Chapter 24- The Regulation of International Transactions

Chapter 24- The Regulation of International Transactions -...

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Chapter 24- The Regulation of International Transactions T RUE -F ALSE  Q UESTIONS         1. All nations must give effect to the laws of all other nations.         2. Under the act of state doctrine, foreign nations are subject to the jurisdiction of U.S. courts.         3. Under the doctrine of sovereign immunity, foreign nations are subject to the jurisdiction of U.S. courts.         4. The Foreign Sovereign Immunities Act states the circumstances in which the United States can be sued  in foreign courts.         5. A member of the World Trade Organization must usually grant other members most-favored nation  status, with regard to trade.         6. U.S. firms are prohibited from offering payments to foreign officials to secure favorable contracts.         7. Legal systems are generally divided into criminal law and civil law systems.         8. In all countries, the primary function of judges is the resolution of litigation.         9. Foreign   citizens   can   bring   suits   in   U.S.   courts   for   injuries   allegedly   caused   by   violations   of  international tort law.        
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Chapter 24- The Regulation of International Transactions -...

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