Question 1

[Lambswool tax] The U.S.and Canada are members of the World Trade Organization and GATT.Frustrated by the tough competition from Canadian suppliers,Lambswool suppliers in the U.S.have pressured Congress to pass a law requiring importers to pay a tax per pound of lambswool imported to the U.S.and restricting the number of pounds of lambswool imported from specific countries,including Canada.Wholly Wool,Inc. ,is a Canadian company that sells lambswool that is nearly identical to lambswool produced and sold in the U.S.
-Does the lambswool tax violate the principle of normal trade relations,according to Article I of GATT?

Accepted Answer

A)  No,because Canada does not have most-favored-nation status.
B)  No,because the U.S.is entitled to tax like goods.
C)  Yes,because WTO member states must treat like goods coming from other WTO member states on an equal basis.
D)  No,because the tax does not violate NAFTA.
E)  No,because WTO member states need not treat like goods coming from other WTO member states the same.F) D) and E)
G) A) and B)

Question 2

Which of the following is true regarding nontariff barriers?

Accepted Answer

A)  Embargoes are nontariff barriers,but quotas are not.
B)  Quotas and embargoes are nontariff barriers,but indirect barriers are not.
C)  Quotas,embargoes,and indirect barriers are all nontariff barriers.
D)  Quotas are nontariff barriers,but embargoes are not.
E)  Indirect barriers are nontariff barriers,but quotas and embargoes are not.F) A) and D)
G) All of the above

Question 3

Does an Illinois court have specific personal jurisdiction over DroneTek?

Accepted Answer

A)  Yes,because the D2000 was shipped to Illinois.
B)  No,because DroneTek has not purposefully availed itself of the protections of the Illinois forum.
C)  Yes,if the value of Reymond's claim is over $50,000.
D)  No,because Illinois has general personal jurisdiction over DroneTek.
E)  Yes,because the D2000 entered the stream of commerce.F) A) and E)
G) A) and B)

Question 4

Which of the following is false regarding the Convention on Contracts for the International Sale of Goods?

Accepted Answer

A)  It applies to transactions involving the commercial sale of goods.
B)  The United States has adopted the Convention on Contracts for the International Sale of Goods.
C)  National contract law applies in areas not covered by the Convention on Contracts for the International Sale of Goods.
D)  The Convention on Contracts for the International Sale of Goods has been ratified by the majority of states in the developed world.
E)  The Convention on Contracts for the International Sale of Goods was adopted in 2000.F) A) and B)
G) B) and C)

Question 5

[DroneTek] DroneTek,Inc,a Swedish company,produces drones that are sold in the United States and many countries.DroneTek's D2000 model is a top seller in Illinois,where Reymond lives.While vacationing in Mexico,Reymond purchased a D2000 drone.Unfortunately,during a tour in Mexico City,the blades of the D2000 broke from the unit and caused serious and permanent injury to Reymond.Reymond wants to file suit in Illinois against DroneTek for its defective product.
-In order for any judgment in Illinois to be enforceable against DroneTek,what must the court have?

Accepted Answer

A)  Subject-matter jurisdiction and general personal jurisdiction
B)  Subject-matter jurisdiction and either general or specific personal jurisdiction.
C)  Subject-matter jurisdiction or personal jurisdiction.
D)  Subject-matter jurisdiction and specific personal jurisdiction.
E)  Subject-matter jurisdiction,general personal jurisdiction,and specific personal jurisdictionF) A) and D)
G) A) and B)

Question 6

The facilitates international cooperation in opening markets and provides a forum for future trade negotiations and the settlement of international trade disputes.

Accepted Answer

A)  International Marketing Agreement
B)  International Cooperation Agreement
C)  National Trade Organization
D)  World Trade Organization
E)  Generally Favored Nation OrganizationF) B) and E)
G) D) and E)

Question 7

Ratification of international agreements occurs in the U.S.by which of the following means?

