Reference no: EM132219390
1. The Dayan v. McDonald’s case facts are a good illustration of international business risk, particularly:
a. Political risk.
b. Cultural risk.
c. Legal risk.
d. Currency risk.
e. Comity risk.
2. The Commerce Clause of the U.S. Constitution authorizes extraterritorial enforcement of:
a. certain federal laws, perhaps most-importantly federal securities, antitrust, anti-discrimination in employment laws, and the Foreign Corrupt Practices Act.
b. All state statutory laws, including the statutory law enacted by California’s legislature.
c. State administrative law.
d. State judge-made law.
e. None of the above.
3. Which of the following is not a characteristic of intergovernmental organizations:
a. they are created by two or more nation-states.
b. They are meant to pursue the common interests of their nation-state parties.
c. They function autonomously as independent “international persons.”
d. They operate through national branches and subsidiaries around the world.
e. None of the above.
True-False Questions
4. The single most-important multilateral arbitration treaty is the UN Convention on the Recognition and Enforcement of Foreign Arbitral Awards (also know as the “New York Convention” of 1958.
5. Bilateral treaties have three or more national parties.