Deck 41: International and World Trade Law

Question 1

The 10 non-permanent members of the UN Security Council are selected by ________.

A) members of the General Assembly to serve two-year terms
B) members of the General Assembly to serve five-year terms
C) the secretary-general of the Secretariat to serve two-year terms
D) the secretary-general of the Secretariat to serve five-year terms

Answer 1

A

Question 2

The International Court of Justice is composed of ________.

A) 15 judges who serve nine-year terms
B) 10 judges who serve five-year terms
C) 9 judges who serve ten-year terms
D) 10 judges who serve twelve-year terms

Answer 2

A

Question 3

Which of the following constitutional provision gives the U.S.federal government more authority to regulate foreign affairs than state governments?

A) the Due Process Clause
B) the Equal Protection Clause
C) the Free Exercise Clause
D) the Treaty Clause

Answer 3

D

Question 4

An agreement between two or more nations that is formally signed by an authorized representative of each nation and ratified by each nation is defined as a(n)________.

A) statute
B) charter
C) treaty
D) arraignment

Question 5

Which of the following branches of the United Nations is primarily responsible for maintaining international peace and has authority to use armed force for this purpose?

A) the General Assembly
B) the Secretariat
C) the Security Council
D) the International Court of Justice

Question 6

The General Assembly of the United Nations is ________.

A) a collection of autonomous agencies that deal with the socio-economic problems of third-world countries
B) the legislative body of the United Nation that is composed of all UN members
C) a group of 15 member nations that is primarily responsible for maintaining international peace and security
D) the staff of persons that administers the day-to-day operations of the UN

Question 7

Which of the following nations is one among the five permanent members of the UN Security Council?

A) France
B) Japan
C) Germany
D) Italy

Question 8

The secretary-general of the UN Secretariat is elected by ________.

A) the permanent members of the UN Security Council
B) all members of the UN Security Council
C) the judges of the International Court of Justice
D) the General Assembly

Question 9

A treaty,if signed between India,Pakistan,Bangladesh,and China,would be an example of a ________.

A) multilateral treaty
B) bilateral treaty
C) statute
D) charter

Question 10

Which of the following is headed by the secretary-general of the UN?

A) the International Court of Justice
B) the Secretariat
C) the Security Council
D) the General Assembly

Question 11

The UN Security Council is composed of ________ member nations.

A) 5
B) 10
C) 15
D) 20

Question 12

The United Nations is headquartered in ________.

A) Washington, DC
B) Paris
C) New York City
D) The Hague

Question 13

According to the Treaty Clause of the U.S.Constitution,the president can make treaties,provided that ________ of the senators present concur.

A) all
B) two-thirds
C) half
D) one-third

Question 14

Under the Treaty Clause,the ________ is seen as the agent of the United States in dealing with foreign countries.

A) Secretariat
B) president
C) U.S. Supreme Court
D) U.S. Senate

Question 15

The ________ is a staff of persons that administers the day-to-day operations of the UN.

A) Council of Ministers
B) Security Council
C) General Assembly
D) Secretariat

Question 16

If a state enacts a law that increases its tax on imported automobiles but not on American-made automobiles,it violates the ________ of the U.S.Constitution.

A) Equal Protection Clause
B) Foreign Commerce Clause
C) Supremacy Clause
D) Due Process Clause

Question 17

Which of the following statements is true with regard to international law?

A) All legal matters of international importance are prosecuted by a single world court that is responsible for interpreting international law.
B) The enforcement of all international laws is regulated by a unitary world executive branch.
C) There is no single legislative source from which all international laws are created.
D) All countries have to follow the international laws enacted by other countries.

Question 18

The ________ is an international organization created by a multilateral treaty in 1945 to promote social and economic cooperation among nations and to protect human rights.

A) United Nations
B) League of Nations
C) General Agreement on Tariffs and Trade
D) World Trade Organization

Question 19

Which of the following statements is true of the Treaty Clause?

A) It provides that the president can make treaties on his own accord autonomously.
B) It provides that the president can enter into treaties with senate approval.
C) It provides that the states have exclusive power to regulate internal and foreign affairs.
D) It provides that the federal government has supremacy over the state in matters of international trade.

Question 20

Treaties arranged by international organizations like the United Nations are known as ________.

A) arraignments
B) easements
C) amendments
D) conventions

Question 21

________ is the largest trading partner of the United States.

A) The United Kingdom
B) Canada
C) Russia
D) Mexico

Question 22

Which of the following statements is true of the International Court of Justice?

A) It is the executive branch of the United Nations that helps interpret international law.
B) It only hears cases of nations, and not of individuals and businesses.
C) It does have the authority to hear cases involving treaties and UN charters.
D) It is headed by the secretary-general of the United Nations.

Question 23

The Eurozone comprises of ________.

A) all the members of the EU
B) EU countries that have voted to use the euro
C) all countries of the continent of Europe
D) EU countries that have eliminated custom tariffs on trade with each other

Question 24

Which of the following statements is true of the NAFTA?

A) Consumers in the United States, Canada, and Mexico began to pay higher prices for goods and services after the formation of NAFTA.
B) Critics contend that NAFTA shifted Mexican jobs, particularly blue-collar jobs, to the United States.
C) Environmentalists have appreciated the pact for preventing pollution in Mexico and for helping the country clean up its natural environment.
D) Many economists assert that NAFTA is not a "free trade" pact but a managed trade agreement.

Question 25

The ________ is a body that prosecutes cases that nations refer to it as well as cases involving treaties and the UN Charter.

A) Security Council
B) General Assembly
C) International Court of Justice
D) International Monetary Fund

Question 26

Which of the following is an example of an autonomous agency of the United Nations?

