World trade organization prohibits the practice of dumping

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Reference no: EM132252808

1. To promote fair trade, the World Trade Organization prohibits the practice of dumping.

True/False

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

True/False

3. 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 1964Bottom of Form

4. 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.

Reference no: EM132252808

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