Reference no: EM132253392

1. When doing business abroad, the issue of whether a firm has a social responsibility to the host country beyond those required by the market and the law of that country has arisen often with regard to _____.

A. bribery.

B. factory labor conditions.

C. paying U.S. taxes on foreign revenue.

D. the host country’s governmental regulations.

2. Which of the following is true of existing international dispute resolution bodies?

A. National courts hear cases on matters of international public law.

B. The International Court of Justice exercises both advisory and contentious jurisdiction.

C. The European Court of Justice hears cases involving only the European community settled in the United States.

D. The World Trade Organization Dispute Settlement Body is a true court that issues decisions which create binding precedent.

3. It is permissible to insert an arbitration clause in an international contract.

True/False

4. An example of how the United States has tried to export its values structure through extraterritorial application of its laws is _____.

A. The General Agreement on Tariffs and Trade

B. Contracts for the International Sale of Goods

C. The Alien Tort Statute

D. Title IX of the Civil Rights Act of 1964