Two Posts:Discussion(Pricing)

Make sure read Hints bellow File.

Post 1

Assume you are consulting for a firm that wants to export from the United States to “your country”.

We’ll call the firm Link Snack, Inc. and it wants to export packaged Jack Link’s Beef Jerky (http://www.jacklinks.com/). Presume each package costs $1.00.

Link Snack, Inc. needs you to find some information that will help them evaluate the profitability of exporting their products.

If “your country” does not allow the import of beef jerky please choose another country to use for this assignment AND state that fact in your post – list your country and the country you are using for this DB.

They need to know:

(1) How “your country” would classify/categorize their product for the purpose of determining import tariffs. (Tariffs may be called other names such as duties or taxes in different countries)

(2) What import tariffs would apply and how much would they be on the product.

(3) As this is food product, are there any packaging and labeling requirements.

For each of the a above questions, they need a brief response by you and a web link to the resource information you used to make your response.

The following websites may be of assistance:

* United States Department of Agriculture – Exporting Products:

http://www.fsis.usda.gov/wps/portal/fsis/topics/in…

* Country Commercial Guides

http://www.export.gov/ (Under the “Locations” tab, find “your country.”)

* “Your Country’s” trade websites

PLEASE BE SURE TO INCLUDE THE LINKS TO ANY WEBSITES THAT YOU USE AND INDICATE WHAT INFORMATION CAME FROM THAT WEBSITE (IN OTHER WORDS, CITE YOUR SOURCES).

Post 2

Review the submissions your peers made in Post 1. Choose one of your peer’s countries (a different one than you have used previously).

Use the website the Observatory of Economic Complexity (http://atlas.media.mit.edu/en/) to identify a lesser known good that your peer’s country exports (other than petroleum products).

Read “What is Counter Trade” at http://www.barternewsweekly.com/2010/03/what-is-co… .

“Your peer’s country” wants to counter trade that “lesser known good” you selected above for $100,000 worth of Jack Link’s Beef Jerky (from the US). They obviously want more than $100,000 worth of it. Explain HOW Link Snack, Inc. would go about determining how much of that “lesser known good” they need to take in exchange? What factors would they take into account?