is not prohibited by The Foreign Corrupt Practices Act?
 A) offers of payments to government officials to influence a decision on behalf of the firm making the payment
 B) payments to government officials to influence a decision on behalf of the firm making the payment
 C) payments to low-level officials for expediting the performance of routine government services
 D) all of the above actions are prohibited by The Foreign Corrupt Practices Act

[Leostella20]

Answer to Question 1

International trade is well-regulated in the United States. The majority of the appropriate regulations come from the Export Administration Regulations. Current Export Administration Regulations simplify the export process, seeking thereby to enhance export trade by U.S. citizens. For example, no license is required unless the regulations affirmatively require a license. However, when no license is required, the exporter must fill out a Shipper's Export Declaration and attach it to the bill of lading from shipment with the goods being exported.
Your brother-in-law may be leading you directly into a violation of the Foreign Corrupt Practices Act, as the prospective payment to the Japanese official would be primarily designed to influence a business transaction decision, rather than to expedite routine governmental services.
If you need assistance, a better option is to consider using a licensed foreign freight forwarder. They are in the business of handling the exporting of goods to foreign destinations and can attend to all of the essential arrangements required.

Answer to Question 2

C