Chapter 13 346 management

Laws and regulations restricting the sale and licensing of goods and technology exported from the US are generally referred to as:

Export Controls

Export Administration Regulations (EAR) promulgated under the original authority of Export administration Act of 1979 are administered by:

- U.S Department of Commerce - US Department of Treasury

An organized refusal of one or more nations to trade with a certain nation or nations, backed by economic sanctions is called

A boycott

EAR applies to commercial and "dual use" items defined to be:

A commercial item that has potential for military, terrorist, or "proliferation" uses

Legal responses by governments that make it unlawful for its citizens or companies to participate in a boycott are called:

Antiboycott laws

In export control regulation, the unlawful transfer, transshipment, rerouting or re-exporting of controlled items or technology is called:

Diversion

_____ are typically the most effective form of sanctions

Multilateral sanctions resulting from passage of resolution by UN Security Council

One of the main areas of scrutiny and review by the government for license applications to export controlled items or technology is for applicants to specify in detail in the application:

The person or entity receiving the item or "end-user."

The policy reasons to support the control and licensing of certain exports include all of the following except:

To promote price stability and affordability of certain products

Large exporting firms typically wish to minimize legal risks of violating export control regulations and all export laws in general. A best strategy for doing this:

Establishment of an export management and compliance program