Reference no: EM132219383

True/False

1. Many thousands of bilateral treaties are enforce today – and one that is becoming common globally and of increasing economic importance is the bilateral investment treaty (“BIT”).

2. Ruggie Guidelines are especially important international guidelines for interstellar regulation of satelites, space stations and outer space vehicles.

3. The OECD Guidelines for Multilateral Enterprises are specific laws authorizing the compulsory filing of lawsuits (i.e., contentious litigation) in the ICj against nation-states and multinational corporations that violate international human rights norms.

4. The most-important global international business and commercial trade promotion organization is the joint U.S.-U.K. international business council.

5. Direct exporting refers to a type of exporting in which independent firms assume a range of responsibilities for manufacturers, producers and exporters.

6. Business alliances are often accomplished through complex international licensing and transfer of technology agreements.

7. In many developing countries there are wide disparities in social and economic classes, as reflected in large inequalities in income, education and personal assets.

8. Export controls are restrictions on exports of goods, services, or technologies to a country or group of countries for purposes of national security and foreign policy.

9. Once articulated and published, corporate codes of conduct are usually fully enforceable in courts of law.

10. Venue and jurisdiction are two words that have the same legal meaning.

11. The head of the Office of U.S. Trade Representative (USTR) is a member of the U.S. president’s cabinet. His/her principal responsibilities are to advise the president and to negotiate, monitor and enforce U.S. bilateral and multilateral trade agreements on behalf of the United States.