VOCABULARY

1. Foreign Country : País extranjero.

2. Industry standards : Estándares de industria.
3. Government contracting : Contratación del gobierno.
4. Import licenses : Licencias de importación.
5. Value – added taxes : Impuesto al valor agregado.
6. Specialized laws : Leyes especializadas.
7. Self – declare compliance : Autodeclaración de
cumplimiento.
8. Trade associations : Asociaciones comerciales.
9. Low voltage products : Productos de baja tension.
10.Exchange controls : Controles de cambio.
 SUMMARY

Incorrect information about foreign law may result

in the prohibition of importation of the exporter´s
product, or it may mean that the customer cannot
resell the product as profitably as expected. As a
result, it may be necessary for the U.S. exporter to
confirm its customer’s advice with third parties,
including attorneys, banks, or government agencies,
to feel confident that it properly understands the
foreign law requirements.
 SENTENCES

SIMPLE SENTENCES:
1. Many countries impose a value – added tax on the stages of production.
2. Government purchases may qualify for customs duty.

COMPOUND SENTENCES:
1. One helpful source of information in the United States is the National Center for
Standards and Certification Information but is not the only one.

COMPLEX SENTENCES:
1. When the importer marks up and resells the goods, it will collect the tax from the
purchaser.
2. 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.