A potential buyer in Venezuela contacts your company to order materials to manufacture military weaponry and to order a quantity of a relatively rare natural resource available in your locale.Your ability to legally respond to the request will be influenced by the:
A) Export Administration Act, which may restrict exports if they endanger national security, harm foreign policy goals, or drain scarce materials.
B) Controlled Commodities List, which would deny the export of any commodity on the list.
C) Arms Export Control Act, which permits the Secretary of Commerce to create a list of controlled goods related to military weaponry, which cannot be exported under any circumstances.
D) All of the above.
E) None of the above; what your company exports is a business decision based only on your business's economic factors and resource availability.
Correct Answer:
Verified
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