FiltersDone

Question type

Essay

Multiple Choice

Short Answer

True False

Matching

Exam 25: International Law in a Global Economy

Show Answer

Share

---

All types

Filters

Study FlashcardsPractice ExamLearn

Question 31

Multiple Choice

Review LaterAdd Note

Review Later

Wrugged Woolens, Inc., a U.S. corporation, sets up a specialized marketing organization in Scotland by appointing a foreign agent. This is called

A) direct exporting.
B) indirect exporting.
C) a joint venture.
D) piracy.

E) B) and D)
F) B) and C)

Correct Answer

verified

Show Answer

Question 32

True/False

Review LaterAdd Note

Review Later

Foreign exchange markets comprise a worldwide system for buying and selling currency.

A) True
B) False

Correct Answer

verified

Show Answer

Question 33

Multiple Choice

Review LaterAdd Note

Suisse Internationale, a Swiss maker of athletic equipment, enters into a price fixing agreement with Total World Sports, a U.S. wholesaler of Suisse's products. U.S. courts will apply U.S. antitrust laws if

WiFi Corporation, a U.S. firm, signs a contract with Bueno Computadores, Ltd., an Argentinean firm, for a shipment and payment for WiFi's goods. This is

Bulbous Cordials, Inc., a U.S. firm, enters into an agreement with Columbiana Cacao, S.A., a South American firm, to fix the price of dark chocolate in the U.S. market. If the agreement is a per se violation of U.S. antitrust laws, a U.S. court could exercise jurisdiction over

Restrictions on imports may include quotas.

Quality Energy Company, a U.S. firm, and Royal Petro, a Dutch firm, en?ter into a contract that includes an arbitration clause. This clause must provide that the arbitrator will be

International franchisees usually do not pay fees for the license to use a trademark or trade name.

Dumping is the exporting of environmentally polluting goods to a foreign market.

The act of state doctrine provides that the executive branch of one country will not examine the validity of public acts committed by a recognized foreign government within its own territory.

According to the Foreign Sovereign Immunities Act, a foreign state that waived its immunity by implication is subject to the jurisdiction of the U.S. courts.

A tariff is always a flat rate per unit.

The Foreign Sovereign Immunities Act spells out what a "foreign state" includes.

Optima Medico Corporation, a U.S. firm, signs a contract with Pharma Beneficial, Ltd., a Canadian firm, to give Pharma the right to sell Optima's products in Canada. This is

Wytex, Inc., a U.S. firm, and Findora Commercial, a Nigerian firm, are parties to a contract that specifies that the official language of the contract is English. This is

Under the Foreign Sovereign Immunities Act, a foreign state can be a political subdivision of a foreign state.

Confiscation occurs when a government seizes private property for an illegal purpose or without just compensation.

Senator Brown and other politicians want to restrict the flow of technologically advanced products and data from the United States to other countries. To restrict or encourage exports, Congress can

The doctrine of sover?eign immu?nity cannot immunize a foreign nation from the jurisdiction of U.S. courts.

Under the principle of comity, all foreign governments are subject to all U.S. laws.