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Exam 10: International Law in a Global Economy

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Question 31

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Miranda is a U.S.citizen working in Europe for Tourist Vacations,Inc.,a U.S.travel agency.Tourist fires Miranda for reasons that she believes violate U.S.antidiscrimination laws.Those laws apply​

A) extraterritorially.
B) only to signatories of the North American Free Trade Agreement.
C) only to members of the World Trade Organization.
D) only within U.S.borders.

E) B) and C)
F) A) and D)

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Question 32

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Savory Cooking Sauces,Inc.,a U.S.business firm,makes and sells distinctively flavored cooking sauces.Although the recipes are secret,the ingredients could be revealed and the sauces could be reconstructed with diligent efforts.What can Savory do to prevent its products from being "decoded" and pirated abroad?

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Question 33

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Generally,a foreign government cannot sue under U.S.antitrust laws in U.S.courts.

A tariff is always a flat rate per unit.

A U.S.citizen can bring a civil suit in a U.S.court against a U.S.entity for a tort allegedly committed overseas.

US Cars,a U.S.firm,owns property in Argentina.The government of Argentina seizes the property.US Cars claims that this is confiscation.The government of Argentina claims that it is expropriation.The burden of proof lies with​

In direct exporting,a U.S.company signs a sales contract with a foreign purchaser that provides for the conditions of shipment and payment of goods.

All international sales contracts should have a choice-of-language clause to designate the official language by which the contract will be interpreted.

Sudan seizes the assets of Triage Medical,Inc.,a U.S.firm.Triage's recovery from Sudan in a U.S.court may be prevented by

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

Any conspiracy that has a substantial effect on U.S.commerce is within the reach of the U.S.antitrust laws.

Vieux Carré S.A.,a French firm,imports its goods into the United States and offers those goods for sale at "less than fair value." "Fair value" is the price of​

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​

Restrictions on imports may include prohibitions.

International law is a body of law that governs relations between and among citizens,not countries.

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

Optima Medico Corporation,a U.S.firm,signs a contract with Pharma Beneficial,Ltd.,a Canadian firm,to give Pharma the right to sell Optima's products in Canada.This is​

Mountain Mining Company,a U.S.firm,owns property in Bolivia.The government of Bolivia seizes the property for an illegal purpose without paying just compensation.This is

Metallic Metals,Inc.,a U.S.firm,files a suit against a Venezuela government agency.The agency has committed a tort in the United States.Under the Foreign Sovereign Immunities Act​

Two Japanese firms-Mikato,Ltd.,and Shuzushi,Ltd.-enter into a joint venture in an attempt to increase their market share of the U.S.auto market.If the joint venture is not a per se violation of U.S.antitrust laws,a U.S.court could exercise jurisdiction over the firms​