23. Cite reasons for the increased need for international law in recent years.

24. Discuss some of the ways international trade is regulated by international law.

25. What are some reasons for trade sanctions and embargoes? How do they differ from export and import controls?

26. How do tariffs protect domestic industries, and how do they hinder world trade?

27. Discuss the goals of NAFTA and the means it uses to achieve these goals.

28. Discuss five exceptions to foreign sovereign immunity pursuant to the Foreign Sovereign Immunities Act.

29. Laws and Culture Assuming that the law of a country reflects its customs, identify and discuss selected laws in foreign countries and how customs influenced the enactment of these laws.

30. International Financial Institutions Discuss the goals and criticisms of the IMF and the World Bank.

31. Trade Sanctions Because trade sanctions often affect the people of a country more severely than their government, are sanctions a good way of achieving political goals?

32. GATT Pursuant to GATT, countries could receive "normal trade relations" status based on economic criteria. Later this designation was awarded to countries that had achieved specific human rights objectives. Should economic inducements be used to foster moral goals?

33. A Question of Ethics Should the FCPA impose U.S. ethical standards on the ac- tivities of U.S. businesses in international trade, even though this law may put these businesses at a competitive disadvantage with their foreign counterpart