Exam 31: International Law in a Global Economy

Bulbous Cordials,Inc.,a U.S.firm,enters into an agreement with Columbiana Cacao,S.A.,a South American firm,to fix the price of dark chocolate in the U.S.market.If the agreement is a per se violation of U.S.antitrust laws,a U.S.court could exercise jurisdiction over

A party to a licensing agreement generally agrees to pay royalties on some basis.

Under the Foreign Sovereign Immunities Act,a foreign state can be a political subdivision of a foreign state.

Bango! Business,Inc.,a U.S.firm,may have committed,in Chile,acts that would constitute,in the United States,violations of U.S.anti-trust laws.These laws apply

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.

The United States taxes each barrel of imported oil at a flat rate.This is

Quotas are limits on the amounts of goods that can be exported.

Dumping is the exporting of environmentally polluting goods to a foreign market.

Qang and other foreign citizens allege human rights violations committed overseas by the government of Burma on behalf of Railway Construction Company,a U.S.firm.To seek redress for their injuries in a U.S.court,these citizens can

Yokio,Ltd.,and Zeno,S.A.,transact an international sale of goods.At the request of these parties,a court in Portugal resolves a dispute between them.A U.S.court will most likely honor the judgment

Savory Cooking Sauces,Inc.,a U.S.business firm,makes and sells distinc-tively flavored cooking sauces.Although the recipes are secret,the ingre-di-ents could be revealed and the sauces could be reconstructed with dili-gent efforts.What can Savory do to prevent its products from being "decoded" and pirated abroad?

A tariff is always a flat rate per unit.

The chief aim of the European Union and other trade organizations is to minimize trade barriers among their members.

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

Quality Energy Company,a U.S.firm,and Royal Petro,a Dutch firm,en-ter into a contract that includes an arbitration clause.This clause must provide that the arbitrator will be

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.

The basis for India to give effect to the laws and court decisions of the United States is primarily

UniOil,a U.S.firm,owns property in Venezuela.When the government of Venezuela seizes the property,UniOil asks a U.S.court to order the property's return.The court rules that Venezuela is exempt from the court's jurisdiction.This is

Sam,or anyU.S.citizen,can bring a civil suit in a U.S.court against a foreign entity for

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