Exam 27: International Law in a Global Economy

Premier Clothing,Inc.,a U.S.firm,obtains a judgment in a U.S.court against Quang Tri,Ltd.,a Vietnamese business.Whether the court's judgment will be enforced by a court in Vietnam depends on the Vietnamese court's application of

Qang and other foreign citizens allege human rights violations committed overseas by the government of Burma on behalf of Railway Construction Company,a U.S.firm.To seek redress for their injuries in a U.S.court,these citizens can

Business Corporation,a U.S.firm,and Comercial,S.A.,a Mexican firm,are parties to a contract that does not specify a choice of law.The governing law is that of

Under the principle of comity,a foreign business that deals with a U.S.business may be subject to U.S.law.

Congress cannot impose any restrictions on exports except taxes.

Fabiola,or any foreign citizen,can bring a civil suit in a U.S.court for

Michael,a citizen of Ireland,and Nina,a citizen of the United States,enter into a contract.When Nina breaches the contract,Michael obtains an award of damages in an Irish court.He asks a U.S.court to enforce the award.The U.S.court defers to and enforces the Irish court's decree.This is

A party to a licensing agreement generally agrees to pay royalties on some basis.

A foreign citizen can bring a civil suit in a U.S.court for a violation of a treaty of the United States.

Restrictions on imports may include quotas.

Call Center Corporation,a U.S.firm,owns property in India.The government of India seizes the property for a proper public purpose and pays Call Center just compensation.This is

Suisse Internationale,a Swiss maker of athletic equipment,enters into a price fixing agreement with Total World Sports,a U.S.wholesaler of Suisse's products.U.S.courts will apply U.S.antitrust laws if

Generally,a foreign government cannot sue under U.S.antitrust laws in U.S.courts.

The management of Sport Shoes Corporation,a U.S.firm,wants to expand into foreign investment and employment markets.They are considering either opening their own production facility in a foreign country or entering into a licensing agreement with a foreign firm.What are the advantages and disadvantages of each of these courses of action

All nations have restrictions on imports.

Mountain Mining Company,a U.S.firm,owns property in Bolivia.The government of Bolivia seizes the property for an illegal purpose without paying just compensation.This is

The government of Japan sets a limit on the amount of rice that can be imported from the United States.This is

WiFi Corporation,a U.S.firm,signs a contract with Bueno Computadores,Ltd.,an Argentinean firm,for a shipment and payment for WiFi's goods.This is

Sudan seizes the assets of Triage Medical,Inc.,a U.S.firm.Triage's recovery from Sudan in a U.S.court may be prevented by

The chief aim of the World Trade Organization and other trade agreements is to maximize trade barriers among their members.