Question 1

The European Union (EU) eliminates tariffs among the member nations of the Union.

Group of answer choices

True

False

Question 2

According to the precedent set in several cases, the United States does have antitrust laws with extraterritorial application.

Group of answer choices

True

False

Question 3

Private persons have standing to sue in cases brought before the International Court of Justice.

Group of answer choices

True

False

Question 4

The Foreign Corrupt Practices Act prohibits "grease payments" to foreign officials.

Group of answer choices

True

False

Question 5

Beth, a U.S. citizen, works in Mexico for Unipair, a U.S. company. Although Beth works in Mexico, she is protected by the U.S. civil rights laws from employment discrimination.

True

False

Question 6

There is currently no way of insuring against the risk of loss from nationalization or confiscation.

True

False

Question 7

Ketmat, Inc. has decided to expand its business internationally. Methods that Ketmat might consider for its international business include: direct selling; distributorships; franchising; and joint venture.

Group of answer choices

True

False

Question 8

Even if compensating public officials is lawful in another country, it may be unlawful for a company based in the U.S. to engage in that type of behavior.

Group of answer choices

True

False

Question 9

International "laws" differ from traditional laws in that each sovereign nation governs itself, so any compliance with international laws are voluntary.

Group of answer choices

True

False

Question 10

Viewed from the perspective of citizens, treaties are laws. Viewed from the perspective of nations entering into them, treaties are like contracts.

Group of answer choices

True

False