Choose one product (you will be given two options feel free to pick ONE). In the end, you will write up a report for your supervisor making a recommendation. You will choose an imported product or an export product (importing or exporting from the United States). Then you will need to do the analysis and provide the pros and cons of either sourcing the product or selling the product internationally. You will need to analyze the costs, the lead time, the risks, and the benefits. I want to see product and cost details and a proposal.

*Please answer using the American dollar $ currency*

STEPS:

Import: Germany or India - Music MP3 player with headphones

OR

Export: Germany or France - Shampoo for eczema (medicinal)

1. Identify the HS code for the chosen product (HS code should be related to a similar product), what tariffs and duties are applied by the country of import when imported. Create a spreadsheet to calculate.

2. What about the shipping costs? What will that add to the price?

3. What concerns have about potential issues or import problems (regulations, safety, etc).