Exam 24: International and Space Law

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Restrictions on imports include tariffs.

(True/False)
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Renew Energy Company, a U.S. firm, and Seawater Petro, a Dutch firm, enter into a contract that includes an arbitration clause. This clause must provide that the arbitrator will be

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

(Multiple Choice)
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A foreign state is immune from the jurisdiction of U.S. courts as long as the state is involved in commercial activity in the United States.

(True/False)
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A treaty is a contract or other agreement between two or more nations that must be ratified by the United Nations to take effect.

(True/False)
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Northwest Resources, Inc., and Midwest Commodities Corporation are exporting firms that join together to export a line of products. Northwest Resources and Midwest Commodities apply to Commerce Bank for a loan to fund their effort. Under federal law, Commerce and other U.S. banks are

(Multiple Choice)
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The Outer Space Treaty provides that a nation retains jurisdiction over objects on its space registry that are launched into space. The treaty also prohibits interference with space activities. In effect, these provisions

(Multiple Choice)
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Significant business develops in Spain for Graphic Comix, Inc., a U.S. firm. Graphic Comix appoints Comicas Graphico, Ltd., a Spanish firm, to act as Graphic Comix's marketing representative in Spain. This is

(Multiple Choice)
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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?

(Essay)
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The primary goal of the North American Free Trade Agreement is to eliminate tariffs among the United States, Canada, and Mexico.

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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.

(True/False)
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Munchies Bistro Corporation, a U.S. firm, signs a contract with Manger au Brasserie, S.A., a French firm, to give Manger the right to use Munchies's trademark in restaurants in France. This is

(Multiple Choice)
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U.S. laws that prohibit discrimination in employment apply to U.S. employees working for U.S. firms located abroad.

(True/False)
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The basis for India to give effect to the laws and court decisions of the United States is primarily

(Multiple Choice)
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A party to a licensing agreement generally agrees to pay royalties on some basis.

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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.

(True/False)
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The United States taxes each barrel of imported oil at a flat rate. This is

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

(True/False)
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The doctrine of sovereign immunity can immunize a foreign nation from the jurisdiction of U.S. courts.

(True/False)
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The chief aim of the World Trade Organization is to minimize trade barriers among its members.

(True/False)
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