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Essay / Research Paper Abstract
This 3 page paper looks at the some of the legal and ethical issues that a firm may encounter when they look at exporting their goods to a foreign country. The bibliography cites 5 sources.
Page Count:
3 pages (~225 words per page)
File: TS14_TEexporleg.rtf
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Unformatted sample text from the term paper:
most apparent. Depending on what goods are to be exported the first legal challenge may be in the home state and the need to obtain an export license. For example,
if a US firm wants to export any goods to do with information technology or any high tech products the likelihood is that they will need an export license (Armbruster,
2008). The aim of the measures are to "prevent U.S. technology and high-tech products with either direct or indirect potential military applications from getting into the wrong hands" (Armbruster, 2008).
However, in many instances it acts as a barrier to the way that exports can take place, as gaining a license can involve a great deal of time and a
lot of paperwork, which can also be costly due to the time and resources it takes to complete. The requirement for export licenses are not limited to high tech
industries, there many other areas of commerce where export licenses are required, such as within the oil and gas industry (Dittrick, 2008) as well as other areas. It is not
only the goods that be exported that will be subject to export licensing requirements, the country that the goods are to go to may also have an impact, as De
Monte found when they wanted to export food to Iran (Anonymous, 2007). A license is required to export to Iran as they are classified as supporting terrorism, and any firm
needs to renew this license annually (Anonymous, 2007). Del Monte found that even where there were no objections by the state department, there can be delays, in this case the
company had to take court action due to the unexplained delays, which appeared to be simply a bureaucratic process (Anonymous, 2007). When the export barrier is overcome in the
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