Certified Supply Chain Professional (CSCP) Practice Exam

What type of export license permits the export of most goods with restrictions?

1. Specific export license

2. Validation export license

3. General export license

4. Temporary export license

The correct answer is: General export license

A general export license is designed to facilitate the export process by allowing the shipment of most goods without the need for a specific permit. This type of license streamlines the export process for goods that are not subject to stringent regulations, making it easier for companies to conduct international trade. However, it is important to note that although many items can be exported under a general export license, there are still certain restrictions that may apply. For example, there could be limitations based on the destination country, the end-use of the goods, or the end-user involved in the transaction. In contrast, the other types of licenses mentioned have particular use cases. A specific export license is needed for goods that are more sensitive or subject to stricter controls, typically requiring a more detailed application and review process. A validation export license typically applies to specific situations, often concerning the need for compliance with particular agreements or conditions imposed by regulatory bodies. Lastly, a temporary export license is relevant for items being sent abroad for a limited time, such as for exhibitions or repairs, and does not facilitate the general export of goods.