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Exam 11: International and Space Law

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Question 41

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An export tax imposed by Congress would be unconstitutional.

A) True
B) False

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Question 42

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Wei Ltd., a Chinese firm, imports its goods into the United States and offers those goods for sale at "less than fair value." This is

A) confiscation.
B) a trade barrier.
C) dumping.
D) normal trade relations.

E) A) and B)
F) A) and C)

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Question 43

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The Outer Space Treaty declares that internationally recognized political boundaries extend from Earth into the farthest reaches of space.

Mont Blanc S.A., a French firm, imports its goods into the United States and offers those goods for sale at "less than fair value." Fair value is the price of Mont Blanc's goods in

In an action by a domestic business to attach a foreign nation's property, the plaintiff must prove that the defendant is not entitled to sovereign immunity.

Mining Company, a U.S. firm, owns property in Bolivia. The government of Bolivia seizes the property for an illegal purpose without paying just compensation. This is

Equity International Inc., a U.S. firm, and Finance Invest Ltd., a firm in Great Britain, are parties to a contract with a forum-selection clause. The forum specified in the clause must be within the geographic boundaries of

In direct exporting, a U.S. company sets up a specialized marketing organization in a foreign market by appointing a foreign agent.

By means of an arbitration clause, the parties to an international business contract agree in advance to resolve any dispute without involving a third party.

U.S. law allows U.S. citizens, including private companies to engage in the commercial exploration and exploitation of space resources.

National laws-involving taxes, for example-do not become international law until they are applied beyond a nation's borders.

The government of Japan sets a limit on the amount of beef that can be imported from the United States. This is