1. Confiscation involves a host country purchasing the asgets of a foreign compary. T/F

2. The philosophy of__international law controlling trade and commerce in a peaceful way came to be known as__

a. Greek. Max Greco

b.Greek, Greek law

c.Roman. Pax Romana

d.Roman, Roman Philosophy

3. According to the U.S. Constitution ___

of semators must vote to ratify a treaty negotiated by the President to make it law.

a. 1/3 b. 1/2 c. 1/4 d. 2/3

4. A major legal principle involved in international law is the doctrine of___

which holds that the courts of one country should refrain from deciding cases involving the acts of persons from another country.

a. comity b.borders

c. res indicate d. estoppel

5. The doctrine of comity is __

a. required b. discretionary

c. prohibited d. not licet

6. Trade among nations remains a vital ingredient to the economic health of the world's population. while countries are sovereign and create and interpret their own sets of laws, the goal is that trade be governed by:

a. nongovernmental organizations

b. transnational institution

c. trade unions.

d. miitaries

7. An example of the kind of interconnection among the member of the EU is the inauguration of the: a. dollar b. nickel c. euro d. pound

8. The commission or organization that is responsible for overseeing the implementation of all multinational trade agreements negotiated now or in the future is known as the:

a. nongovernmental organizations

b. transnational institution

c. trade unions.

d. miitaries

9. The organization with responsibility to maintain a stable environment for the economies and the currencies of its members is the

a. World Trade Organization.

b. North American Free Trade Agreement

c. General Agreement on Tariffs and Trade.

d. Intermational Monetary Fund.

10. The money currency of the European Union is the

a. pound b.euro c.krone d.dollar