Exam 41: International and World Trade Law

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The North American Free Trade Agreement set immigration and emigration quotas on the signatory countries in order to assist in economic control.

(True/False)
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The "act of state" doctrine states that judges of one country are free to question the validity of all acts committed by another country.

(True/False)
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A treaty is an agreement or a contract between two (2)or more nations that is formally signed by an authorized representative and ratified by the supreme power of each nation.

(True/False)
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The European Union represents more than 500 million people and a gross community product that exceeds that of the United States,Canada,and Mexico combined.

(True/False)
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Members of the European Union have delegated substantial powers to the European Union Commission,including the authority to enact legislation and to take enforcement actions to ensure member compliance with the European Union treaty.

(True/False)
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Discuss the proposed regional "Free Trade Area of the Americas," and what area it would cover.Would this agreement be beneficial to the United States and other countries,or would the costs outweigh the benefits?

(Essay)
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A state may legally impose a large tax on foreign goods sold within the state,if the tax is designed to protect a state industry.

(True/False)
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Which of the following is not an agency of the United Nations?

(Multiple Choice)
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Appeals from decisions made by the dispute settlement body of the World Trade Organization are heard by the International Court of Justice.

(True/False)
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One criticism of the World Trade Organization is that it does not have an appellate process for its decisions.

(True/False)
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The proposed "Free Trade Area of the Americas" would amend the North America Free Trade Agreement so that the only participants are the United States and Mexico.

(True/False)
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Any state or local law that unduly burdens foreign commerce is unconstitutional and is a violation of the Foreign Commerce Clause.

(True/False)
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Treaties differ from conventions in that treaties are usually agreements directly between the signatory nations.

(True/False)
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What are the primary sources in the United States Constitution of the federal government's power over international affairs?

(Multiple Choice)
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All members of the United Nations General Assembly are automatically members of the World Trade Organization.

(True/False)
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The UN Security Council is composed of all UN member nations.

(True/False)
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Janet and Henry were married in Bulgaria when they were each fourteen years old.The marriage is valid in Bulgaria.They have now moved to the United States,and there is some question whether their marriage is valid in the United States.Which of the following doctrines would prevent a United States court from questioning the validity of their marriage?

(Multiple Choice)
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Many economists assert that NAFTA is not a "free trade" pact,but is instead a managed trade agreement.

(True/False)
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Should individual states be able to engage in treaties with foreign nations? What problems could arise?

(Essay)
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Which of the following is false regarding OPEC?

(Multiple Choice)
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