Accepted Answer

A)  Through consent of the president.
B)  Through the advice and consent of two-thirds of the House of Representatives after the president submits the agreement for consideration.
C)  Through the consent of the president and the approval of at least half the individual state legislatures.
D)  Through the advice and consent of two-thirds of the Senate and two-thirds of the House of Representatives after the president submits the agreement for consideration.
E)  Through the advice and consent of two-thirds of the Senate after the president submits the agreement for consideration.F) A) and E)
G) D) and E)

Question 8

What three countries are signatories to the North American Free Trade Agreement?

Accepted Answer

A)  United States,Canada,and Japan
B)  Canada,Mexico,and Great Britain
C)  United States,Canada,and Mexico
D)  England,France,and Italy
E)  England,France,and SpainF) D) and E)
G) A) and B)

Question 9

The European Union is an example of a customs union.

Accepted Answer

A) True 
 B)False

Question 10

The United States is not a party to the Central American Free Trade Agreement.

Accepted Answer

A) True 
 B)False

Question 11

Which of the following is an international agreement governing the arbitration of private international disputes that has been ratified by the U.S.?

Accepted Answer

A)  The International Arbitration Convention
B)  The French Convention
C)  The New York Convention
D)  The NAFTA Convention
E)  The Hague ConventionF) A) and B)
G) A) and C)

Question 12

Which of the following is not true about the European Union EU) ?

Accepted Answer

A)  The EU was expanded in 2004 to include the United States.
B)  The EU was expanded in 2004,2007,and 2013.
C)  It is the largest regional trading bloc in the world.
D)  The modern EU had its inception in three treaties from the 1950s
E)  It is a customer unionF) D) and E)
G) B) and D)

Question 13

Which of the following translates directly to "law of merchants?"

Accepted Answer

A)  Lex Loci
B)  Ad Merchandiso
C)  Lex Mercatoria
D)  Res Judicata
E)  Lex SellerF) B) and D)
G) A) and D)

Question 14

The allows recognized governments of WTO member states to bring an action alleging a violation of GATT.

Accepted Answer

A)  Mediation/arbitration agreement
B)  Trade barrier agreement
C)  GATT violation accord
D)  Dispute Settlement Understanding
E)  World dispute resolution agreementF) None of the above
G) C) and E)

Question 15

Agents of a foreign state are immune from civil actions against them,but not from situations in which the foreign agent engages in a commercial activity.

Accepted Answer

A) True 
 B)False

Question 16

is a comprehensive multilateral trading system designed to achieve distortion-free international trade through the minimization of tariffs and removal of artificial barriers?

Accepted Answer

A)  The North and South American Free Trade Agreement
B)  The General Agreement on Tariffs and Trade
C)  The World Trade Organization Agreement
D)  The International Agreement on Nontariffs and Trade
E)  The European Free Trade AgreementF) A) and C)
G) C) and D)

Question 17

The General Agreement on Tariffs and Trade became effective in 2000.

Accepted Answer

A) True 
 B)False

Question 18

The Convention on Contracts for the International Sale of Goods recognizes a concept by which a buyer may give notice to the seller that delivery will be accepted beyond the time prescribed in the contract.That concept is known as .

Accepted Answer

A)  Nachfrist
B)  Stare decisis
C)  Benach
D)  Offer of late performance
E)  Tender of late performanceF) B) and C)
G) D) and E)

Question 19

What doctrine allows courts to decline to exercise jurisdiction where there is a more convenient forum to hear the case?

Accepted Answer

A)  Convenience del forum
B)  Abstention
C)  Absolute privilege
D)  Forum non conveniens
E)  Jurisdictional convenienceF) A) and B)
G) B) and D)

Question 20

The United States has no bilateral trade agreements.

Accepted Answer

A) True 
 B)False

Exam 6: International and Comparative Law

The Convention on Contracts for the International Sale of Goods recognizes a concept by which a buyer may give notice to the seller that delivery will be accepted beyond the time prescribed in the contract.That concept is known as .

Correct Answer
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Correct Answer
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The United States has no bilateral trade agreements.

