77) Which act developed by the European Union erases many legal and trade differences that
have existed for decades between the member nations?
A) European Sanctity Act
B) European Indemnification Act
C) European Unification Act
D) Single European Market Act
E) Foreign Corrupt Practices Act
78) Which country has enacted the most stringent green marketing laws to regulate the
management and recycling of packaging waste?
A) South Korea
B) China
C) Germany
D) United States
E) India
79) The question of jurisdiction of U.S. law over acts committed outside the territorial limits of
the country has been settled by the courts through application of a long-established principle of
international law called the:
A) right of imminent domain.
B) legal transfer of power.
C) rights of foreign powers and citizens.
D) objective theory of jurisdiction.
E) McNeil principle of international law.
80) The _________ of the United States makes it illegal for companies to pay bribes to foreign
officials, candidates, or political parties.
A) Taft-Hartley Act
B) Informed Consumer Standard
C) Foreign Corrupt Practices Act
D) Best Practices Act
E) International Codes of Law
81) The first objective of ________ laws is to protect American consumers by ensuring that they
benefit from products and ideas produced by foreign competitors as well as by domestic
competitors.
A) incorporation
B) intellectual property
C) antitrust
D) indemnification
E) insurance
82) Which of the following U.S. government agencies oversees antitrust enforcement in
international commerce?
A) Department of State
B) Department of Justice
C) Department of Commerce
D) Department of Defense
E) Department of Home Land Security
83) Under the antiboycott law, U.S. companies are forbidden to participate in any unauthorized
foreign boycott. Which situation brought about the antiboycott law in the U.S.?
A) the boycott of Cuba by the U.S.
B) the boycott of South Africa by the world community
C) the boycott of Israel by the Arab League
D) the boycott of China by the United States
E) the boycott of the U.S. by the U.S.S.R. (the wheat embargo)
84) U.S. firms, their foreign subsidiaries, or foreign firms that are licensees of U.S. technology
cannot sell a product to a country in which the sale is considered by the U.S. government to
affect the
A) competitive balance of world trade.
B) competitive balance of free competition inside the U.S.
C) relationship of the U.S. with the world community.
D) overall balance of payments of the United States.
E) national security of the United States.
85) The revised set of export regulations published by the Department of Commerce to speed up
the process of granting export licenses is the
86) What license is required for products exported from the United States?
A) international or bilateral license
B) general or a validated license
C) single license
D) exporter or third-party license
E) shipment license or agent license
87) The responsibility of determining if a license is required rests with the
A) Department of Commerce of the exporting nation.
B) regulatory body of the industry.
C) exporter.
D) U.S. Customs department.
E) importer.
88) The exporter is responsible for selecting the ________ that leads to a description in the
Commerce Control List (CCL) and indicates the exportability status of the item.
A) Entity List Number
B) Priority Number
C) Export License Number
D) Trade Regulations Number
E) Export Control Classification Number
89) What list indicates the exportability status of an item based on the ECCN?
A) Commerce Control List
B) Entity List
C) Common List
D) Priority Export List
E) International Trade List
90) The Export License Application and Information Network (ELAIN) is an electronic service
that enables exporters to
A) ship their goods to clients whose licenses are approved without conditions.
B) check the status of their license and classification applications.
C) submit commodity classification requests via the Internet .
D) submit license applications via the Internet.
E) submit the export and re-export applications and high-performance computer notices via the
Internet.
91) What are the four forms of law that comprise the majority of the legal systems in the world?
Name one country for each system.
92) Legal disputes can arise in three situations: between governments, between a company and a
government, and between two companies. How are each of these handled?
93) Compare and contrast conciliation and arbitration. In what situation would conciliation be
most appropriate? In what situation would arbitration be most appropriate?
94) Compare and contrast “prior use” and “registration” ownership of IP rights. Give an example
of each.
95) List and describe the major international conventions designed for mutual recognition and
protection of intellectual property rights.
96) What are cybersquatters? How do they operate and why are they a problem for businesses?
97) Briefly describe the Canadian legal process to determine whether a representation is false or
misleading.
98) Describe the issues companies are facing with respect to green marketing legislation.
99) Will leaving the country make an American businessman immune to U.S. laws? Explain
your reasoning with specific examples.
100) Compare and contrast the two types of licenses required for export.