The revised set of export regulations published by the Department of Commerce to alleviate many of the problems and confusions of exporting and to expedite the process is called _____.
A) Agreement on International Trade and Negotiations
B) Export-Import Manual
C) International Trade Regulations
D) Export Charter
E) Export Administration Regulations

Question

Quizplus · Accepted Answer

In an effort to alleviate many of the problems and confusions of exporting and to expedite the process, the Department of Commerce has published a revised set of export regulations known as the Export Administration Regulations (EAR). They are intended to speed up the process of granting export licenses by removing a large number of items from specific export license control and concentrating licensing on a specific list of items, most of which pertain to national security, nuclear nonproliferation, terrorism, or chemical and biological weapons.

The Revised Set of Export Regulations Published by the Department