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58. __________ can include boycotts of goods, refusal to maintain commercial relationships, and quotas. a. Economic sanctionsb. Embargoesc. Tariffsd. DumpingANSWER: aPOINTS: 1DIFFICULTY: ChallengingNATIONAL STANDARDS: United States - BUSPROG: - ANALYTICACCREDITING STANDARDS: DISC: - AICPA: BB-LegalTOPICS: 24-3b National Laws Directed at International Business ActivitiesKEYWORDS: Blooms: Comprehension59. In CASE 24.4 Carijano v. Occidental Petroleum Corp.(2011), the Achuar tribe of Peru sued Occidental Petroleum in a Los Angeles, California state court, alleging environmental contamination and release of hazardous waste into the rain forests in Peru where the Achuar people live. Occidental moved to dismiss the claim on the grounds of:
60. Senator Smith is tired of all the imports of televisions coming into this country. He proposes a bill by which all foreign-made televisions will be taxed an additional $100 before being allowed into the country. He receives a great deal of support for his bill, but one senator questions whether such an arrangement is illegal since it will discriminate against imported goods. Which of the following is correct?There is no problem with the tax so long as it can be shown that American jobs are being lost due to the number of televisions being imported.The tax may not be imposed under the Uniform Trade Initiative.61. Allison, a dress designer, believes that she has a great deal with a company in Ireland, called Fashion, which has agreed to purchase a number of her dresses. The manager of Fashion, however, insists on delivery of the dresses before payment will be provided. Which of the following would be a good idea for Allison?Allison should insist on a letter of credit issued by the buyer promising payment upon delivery of the dresses.
Allison should turn down the deal because it is too risky.