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1. Identify a similarity between the Uniform Commercial Code (UCC) and the U.N. Convention on Contracts for the International Sale of Goods (CISG). A. Acceptance

1. Identify a similarity between the Uniform Commercial Code (UCC) and the U.N. Convention on Contracts for the International Sale of Goods (CISG).

A. Acceptance may include different terms than offer.

B. Gap-fillers are provided for terms not expressly stated in the contract.

C. Acceptance generally must mirror offer.

D. Offer is generally revocable.

E. Written contracts are required per Statute of Frauds to be enforceable.

2. A(n) _____ is a type of tariff imposed for subsidized products.

A. quota

B. ban

C. countervailing duty

D. safeguard

E. antidumping duty

3. Which of the following is not an example of an import control?

A. Tariff

B. Ban

C. Quota

D. Tariff rate quota

E. Export control

4. _____ are import taxes.

A. Tariffs

B. Quotas

C. Bans

D. Excise duties

E. Grease payments

5. Which of the following is a form of environmental degradation?

A. Underuse of natural resources

B. Exploitation of human resources

C. Forcing laborers to work in sweatshop conditions

D. Generation of pollution

E. Safe recycling of toxic electronic waste

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