WorksheetsIEI301_Chap 15
Total questions: 9
Worksheet time: 5mins
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