Correct Answer
verified

The allows recognized governments of WTO member states to bring an action alleging a violation of GATT.

Correct Answer
verified

Which of the following is false regarding the Convention on Contracts for the International Sale of Goods?

Correct Answer
verified

The United States is not a party to the Central American Free Trade Agreement.

Correct Answer
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What three countries are signatories to the North American Free Trade Agreement?

Correct Answer
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Correct Answer
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Which of the following translates directly to "law of merchants?"

Correct Answer
verified

The facilitates international cooperation in opening markets and provides a forum for future trade negotiations and the settlement of international trade disputes.

Correct Answer
verified

Which of the following is not true about the European Union EU) ?

Correct Answer
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Does an Illinois court have specific personal jurisdiction over DroneTek?

Correct Answer
verified

is a comprehensive multilateral trading system designed to achieve distortion-free international trade through the minimization of tariffs and removal of artificial barriers?

Correct Answer
verified

The European Union is an example of a customs union.

Correct Answer
verified

The General Agreement on Tariffs and Trade became effective in 2000.

Correct Answer
verified

Ratification of international agreements occurs in the U.S.by which of the following means?

Correct Answer
verified

Agents of a foreign state are immune from civil actions against them,but not from situations in which the foreign agent engages in a commercial activity.

Correct Answer
verified

Which of the following is an international agreement governing the arbitration of private international disputes that has been ratified by the U.S.?

Correct Answer
verified

Which of the following is true regarding nontariff barriers?

Correct Answer
verified

What doctrine allows courts to decline to exercise jurisdiction where there is a more convenient forum to hear the case?

Correct Answer
verified

Exam 6: International and Comparative Law

The Convention on Contracts for the International Sale of Goods recognizes a concept by which a buyer may give notice to the seller that delivery will be accepted beyond the time prescribed in the contract.That concept is known as .

Correct AnswerverifiedShow Answer

Correct AnswerverifiedShow Answer

The United States has no bilateral trade agreements.

Correct AnswerverifiedShow Answer

The allows recognized governments of WTO member states to bring an action alleging a violation of GATT.

Correct AnswerverifiedShow Answer

Which of the following is false regarding the Convention on Contracts for the International Sale of Goods?

Correct AnswerverifiedShow Answer

The United States is not a party to the Central American Free Trade Agreement.

Correct AnswerverifiedShow Answer

What three countries are signatories to the North American Free Trade Agreement?

Correct AnswerverifiedShow Answer

Correct AnswerverifiedShow Answer

Which of the following translates directly to "law of merchants?"

Correct AnswerverifiedShow Answer

The facilitates international cooperation in opening markets and provides a forum for future trade negotiations and the settlement of international trade disputes.

Correct AnswerverifiedShow Answer

Which of the following is not true about the European Union EU) ?

Correct AnswerverifiedShow Answer

Does an Illinois court have specific personal jurisdiction over DroneTek?

Correct AnswerverifiedShow Answer

is a comprehensive multilateral trading system designed to achieve distortion-free international trade through the minimization of tariffs and removal of artificial barriers?

Correct AnswerverifiedShow Answer

The European Union is an example of a customs union.

Correct AnswerverifiedShow Answer

The General Agreement on Tariffs and Trade became effective in 2000.

Correct AnswerverifiedShow Answer

Ratification of international agreements occurs in the U.S.by which of the following means?

Correct AnswerverifiedShow Answer

Agents of a foreign state are immune from civil actions against them,but not from situations in which the foreign agent engages in a commercial activity.

Correct AnswerverifiedShow Answer

Which of the following is an international agreement governing the arbitration of private international disputes that has been ratified by the U.S.?

Correct AnswerverifiedShow Answer

Which of the following is true regarding nontariff barriers?

Correct AnswerverifiedShow Answer

What doctrine allows courts to decline to exercise jurisdiction where there is a more convenient forum to hear the case?

Correct AnswerverifiedShow Answer

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