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Compliance with foreign law

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

respectivo significado en español.

1. Compliance: Conformidad

2. Overlook: pasar por alto

3. Enacted: promulgada

4. Assessment: evaluación

5. Enforcement: aplicación

6. Duties: deberes

7. Bidding: ofertas

8. Barter: Permuta

9. Enact: promulgar

10. Ascertained: comprobado

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

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 to which the

U.S, However, if the customer or distributor is incorrect in the information that it gives to

the exporter, the exporter may pay dearly for having relied solely upon the advice of the

customer.

Incorrect information about foreign law may result in the prohibition of importation of the

exporter’s product, customers often overlook those things that may be of the greatest

concern to the exporter. Foreign manufacturers and trade associations often promulgate

industry standards that are enacted into law or that require compliance in order to sell
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successfully there, 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. The European Community has issued directives relating to safety standards

for the following important products: toys, simple pressure vessels and

telecommunications terminal equipment, machinery, gas appliances, electromagnetic

compatibility, low voltage products, and medical devices, The countries of export

destination may have absolute quotas on the quantity of products that can be imported.

Importation of products in excess of the quota will be prohibited, Sales to foreign

governments, government agencies, or partially government owned private businesses

often involve specialized procedures and documentation, Laws Foreign government

agencies often promulgate regulations that are designed to give preferential treatment to

products supplied by manufacturers in their own country, 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, Many countries impose a value-added

tax on the stages of production and distribution, Foreign countries often enact specialized

laws prohibiting the importation of certain products except in compliance with such laws.

- Grabe el audio en inglés, con el resumen elaborado en el punto anterior.

Link: https://soundcloud.com/deibys-bovea/compliance-with-foreign-law

- Identifique y clasifique las frases en sus diferentes tipos.

1. Unfortunately, customers often overlook those things that may be of the greatest

concern to the exporter.

2. If the buyer will be furnishing items used in the production of merchandise

3. whether an exchange control system exists and an import license is necessary in the

foreign country

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