The cost of overseas labor is generally more expensive than domestic labor.

Group of answer choices

True

False

A U.S. Company doing business outside of the U.S. must comply with both U.S. and the laws of the country where they are doing business.

True

False

Question 3

The concept of "sovereignty" is that a country has the right to create & enforce it's own laws.They can agree toto be a party to a treaty or not.

Group of answer choices

True

False

Question 4

A "choice of law" provision in a contract is where the parties agree to which countries laws will be applied to the contract.

True

False

Question 5

The Federal Government may regulate imports and exports.

True

False

Question 6

The Alien Tort Claims Act allows non-citizens to bring an action in US courts against US companies who commit torts or human rights violations overseas.

True

False

Question 7

Greasing payments are prohibited in all cases under the foreign Corrupt Practices Act.

True

False