Exam 52: International Law in a Global Economy

Confiscation occurs when a government seizes a private property for a proper public purpose and awards just compensation.

Expansive Sales Corporation, a U.S. firm, establishes a wholly owned subsidiary firm in Germany. In this situation, Expansive retains

Hemisphere Financial Corporation, a U.S. firm, files a suit against Italy in a U.S. court. Italy claims foreign sovereign immunity. Under the Foreign Sovereign Immunities Act, this claim is determined by

A foreign state is immune from the jurisdiction of U.S. courts unless the state is involved in commercial activity within the United States.

Michael, a citizen of Ireland, and Nina, a citizen of the United States, enter into a contract. When Nina breaches the contract, Michael obtains an award of damages in an Irish court. He asks a U.S. court to enforce the award. The U.S. court defers to and enforces the Irish court's decree. This is

The whistleblower provisions of the Sarbanes-Oxley Act of 2002 have foreign, as well as domestic, application.

The government of Canada sets a limit on the amount of beef that can be imported from the United States. This is

An international custom is a general practice accepted in the international arena as law.

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

Wang Ltd., a Chinese firm, imports its goods into the United States and offers those goods for sale at "less than fair value." This is

Congresswoman Pelosi and other politicians want to prohibit the import of certain agricultural products that pose a danger to domestic crops. With respect to these products' import, Congress can

The chief aim of the World Trade Organization and other trade agreements is to maximize trade barriers among their members.

The principle of comity is based primarily on international treaties.

The United States and other members of a certain organization agree to grant normal trade relations status on each other with regard to im?ports and exports. This organi?zation is

Under the act of state doctrine, a firm whose assets a foreign gov?ernment has expro?priated may not recover compensatory damages in a U.S. court.

A foreign citizen can bring a civil suit in a U.S. court for a violation of a treaty of the United States.

Tariffs are imposed only on exports.

In a civil law system, courts impose only civil sanctions for the commission of crimes.

Firms overseas have almost total legal protection against government acts in the countries in which they operate, under the act of state doctrine.

Tariffs are taxes on imports.