IEI301_Chap 15

The Bureau of Industry and Security (BIS) is the primary licensing agency for dual use exports.

• True

• False

AES is a system that allows electronic submission of license applications through private vendors.

• True

• False

The EAR applies only to U.S.–based companies, not including individuals in the United States.

• True

• False

Since the events of September 11, 2001, the U.S. government introduced certain restrictions on exports, including which of the following?

• The prohibition of the conduct of business with any group whose names appear on the lists of denied persons maintained by the Office of Foreign Assets Control

• A deemed export license required before foreign nationals engaged in research in the United States receive technology or technical data on the use of export-controlled equipment/materials

• Efforts to strengthen the multilateral regime on export controls

• All of above

Which service has an automated voice response system that provides applicants with the status of their license and product classification applications?

• EAR

• STELA

• ELAIN

• ERIC

Some exceptions to the antiboycott prohibitions include which of the following?

• Compliance with import requirements of a boycotting country

• Compliance with a boycotting country’s requirements regarding shipment and transshipment of exports

• Compliance with immigration, passport, visa, employment, and local requirements of aboycotting country

• All of the above

The .....................of 1977 was enacted as a public response to the Watergate Scandal and the disclosure of corrupt payments by U.S. multinationals to foreign government officials in order to obtain business.

• FCOPA

• FERPA

• FCPA

• REFA

The is a tax deferral vehicle (on the first $10 million U.S. export sales) that can be used by small and medium sized exporting companies.

• IC-DISC

• IC-ISDC

• IC-CISD

• IC-SIDC

According to FCPA, criminal penalties may reach up to $2 million for public corporations and domestic concerns and $100,000 and/or a maximum of five years for which of the following parties?

• Officers

• Directors

• Employees

• All of the above