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?

Understanding Business
12th Edition
ISBN:9781259929434
Author:William Nickels
Publisher:William Nickels
Chapter1: Taking Risks And Making Profits Within The Dynamic Business Environment
Section: Chapter Questions
Problem 1CE
icon
Related questions
Question
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?
Expert Solution
Step 1

“Since you have posted multiple questions, we will provide the solution only to the first specified question as per our Q&A guidelines. Please repost the remaining question by mentioning the required sub-parts that need to be answered"

trending now

Trending now

This is a popular solution!

steps

Step by step

Solved in 3 steps

Blurred answer
Knowledge Booster
International trade
Learn more about
Need a deep-dive on the concept behind this application? Look no further. Learn more about this topic, management and related others by exploring similar questions and additional content below.
Similar questions
  • SEE MORE QUESTIONS
Recommended textbooks for you
Understanding Business
Understanding Business
Management
ISBN:
9781259929434
Author:
William Nickels
Publisher:
McGraw-Hill Education
Management (14th Edition)
Management (14th Edition)
Management
ISBN:
9780134527604
Author:
Stephen P. Robbins, Mary A. Coulter
Publisher:
PEARSON
Spreadsheet Modeling & Decision Analysis: A Pract…
Spreadsheet Modeling & Decision Analysis: A Pract…
Management
ISBN:
9781305947412
Author:
Cliff Ragsdale
Publisher:
Cengage Learning
Management Information Systems: Managing The Digi…
Management Information Systems: Managing The Digi…
Management
ISBN:
9780135191798
Author:
Kenneth C. Laudon, Jane P. Laudon
Publisher:
PEARSON
Business Essentials (12th Edition) (What's New in…
Business Essentials (12th Edition) (What's New in…
Management
ISBN:
9780134728391
Author:
Ronald J. Ebert, Ricky W. Griffin
Publisher:
PEARSON
Fundamentals of Management (10th Edition)
Fundamentals of Management (10th Edition)
Management
ISBN:
9780134237473
Author:
Stephen P. Robbins, Mary A. Coulter, David A. De Cenzo
Publisher:
PEARSON