Ch52-TB1-WBL-10O¦êv-F to Eric

Ch52-TB1-WBL-10O¦Ã&ordf...

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Chapter 52 International Law N.B.:   TYPE  indicates that a question is new, modified, or unchanged, as  follows. N A question  new  to this edition of the Test Bank. + A question  modified  from the previous edition of the Test Bank, = A question  included  in the previous edition of the Test Bank. TRUE/FALSE QUESTIONS 1. International law is a body of law that governs relations among nations. ANSWER: T PAGE: 1046 TYPE: = 2. Under the principle of comity, foreign nations are exempt from the juris- diction of U.S. courts. ANSWER: F PAGE: 1048 TYPE: = 3. The principle of comity is based primarily on courtesy and respect. ANSWER: T PAGE: 1048 TYPE: = 4. Under the principle of comity, a foreign business that deals with a U.S.  business may be subject to U.S. law. ANSWER: T PAGE: 1048 TYPE: N 15
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16 TEST BANK 1—UNIT ELEVEN: SPECIAL TOPICS 5. Confiscation occurs when a government seizes a private property for a  proper public purpose and awards just compensation. ANSWER: F PAGE: 1048 TYPE: = 6. Firms overseas have almost total legal protection against government acts  in the countries in which they operate, under the act of state doctrine. ANSWER: F PAGE: 1048 TYPE: N 7. The doctrine of sovereign immunity can immunize a foreign nation from the  jurisdiction of U.S. courts. ANSWER: T PAGE: 1049 TYPE: = 8. A foreign state will  not  be immune from the jurisdiction of U.S. courts if the  state is involved in commercial activity in the United States. ANSWER: T PAGE: 1049 TYPE: = 9. The simplest way for a U.S. firm to do business in a foreign market is to ex- port its products directly to that market. ANSWER: T PAGE: 1051 TYPE: = 10. A party to a licensing agreement generally agrees to pay royalties on some  basis. ANSWER: T PAGE: 1052 TYPE: + 11. Many countries guarantee compensation to foreign investors if their prop- erty is confiscated. ANSWER: T PAGE: 1053 TYPE: = 12. Expropriation,   even   with   the   payment   of   just   compensation,   violates  generally observed principles of international law. ANSWER: F PAGE: 1053 TYPE: N 13. Restrictions on imports may include tariffs.
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CHAPTER 52: INTERNATIONAL LAW 17 ANSWER: T PAGE: 1053 TYPE: = 14. Restrictions on exports may include quotas. ANSWER: T PAGE: 1053 TYPE: N 15. All nations have restrictions on imports. ANSWER: T PAGE: 1053 TYPE: N
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18 TEST BANK 1—UNIT ELEVEN: SPECIAL TOPICS 16. Tariffs are imposed only on exports. ANSWER: F PAGE: 1053 TYPE: = 17. Congress cannot impose any restrictions on exports except taxes. ANSWER:
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Ch52-TB1-WBL-10O¦Ã&ordf...

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