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Question 1=

"Export Compliance" Please respond to the following:

"Export documents are import documents." Explain what is meant by this statement and how it applies to the purchasing function.

Select and analyze two functions of the Bureau of Industry and Security, and discuss how they represent the overall mission of the agency.

Question 2=

It means that one cannot work without the other because if documentation from one side is missing, then it will cause problems when dealing with the other. This applies to the purchasing function because without the proper documents - no exchanges can be made from either party. So it is crucial to have complete documentation.

Two functions of the BIS are 1) regulating the export of sensitive goods and technologies 2) assisting other countries on export control and strategic trade issues. Both of these are a part of the bigger picture of the BIS's duties as coordinating the federal governments outreach into the private sector in order to protect infrastructure and enforce cyber security.

Microeconomics, Economics

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