Question
Question 90 Not yet answered Points out of 0.50 Flag question Question text The ____ is responsible for promoting international trade by working to promote
Question 90
Not yet answered
Points out of 0.50
Flag question
Question text
The ____ is responsible for promoting international trade by working to promote the stability of government finances and currency exchange rates.
Select one:
a.
World Intellectual Property Organization
b.
World Bank
c.
World Trade Organization
d.
Commission on International Trade Law
e.
none of the other choices are correct
Question 91
Not yet answered
Points out of 0.50
Flag question
Question text
Fact Pattern 22-1 Naida Baronowski is an American fashion designer who has a design firm in Chicago. Naida has been successful in the U.S. and wants to expand her operation overseas. She hopes to open shops in Paris, Milan, Madrid, Rome, Vienna, and Moscow in the next several years. Naida is unfamiliar with foreign operations. She comes to you, her attorney, for advice about how she should pursue her goal of becoming an international fashion company.
Refer to Fact Pattern 22-1. If Naida keeps her Joliet plant, and ships her clothes from the U.S. to Paris, Madrid, and other cities, she may be subject, in the U.S., to:
Select one:
a.
import restrictions
b.
tariff controls
c.
export regulations
d.
ad valorem taxes
e.
licensing fees
Question 92
Not yet answered
Points out of 0.50
Flag question
Question text
Since 1995, the ____ has overseen trade agreements and has worked to set up a dispute-resolution system using three-person arbitration panels.
Select one:
a.
the United Trade Organization
b.
the International Trading Union
c.
the General Agreement on Tariffs and Trade
d.
the World Trade Organization
e.
the Unified Trade Group
Question 93
Not yet answered
Points out of 0.50
Flag question
Question text
The International Trade Administration is the major export promotion agency of the U.S. government.
Select one:
True
False
Question 94
Not yet answered
Points out of 0.50
Flag question
Question text
Payment clauses are used to deal with problems of inflation and currency exchange rates.
Select one:
True
False
Question 95
Not yet answered
Points out of 0.50
Flag question
Question text
Denmark is rated the least corrupt nation in the world.
Select one:
True
False
Question 96
Not yet answered
Points out of 0.50
Flag question
Question text
Some countries make it hard for foreign businesses to get money earned in their markets out of the country.
Select one:
True
False
Question 97
Not yet answered
Points out of 0.50
Flag question
Question text
Major areas in which WTO members could not agree to reduce trade barriers are the film and music industries.
Select one:
True
False
Question 98
Not yet answered
Points out of 0.50
Flag question
Question text
The International Trade Commission may impose an antidumping duty on goods imported to the U.S. that are being sold for less than the price charged in the home market.
Select one:
True
False
Question 99
Not yet answered
Points out of 0.50
Flag question
Question text
The International Trade Commission may restrict imports to help foreign companies better compete in U.S. markets.
Select one:
True
False
Question 100
Not yet answered
Points out of 0.50
Flag question
Question text
Parties to an international contract may not specify an official language that will be used to interpret the contract as international law requires official versions be in the languages of both parties to the trade.
Select one:
True
False
Step by Step Solution
There are 3 Steps involved in it
Step: 1
Get Instant Access to Expert-Tailored Solutions
See step-by-step solutions with expert insights and AI powered tools for academic success
Step: 2
Step: 3
Ace Your Homework with AI
Get the answers you need in no time with our AI-driven, step-by-step assistance
Get Started