Exam 26: International and World Trade Law

The EU's ________ is composed of representatives from each member country who meet periodically to coordinate efforts to fulfill the objectives of the treaty.

The Dominican Republic-Central America Free Trade Agreement (DR-CAFTA)disallows its member nations from entering into treaties with countries in Central America that are not part of the DR-CAFTA

What is the World Bank? What is its function?

The European Union is an example of a multilateral treaty.

The United Nations is charged to take enforcement actions to ensure member compliance with the European Union.

________ is a clause in an international contract that designates which nation's court has jurisdiction to hear a case arising out of the contract.

________ is a regional international organization that comprises many countries of Western and Eastern Europe and was created to promote peace and security as well as economic, social, and cultural development.

The Islamic law of Shari'a encourages levying interest on loan payments.

Which of the following is true of the Islamic law of Shari'a ?

The ________ doctrine is based on the principle that a country has absolute authority over what transpires within its own territory. The doctrine states that judges of one country cannot question the validity of an act committed by another country within that other country's borders.

A forum-selection clause designates which nation's court has jurisdiction to hear a case arising out of a contract.

Which of the following is provided under the Foreign Sovereign Immunities Act?

The ________ is a body that prosecutes cases that nations refer to it as well as cases involving treaties and the UN Charter.

What are the implications of the North American Free Trade Agreement (NAFTA)treaty?

Treaties arranged by international organizations like the United Nations are known as ________.

Which of the following is an example of an autonomous agency of the United Nations?

________ are treaties that are sponsored by international organizations, such as the United Nations.

A nation can seek redress on behalf of an individual or a business that has a claim against another country in the International Court of Justice.

Which of the following pairs of constitutional provisions gives the federal government the authority to regulate foreign affairs?

The ________ is an international organization created by a multilateral treaty in 1945 to promote social and economic cooperation among nations and to protect human rights.