[Solved] Following Study Questions
Answer the following study questions:
- What import restrictions could be placed on imported items?
- Why is volume important to an import?
- Why should an importer be aware of any laws that may affect purchase?
- What is an export quota?
- What is a customs broker?
- What is a Port of entry?
- What is a deferred duty program?
- What are terms of purchase?
- What is a confidentiality and non-disclosure agreement?
- What is a consignment and what are the potential benefits of this type of transaction?
what is the CBP, and what are its mission and purposes?