Exam 54: International and World Trade Law

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An agreement between two or more nations that is formally signed by an authorized representative of each nation and ratified by each nation is known as a(n)________.

(Multiple Choice)
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The secretary-general of the United Nations (UN)is elected by the Security Council.

(True/False)
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The United Nations (UN)Secretariat is headed by the secretary-general of the UN.

(True/False)
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Treaties sponsored by international organizations like the United Nations are known as ________.

(Multiple Choice)
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The United Nations (UN)does not allow permanent membership of the Security Council to any member nation.

(True/False)
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A choice of law clause is a mandatory clause that should be present in every international contract.

(True/False)
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In case of a breach of trade agreements of the World Trade Organization (WTO), which of the following WTO bodies first hears the dispute?

(Multiple Choice)
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The classical Hindu law was based on ________.

(Multiple Choice)
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Explain the Treaty Clause of the U.S.Constitution.

(Essay)
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The Organization of the Petroleum Exporting Countries (OPEC)sets quotas on the output of oil production by its individual member nations.

(True/False)
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________ is a rule which states that judges of one country cannot question the validity of an act committed by another country within that other country's borders.

(Multiple Choice)
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________ 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.

(Multiple Choice)
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The European Union Commission has negligible authority to enact legislations and take enforcement actions compared to the European Union (EU).

(True/False)
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The General Assembly of the United Nations (UN)is ________.

(Multiple Choice)
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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.

(Multiple Choice)
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Individuals and businesses can directly approach the International Court of Justice for cases involving international contracts.

(True/False)
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Which of the following branches of the United Nations is primarily responsible for maintaining international peace and has authority to use armed force for this purpose?

(Multiple Choice)
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Which of the following statements is true of the European Union (EU)?

(Multiple Choice)
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The ________ is a staff of persons that administers the day-to-day operations of the United Nations (UN).

(Multiple Choice)
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Which of the following statements is true of international law?

(Multiple Choice)
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