Question 1

The management of Sport Shoes Corporation, a U.S. firm, wants to expand into foreign investment and employment markets. They are considering either opening their own production facility in a foreign country or entering into a licensing agreement with a foreign firm. What are the advantages and disadvantages of each of these courses of action?

Accepted Answer

One of the advantages of opening a wholl...

Question 2

The United States taxes most goods imported from China at a flat rate. This is

Accepted Answer

A)  an antidumping duty.
B)  a dumping duty.
C)  a quota.
D)  a tariff.E) A) and B)
F) A) and C)

Question 3

A U.S. court will likely uphold a contract created in the United Kingdom because the U.K.'s laws are generally compatible with those of the United States.

Accepted Answer

A) True 
 B)False

Question 4

The parties to an international contract can indicate what court, jurisdiction, or tribunal will decide any disputes arising under the contract.

Accepted Answer

A) True 
 B)False

Question 5

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

Accepted Answer

A)  the agreement was made in Switzerland.
B)  the agreement was made in the United States.
C)  the price fixing has a substantial effect on U.S. commerce.
D)  the Swiss government agrees to be sued in the United States.E) All of the above
F) C) and D)

Question 6

An allegation that certain imported goods infringe on a U.S. firm's patents will be investigated by the Export-Import Bank of the United States.

Accepted Answer

A) True 
 B)False

Question 7

Nakeya and other foreign citizens allege environmental destruction committed overseas by the government of Cameroon on behalf of Global Mining Company, a U.S. firm. To seek redress for their injuries in a U.S. court, these citizens can

Accepted Answer

A)  subject the private company to the provisions of the Sherman Act.
B)  bring civil suits under the Alien Tort Claims Act.
C)  file criminal complaints under Title VII of the Civil Rights Act.
D)  do nothing.E) B) and C)
F) None of the above

Question 8

A U.S. employer operating in a foreign country must abide by U.S. discrimination laws even if doing so violates the laws of that foreign country.

Accepted Answer

A) True 
 B)False

Question 9

U.S. antitrust laws can protect foreign consumers and competitors from violations committed by U.S. citizens and companies.

Accepted Answer

A) True 
 B)False

Question 10

Global Project, a U.S. firm, owns property in Hong Kong. The government of China seizes the property. The firm claims that this is confiscation . The government claims that it is expropriation . The difference concerns

Accepted Answer

A)  the location of the seizure and the nature of its government.
B)  the purpose of the seizure and the payment of compensation.
C)  the business of the firm and the citizenship of its owners.
D)  none of the choices.E) A) and B)
F) A) and C)

Question 11

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

Accepted Answer

A)  the European market.
B)  France.
C)  the United States.
D)  the world market.E) A) and B)
F) None of the above

Question 12

Nations impose laws to restrict or facilitate international business because business activities can affect national interests.

Accepted Answer

A) True 
 B)False

Exam 24: International and Space Law

Correct Answer
verified
One of the advantages of opening a wholl...
View Answer

The United States taxes most goods imported from China at a flat rate. This is

Correct Answer
verified

U.S. antitrust laws can protect foreign consumers and competitors from violations committed by U.S. citizens and companies.

Correct Answer
verified

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

Correct Answer
verified

A U.S. court will likely uphold a contract created in the United Kingdom because the U.K.'s laws are generally compatible with those of the United States.

Correct Answer
verified

Global Project, a U.S. firm, owns property in Hong Kong. The government of China seizes the property. The firm claims that this is confiscation . The government claims that it is expropriation . The difference concerns

Correct Answer
verified

Nations impose laws to restrict or facilitate international business because business activities can affect national interests.

Correct Answer
verified

The parties to an international contract can indicate what court, jurisdiction, or tribunal will decide any disputes arising under the contract.

Correct Answer
verified

An allegation that certain imported goods infringe on a U.S. firm's patents will be investigated by the Export-Import Bank of the United States.

Correct Answer
verified

A U.S. employer operating in a foreign country must abide by U.S. discrimination laws even if doing so violates the laws of that foreign country.

Correct Answer
verified

Nakeya and other foreign citizens allege environmental destruction committed overseas by the government of Cameroon on behalf of Global Mining Company, a U.S. firm. To seek redress for their injuries in a U.S. court, these citizens can

Correct Answer
verified

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

Correct Answer
verified

Exam 24: International and Space Law

Correct AnswerverifiedOne of the advantages of opening a wholl...View AnswerShow Answer

The United States taxes most goods imported from China at a flat rate. This is

Correct AnswerverifiedShow Answer

U.S. antitrust laws can protect foreign consumers and competitors from violations committed by U.S. citizens and companies.

Correct AnswerverifiedShow Answer

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

Correct AnswerverifiedShow Answer

A U.S. court will likely uphold a contract created in the United Kingdom because the U.K.'s laws are generally compatible with those of the United States.

Correct AnswerverifiedShow Answer

Global Project, a U.S. firm, owns property in Hong Kong. The government of China seizes the property. The firm claims that this is confiscation . The government claims that it is expropriation . The difference concerns

Correct AnswerverifiedShow Answer

Nations impose laws to restrict or facilitate international business because business activities can affect national interests.

Correct AnswerverifiedShow Answer

The parties to an international contract can indicate what court, jurisdiction, or tribunal will decide any disputes arising under the contract.

Correct AnswerverifiedShow Answer

An allegation that certain imported goods infringe on a U.S. firm's patents will be investigated by the Export-Import Bank of the United States.

Correct AnswerverifiedShow Answer

A U.S. employer operating in a foreign country must abide by U.S. discrimination laws even if doing so violates the laws of that foreign country.

Correct AnswerverifiedShow Answer

Nakeya and other foreign citizens allege environmental destruction committed overseas by the government of Cameroon on behalf of Global Mining Company, a U.S. firm. To seek redress for their injuries in a U.S. court, these citizens can

Correct AnswerverifiedShow Answer

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

Correct AnswerverifiedShow Answer

Correct Answer
verified
One of the advantages of opening a wholl...
View Answer

Correct Answer
verified

Correct Answer
verified

Correct Answer
verified

Correct Answer
verified

Correct Answer
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Correct Answer
verified

Correct Answer
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Correct Answer
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Correct Answer
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Correct Answer
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Correct Answer
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