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Questions 1. Correct 2. Correct 3. Correct 4. Correct 5. Correct 6. Correct 7. Correct 8. Correct 9. Correct 10. Correct 11. Correct 12. Correct Your answers : 12/12 (100%) Submitted on Sep 23, 2013, 3:57 PM 1
Which of the following is a restraint of trade in which a seller refuses to sell one product to a customer unless the customer agrees to purchase a second product from the seller?

Group boycott

Predatory pricing Price fixing Tying arrangement

Correct 2
In the United States, how may states regulate interactions with foreign nations? The states have no power over foreign affairs because the U.S. Constitution grants that power exclusively to the federal government.

The states can pass laws so long as they do not unduly burden foreign commerce, but the states have no authority to enter into treaties with foreign nations.

The states can pass laws affecting foreign commerce and enter into treaties with foreign nations so long as they first obtain the consent of the Senate. The states can pass laws and enter into treaties with foreign nations so long as they do not unduly burden foreign commerce.

Correct 3
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Start Over

Negotiators from which of the following nations signed the North American Free Trade Agreement in 1992?

The United States and Canada

The United States, Mexico, and Panama

The United States, Mexico, and Canada The United States and Mexico

Correct 4
Which of the following is an international organization of 153 member nations created in 1995 to promote and enforce trade agreements among member countries and customs territories?

General Agreement on Tariffs and Trade

World Trade Organization North American Free Trade Commission International Monetary Fund

Correct 5
By default, a case involving an international dispute is prosecuted only in

a court in the plaintiffs country the International Court of Justice a court in the defendants country

a court in a neutral country

Correct 6
Which of the following is required under the Biosafety Protocol sponsored by the United Nations in the year 2000?

All genetically altered foods must be clearly labeled as such.

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Whenever genetically altered foods are offered for sale, comparable food that is not genetically altered must be made available at a comparable price.

Nations are free to prohibit the import of genetically altered foods without violating free-trade agreements. Genetically altered foods must be shipped in separate containers from foods that are not genetically altered.

Correct 7
Three of the largest automobile dealers agreed among themselves as to what price they would pay to manufacturers for windshields to put in new vehicles. Would this constitute illegal price fixing? If so, what kind?

Yes. This is both buyers and sellers illegal per se price fixing.

No. This is not illegal price fixing. Yes. This is sellers illegal per se price fixing. Yes. This is buyers illegal per se price fixing.

Correct 8
Which of the following products would be covered by the Consumer Product Safety Act?

Automobiles Toys

Firearms

Aircraft

Correct 9
Which of the following is provided under the Foreign Sovereign Immunities Act?

It regulates commerce between the United States and foreign nations.

It stipulates the rules for conflict resolution among the DR-CAFTA members. It exclusively governs suits against foreign nations that are brought in courts in the United States.

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It endows the president with powers to enter into treaties with foreign nations.

Correct 10
________ is a clause in an international contract that designates which nation's laws will be applied in deciding a dispute arising out of the contract.

Forum-selection clause Equal Protection Clause Supremacy Clause

Choice of law clause

Correct 11
What are the primary sources in the U.S. Constitution of the federal governments power over international affairs?

The Commerce Clause and the Privileges and Immunities Clause

The Treaty Clause and the War Powers Clause

The Treaty Clause and the Police Power Clause The Foreign Commerce Clause and the Treaty Clause

Correct 12
Which of the following is codified under the Foreign Sovereign Immunities Act?

The choice of forum clause

The principle of restricted immunity

The supremacy clause The act of state doctrine

Correct

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