15-10 In this project you’ll use the web to research overseas distributors and customs regulations and use Internet-based software to calculate prices in foreign currencies.

You are in charge of marketing for a U.S. manufacturer of furniture that has decided to enter the international market. You want to test the market by contacting a European office furniture retailer to offer it a specific desk that you have to sell at about $165. Using the web, locate the information needed to locate and contact this firm and to find out how many euros you would get for the chair in the current market. In addition, consider using a universal currency converter website, which determines the value of one currency expressed in other currencies.

Obtain both the information needed to contact the firm and the price of your chair in its local currency.

Then locate and obtain customs and legal restrictions on the products you will export from the United States and import into the country of the retailer you have selected. Finally, locate a company that will represent you as a customs agent and gather information on shipping costs.