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Evidencia 7: Compliance with foreign law

1. Elabore un vocabulario como mínimo de 10 términos técnicos en inglés, con su


respectivo significado en español.

 Exporting: Exportación.
 Profitably: Rentabilidad.
 Shipment: Embarque.
 Seizure: Decomisar.
 Custom Duties: Derechos de aduana.
 Commercial Invoices: Facturas comerciales.
 Government Contracting: Contratción gubernamental.
 Exchange Controls: Controles cambiarios.
 Value-Added Taxes: Impuesto al Valor Agregado.
 Public competitive bidding: Licitación Pública.

2. Elabore un resumen del texto utilizando los diferentes tipos de oración.

Compliance with foreign law Prior to exporting to a foreign country or even agreeing to sell to a
customer in a foreign country, a U.S. company should be aware of any foreign laws that might
affect the sale. Information about foreign law often can be obtained from the customer or
distributor. If the customer or distributor is incorrect in the information, the exporter may pay
dearly. Incorrect information about foreign law may result in the prohibition of importation, or it
may mean that the customer cannot resell the product.

The exporter may confirm its customer’s advice with third parties, including attorneys, banks, or
government agencies, to feel confident. Industry standards Foreign manufacturers and trade
associations often promulgate industry standards that are enacted into law. It may be necessary to
identify such standards. Or, it may be necessary to arrange for the importing customer to make
such modifications. One type of foreign safety standard that is becoming important is the ‘‘CE’’
mark required for the importation of certain products into the European Community, has issued
directives relating to safety standards for toys. Products not conforming to these directives are
subject to seizure and the assessment of fines. The manufacturer must maintain a technical
construction file to support the declaration and must have an authorized representative located
within the European Community.

The ISO 9000 quality standards are becoming increasingly important for European sales. Foreign
customs laws the countries of export destination may have absolute quotas on the quantity of
products that can be imported. Similarly, it is important to identify the amount of customs duties
that will be assessed on the product. It is especially important to confirm that there are no
antidumping, countervailing, or other special customs duties imposed on the products. These
duties may be applied to products imported to the country even if the seller was not subject to the
original antidumping investigation.

Many countries have severe penalties for import violations; for example, France assesses a penalty
of two times the value of the merchandise, India assesses a penalty of five times the value of the
merchandise, and China confiscates the merchandise. Government contracting Sales to foreign
governments, government agencies, or partially government owned private businesses often
involve specialized procedures and documentation. Commissions may be prohibited, or the
disclosure of commissions paid may be required.

Buy American equivalent Laws Foreign government agencies often promulgate regulations that
are designed to give preferential treatment to products supplied by manufacturers in their own
country. Exchange controls and import licenses Unlike the United States, many nations of the
world have exchange control systems designed to limit the amount of their currency that can be
used to buy foreign products. It is extremely important to determine whether an exchange control
system exists and an import license is necessary in the foreign country, what time periods are
necessary to obtain such licenses, and the conditions that must be fulfilled and documentation
that must be provided in order for the importer to obtain such licenses.

Value-added taxes Many countries impose a value-added tax on the stages of production and
distribution. Specialized laws Foreign countries often enact specialized laws prohibiting the
importation of certain products except in compliance with such laws.

3. Identifique y clasifique las frases en sus diferentes tipos.

 Declarative Sentences.
 Imperative Sentences.
 Conditional Sentences.

4. Elabore un gráfico con el cual explique los diferentes ejemplos de cumplimiento con las
leyes extranjeras, utilizando las preposiciones de lugar.

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