Question 1

The Trade Act of 1974 and Omnibus Act give the president broad powers to deal with a range of complex international economic problems.

Accepted Answer

A) True 
 B)False

Question 2

The United States Trade Representative is:

Accepted Answer

A)  A cabinet level post reporting directly to the president that carries on trade negotiations for the U.S. 
B)  The one that administers the Bureau of Customs and Border Protection. 
C)  The one that represents the U.S. at all GATT meetings. 
D)  Both A and C. 
E)  Both B and C. 
A)  A cabinet level post reporting directly to the president that carries on trade negotiations for the U.S. 
B)  The one that administers the Bureau of Customs and Border Protection. 
C)  The one that represents the U.S. at all GATT meetings. 
D)  Both A and C. 
E)  Both B and C.

Question 3

The Cuban Asset Control Regulation and the U.S.Arms Export Control Act share in common the requirement that a license must be obtained in order to engage in certain activities.

Accepted Answer

A) True 
 B)False

Question 4

Under the Supremacy Clause of the Constitution,where a law of the federal government directly conflicts with a state law,the federal law will prevail.

Accepted Answer

A) True 
 B)False

Question 5

Weigh the relative value and risks of fast-rack regulation.

Accepted Answer

Fast-track regulation refers to the expe

Question 6

Treaties of friendship,commerce,and navigation (FCN treaties)usually include the following except:

Accepted Answer

A)  Establishment of subsidiary corporations. 
B)  Establishment of wage standards for foreign nationals. 
C)  Free flow of capital and technology. 
D)  Right of travel and residency. 
A)  Establishment of subsidiary corporations. 
B)  Establishment of wage standards for foreign nationals. 
C)  Free flow of capital and technology. 
D)  Right of travel and residency.

Question 7

Under the equal dignity rule,statutes and treaties are of equal legal importance.

Accepted Answer

A) True 
 B)False

Question 8

Throughout history,U.S.presidents have utilized executive agreements to conduct foreign affairs even though these agreements are not specifically provided for in the Constitution.

Accepted Answer

A) True 
 B)False

Question 9

Compare and contrast the powers of Congress and the president with regard to the regulation of trade (for example,customs and imports).

Accepted Answer

The powers of Congress and the president

The Trade Act of 1974 and Omnibus Act give the president broad powers to deal with a range of complex international economic problems.

The United States Trade Representative is:

The Cuban Asset Control Regulation and the U.S.Arms Export Control Act share in common the requirement that a license must be obtained in order to engage in certain activities.

Under the Supremacy Clause of the Constitution,where a law of the federal government directly conflicts with a state law,the federal law will prevail.

Weigh the relative value and risks of fast-rack regulation.

Treaties of friendship,commerce,and navigation (FCN treaties)usually include the following except:

Under the equal dignity rule,statutes and treaties are of equal legal importance.

Throughout history,U.S.presidents have utilized executive agreements to conduct foreign affairs even though these agreements are not specifically provided for in the Constitution.

Compare and contrast the powers of Congress and the president with regard to the regulation of trade (for example,customs and imports).

Introduction to International Business

International Law and the Worlds Legal Systems

Resolving International Commercial Disputes

Sales Contracts and Excuses for Nonperformance

The Documentary Sale and Terms of Trade

The Carriage of Goods and the Liability of Air and Sea Carriers

Bank Collections, Trade Finance, and Letters of Credit

Gatt Law and the World Trade Organization: Basic Principles

Laws Governing Access to Foreign Markets

Regulating Import Competition and Unfair Trade

Imports, Customs, and Tariff Law

The Regulation of Exports

North American Free Trade Law

The European Union and Other Regional Trade Areas

International Marketing Law: Sales Representatives, Advertising, and Ethical Issues

Licensing Agreements and the Protection of Intellectual Property Rights

Takings and National Controls on Foreign Direct Investment

Labor and Employment Discrimination Law

Environmental Law

Regulating the Competitive Environment

Filters

Exam 8: National Lawmaking Powers and the Regulation of Ustrade

The Trade Act of 1974 and Omnibus Act give the president broad powers to deal with a range of complex international economic problems.

The United States Trade Representative is:

The Cuban Asset Control Regulation and the U.S.Arms Export Control Act share in common the requirement that a license must be obtained in order to engage in certain activities.

Under the Supremacy Clause of the Constitution,where a law of the federal government directly conflicts with a state law,the federal law will prevail.

Weigh the relative value and risks of fast-rack regulation.

Treaties of friendship,commerce,and navigation (FCN treaties)usually include the following except:

Under the equal dignity rule,statutes and treaties are of equal legal importance.

Throughout history,U.S.presidents have utilized executive agreements to conduct foreign affairs even though these agreements are not specifically provided for in the Constitution.

Compare and contrast the powers of Congress and the president with regard to the regulation of trade (for example,customs and imports).

Introduction to International Business

International Law and the Worlds Legal Systems

Resolving International Commercial Disputes

Sales Contracts and Excuses for Nonperformance

The Documentary Sale and Terms of Trade

The Carriage of Goods and the Liability of Air and Sea Carriers

Bank Collections, Trade Finance, and Letters of Credit

Gatt Law and the World Trade Organization: Basic Principles

Laws Governing Access to Foreign Markets

Regulating Import Competition and Unfair Trade

Imports, Customs, and Tariff Law

The Regulation of Exports

North American Free Trade Law

The European Union and Other Regional Trade Areas

International Marketing Law: Sales Representatives, Advertising, and Ethical Issues

Licensing Agreements and the Protection of Intellectual Property Rights

Takings and National Controls on Foreign Direct Investment

Labor and Employment Discrimination Law

Environmental Law

Regulating the Competitive Environment

Filters