Tag: international business law

International Business Law Discussions – Free International Trade, CISG, International IP Protection Rights, Foreign Direct Investment, Arbitration

International Business Law Discussions – Free International Trade, CISG, International IP Protection Rights, Foreign Direct Investment, Arbitration Statement 1: Free international trade contributes to the global fight on poverty. It is no secret to anyone that globalization has opened borders, especially in the commercial area. The developing countries, supported by the WTO, have been in charge of promoting free trade to eliminate their...

International Business Law – August, Mayer, Bixby – Test Bank – Chapter 1 Introduction to International and Comparative Law – Questions & Answers

International Business Law – August, Mayer, Bixby – Test Bank – Chapter 1 Introduction to International and Comparative Law – Questions & Answers True or False Questions 1. Equity is the practice between states of treating each other with goodwill and civility. Answer: False Diff: 1 Topic: What Is International Law? Skill: Legal Concepts 2. A formal binding agreement between...

Arbitration will be the prevalent form of dispute resolution for international businesses in the 21st century.

Statement: Arbitration will be the prevalent form of dispute resolution for international businesses in the 21st century.  Arbitration has already become the preferred method of dispute resolution in international commercial contracts in the 21st century, and we believe it will stay in that way.   Corporate parties tend to avoid going to courts because litigation is expensive, public, and time-consuming. A court...

International Business Law Vocabulary and Terms

International Business Law Vocabulary and Terms Doctrine of Comity:  From Latin comitas: “courteousness.”) The practice or courtesy existing between states of treating each other with goodwill and civility.  Comity is thus understood as an informal principle that nations will extend certain cour- tesies to other nations, particularly by recognizing the validity and effect of their executive, legislative, and judicial acts....

International Business Law – Ray August – Test Bank – Chapter 2: State Responsibility and Environmental Regulation 0 Questions & Answers

International Business Law – Ray August – Test Bank – Chapter 2: State Responsibility and Environmental Regulation 0 Questions & Answers True or False Questions 1. According to the doctrine of imputability, the state is responsible for the acts of private persons and acts of officials of other states or international organizations. Answer: False Diff: 1 Topic: State Responsibility Skill:...

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