Simco (https://simcodrill.com/) has been contacted by someone in Lithuania who wants to purchase drilling equipment. Are there any people in Lithuania to whom the firm cannot sell?
Simco (https://simcodrill.com/) has been contacted by someone in Lithuania who wants to purchase drilling equipment. Are there any people in Lithuania to whom the firm cannot sell?
Chapter1: Taking Risks And Making Profits Within The Dynamic Business Environment
Section: Chapter Questions
Problem 1CE
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Simco (https://simcodrill.com/) has been contacted by someone in Lithuania who wants to purchase drilling equipment. Are there any people in Lithuania to whom the firm cannot sell? Is the product considered "dual use" and/or does it require an export license? If it requires an export license, briefly discuss the agency involved and how an export license would be sought.
Gerbs (https://www.mygerbs.com/) is considering the sale of dry roasted pumpkin seeds (an allergy friendly food) to some consumers in Lithuania. Are there phytosanitary requirements? What would the import tariff be for Lithuania?
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