TeachMeFinance.com - explain Export licenses
Export licenses The term 'Export licenses ' as it applies to the area of agriculture can be defined as ' A government document authorizing the export of specific goods in specific quantities to a particular destination. Licenses may be required to export to some countries for most or all goods, and for other countries only under special circumstances. The Office of Export Administration in the Department of Commerce administers the export licensing system under the authority of the Export Administration Act'.
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