T/F the law of China has traditionally been understood to be a part of governmentadministration and negotiation and is not a separate branch of its government.

T/F Cases are brought before the WTO dispute resolution court that may challenge protection of a member's home industries as opposed to protection of the environment and the health and welfare of a member's citizens as embraced by WTO rules.

T/F Among the BRICS, Russia is by far the least corrupt according to Transparency

International.

T/FThe FCPA (U.S.) and the UN Global Compact for business prohibit bribery.

T/FUnder the FCPA, a bribe is defined as anything of value given to a foreign government

official to obtain, retain or direct businessa recent example of which is Walmart's

alleged payment to secure zoning approval in Mexico.

The WTO is located in:

a)Paris

b)Brussels

c)Geneva

d)The Hague

e)None of the above

T/F A famous WTO complaint filed by Venezuela and joined by Brazil against the U.S. alleged trade discrimination by the U.S. since the U.S. import gas standard was higher or more restrictive than the U.S. domestic gas standard.

T/F Pursuant to TRIPS, The WTO case filed by the U.S. and later joined by the EU against Japan, shows how the WTO is an effective mechanism for setting global legal and business standards since Japan was required to enact domestic legislation that would provide stronger copyright protections and other nations followed Japan's example.

T/FThe CISG, NYConvention and the WTO share common goals for international business including predictability.