Question
Answer any 7 of the following questions. (35 marks in total - 5 marks to each question) 1. Explain what is meant by international law.
Answer any 7 of the following questions. (35 marks in total - 5 marks to each question)
1. Explain what is meant by international law. Your answer should address, a) The differences between private international law and public international law; b) the main sources of international laws, distinguishing treaties from conventions; c) the constraints on the enforceability of international laws and conventions.
2. Please describe the rules and procedure relating to the dumping and anti-dumping duties in Canada. Describe how dumping differs from the provisions on safeguards and subsidies.
3. Why should a choice of law and dispute settlement clauses always be included in an international sales contract? Please explain it in detail.
4. Discuss the advantages and disadvantages of the various types of strategic business alliances engaged in to achieve foreign market entry. If your organization is pursuing foreign direct investment, what aspects of the economic and political climate will need to be investigated to determine your vulnerability to risk?
5. Explain what is meant by most-favoured nation (MFN) treatment and national treatment (NT).
6. What is a trade in services? Explain the four modes of the trade in services.
7.What is the difference between a free trade area and a customs union? Why are they considered as an exception to the MFN principle? Why are they tolerated and approved by the WTO?
8. Explain what is meant by Brexit? Please discuss the advantages and disadvantages of Brexit.
9. Describe the importance of the US, Mexico, and Canada Agreement (USMCA).
10. Can an importer reject goods that are not satisfactory, even though the goods have been paid for before receipt? Please explain your opinion in detail.
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