Free trade policy

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Reference no: EM133327039

Questions

1. A free trade agreement is a pact between two or more nations to reduce barriers to imports and exports among them. Under a free trade policy, ________and________can be bought and sold across international borders with little or no government tariffs, quotas, subsidies, or prohibitions to inhibit their exchange.

2. Due diligence is the investigation of a country, business, or person, for the purpose of obtaining useful information on the; potential benefits, pitfalls, _______.

3. The International Swaps and Derivatives Association (ISDA) published a master agreement to govern over the counter (OTC) derivative transactions. The contract lists and defines eight standard events of default for which the agreement may be terminated:

1. Failure to pay or deliver

2.____________________

3.____________________

4.____________________

5.____________________

6.____________________

7.____________________

8.____________________

4. The WIPO Copyright Treaty (WCT) is a special agreement under the Berne Convention which deals with the protection of works and the rights of their _______in the digital environment.

Reference no: EM133327039

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