QUESTION 41

1. The U.S. Supreme Court ruled that traffic engineering is an illegal process of altering the character of an item to obtain a lower tariff rate.
2. True
3. False

1 points

QUESTION 42

1. Rules of origin for imports are required to be determined by the substantial transformation test, unless a waiver is obtained by the importing nation.
2. True
3. False

1 points

QUESTION 43

1. Free Trade Zones are legally defined sites operating duty free outside customs territory, including warehouses and manufacturing facilities.
2. True
3. False

1 points

QUESTION 44

1. A major policy issue for export controls is to balance a nations export controls with economic competitiveness of its national business interest.
2. True
3. False

1 points

QUESTION 45

1. The U.S. Export Administration Regulations (EAR) expired in 1979, but they have been voluntarily adhered to in order to compete with most foreign nations.
2. True
3. False

1 points

QUESTION 46

1. According to EAR, export control laws have extraterritorial application "wherever items are located".
2. True
3. False

1 points

QUESTION 47

1. NAFTA is a free trade agreement that required a 2/3 vote of the U.S. Senate.
2. True
3. False

1 points

QUESTION 48

1. NAFTA abandons the substantial transformation test in favor of the Tariff Shift Rules of Origin.
2. True
3. False

1 points

QUESTION 49

1. NAFTA requires investors agree to mandatory arbitration for claims of discrimination by another NAFTA member.
2. True
3. False

1 points

QUESTION 50

1. NAFTA members may still require a minimum level of local participation or ownership by nationals.
2. True
3. False

1 points

QUESTION 51

1. The foundation for International business law is rooted in reciprocity and custom.
2. True
3. False

1 points

QUESTION 52

1. In the caseTupman v. Moss, the case involved an attempt by the State of Tennessee to place a discriminatory tax on foreign meat imports.
2. True
3. False

1 points

QUESTION 53

1. In the caseKiobel v. Royal Dutch Co.the court held the Alien Tort Statute provides jurisdiction over individuals and corporations to resolve tort causes of action.
2. True
3. False

1 points

QUESTION 54

1. The caseConsumer's Union v. Kissenger, is a good example of how Congress and the Executive Branch can work together to protect international trade relations.
2. True
3. False

1 points

QUESTION 55

1. In the caseU.S. v. Guy W. Capps,the executive branch sued for a contract remedy which the court held was beyond its delegated powers.
2. True
3. False