In this class you have learned about the volume, growth and direction of international trade. Export and import of products and services are important to every country’s economic growth. In this assignment, create a short export plan (https://www.export.gov/article?id=Sample-Export-Plan) for a product/service that can be exported to Lithuania. Start with the product/service considerations from the above-mentioned website:
1. What need does my product or service fill in Lithuanian marketplace?
2. Is my product/service culturally accepted in Lithuania?
3. What modifications, if any, must be made to adapt my product for Lithuanian market?
4. Do I need special licenses or certificates from the U.S. or the buyer’s government?
5. Do I need to modify packaging or labeling?
After answering these questions, proceed to the Pricing section of the plan. Please keep the plan short addressing feasibility of exporting a particular product/service to the Lithuanian market.
Length:
5 Pages (excluding cover page, work cited, tables, graphs and charts)
Sources: Industry and academic literature, www. Export.gov (Commercial Country Guide Lithuania)
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