A) the North Atlantic Treaty Organization
B) the Security Council
C) the World Trade Organization
D) the International Monetary Fund

Question 27

Which of the following statements is true of the NAFTA?

A) It allows a member country to reimpose tariffs if imports are hurting that country's economy or its workers.
B) It disallows any special protection being extended to specific industries.
C) It disallows NAFTA members from trading with other countries unless a unanimous permission is obtained.
D) It has been hailed by economists to be a perfect example of a free trade pact.

Question 28

Which of the following statements is true of the European Union?

A) The European Union was formerly called the European Council.
B) Every country in the European Union has adopted the euro as its monetary unit.
C) Custom duties have been removed among member nations of the European Union.
D) A majority vote of existing EU members is needed to admit a new member country.

Question 29

Under the ________ of the Constitution,treaties become part of the "law of the land," and conflicting state or local law is void.

A) Establishment Clause
B) Treaty Clause
C) Supremacy Clause
D) Due Process Clause

Question 30

The ________ is an institution of the EU that has the authority to enact legislation and to take enforcement actions to ensure member compliance with the treaty.

A) European Union Commission
B) European Parliament
C) European Council
D) European Court of Auditors

Question 31

The goal of ________ is to provide humanitarian aid and assistance to children and mothers of children,primarily in developing countries.

A) IFAD
B) IMF
C) UNESCO
D) UNICEF

Question 32

Which of the following represents the largest free trade area in the world in terms of population?

A) NAFTA
B) ACFTA
C) ASEAN
D) AKFTA

Question 33

Which of the following is true of the International Monetary Fund?

A) The IMF is a federal body that consists of representatives of all the states and federal experts in the United States.
B) The IMF is funded from the Superfund created by the Comprehensive Environmental Response, Compensation, and Liability Act.
C) The IMF is an autonomous agency under the UN which promotes sound monetary, fiscal, and macroeconomic policies worldwide.
D) The IMF is responsible for providing one-time grants to needy countries with no terms and conditions attached to the assistance.

Question 34

The World Bank is ________.

A) an autonomous agency under the aegis of the European Union
B) an agency that monitors the financial collaborations taking place in the eurozone
C) primarily responsible for promoting sound monetary, fiscal, and macroeconomic policies worldwide
D) primarily responsible for providing money to developing countries to fund projects for humanitarian purposes

Question 35

________ is a Dialogue Partner country of ASEAN and meets regularly with ASEAN to discuss regional and economic issues.

A) The United States
B) The United Kingdom
C) Japan
D) South Korea

Question 36

The ________ is a trilateral treaty that has removed or reduced tariffs,duties,quotas,and other trade barriers between the United States,Canada,and Mexico.

A) Free Trade Area of the Americas Treaty
B) North American Free Trade Agreement
C) Central America Free Trade Agreement
D) General Agreement on Tariffs and Trade

Question 37

The ________ is a regional international organization that comprises many countries of Western and Eastern Europe and was created to promote peace and security as well as economic,social,and cultural development.

A) Eurosphere
B) European Parliament
C) Euratom
D) European Union

Question 38

ASEAN Plus Three (APT)is an association that discusses regional economic,social,and political issues in Southeast Asian countries.The "three" in the association refers to ________.

A) Singapore, Malaysia, and Japan
B) Singapore, South Korea, and China
C) China, Japan, and South Korea
D) Malaysia, South Korea, and Japan

Question 39

The IMF is funded by ________.

A) monetary contributions of member nations
B) private donations from nonprofit organizations
C) the World Bank
D) the United Nations

Question 40

Indonesia,Vietnam,Thailand,and the Philippines are members of the ________.

A) Organization of the Petroleum Exporting Countries
B) Association of Southeast Asian Nations
C) Dominican Republic-Central America Free Trade Agreement
D) North American Free Trade Agreement

Question 41

The ________ prescribes comprehensive and integrated rules of religious,political,and legal life that together form Jewish thought.

A) Bhagavad Gita
B) Torah
C) Principia Discordia
D) Book of the Zodiac

Question 42

By default,a case involving an international dispute is prosecuted only in ________.

A) the International Court of Justice
B) a court in the defendant's country
C) a court in the plaintiff's country
D) a court in a neutral country

Question 43

Which of the following replaced the General Agreement on Tariffs and Trade (GATT)?

A) World Bank
B) World Trade Organization
C) International Monetary Fund
D) North American Free Trade Commission

Question 44

Which of the following is true of the Islamic law of Shari'a?

A) The Shari'a disallows making a reasonable profit from the sale of goods and services.
B) All Islamic or muslim-majority countries strictly follow the complete Shari'a to govern all aspects of life.
C) The Shari'a encourages riba through the strict payment and collection of interest on loans within stipulated periods of time.
D) The Shari'a is primarily used in the areas of marriage, divorce, and inheritance and, to a limited degree, criminal law.

Question 45

________ is a clause in an international contract that designates which nation's court has jurisdiction to hear a case arising out of the contract.

A) Equal protection clause
B) Supremacy clause
C) Forum-selection clause
D) Choice of law clause

Question 46

Most Hindus live in ________,where they make up 80 percent of the population.

A) India
B) Burma
C) Singapore
D) Sri Lanka

Question 47

Which of the following statements is true with regard to the canons of Christian faith?

A) The Code of Canon Law produced in 1917 is followed by all sects of Christianity today.
B) Protestants are known for their recognition of the authority of the Pope.
C) The Orthodox churches treat their canons more as guidelines than as laws.
D) The canons remain silent on the legal measures guiding marriage or inheritance.

Question 48

The ________ is an international organization consisting of 153 member nations that was created in 1995 to promote and enforce trade agreements among member countries and customs territories.

A) WTO
B) IMF
C) UNESCO
D) UNICEF

Question 49

Which of the following is provided under the Foreign Sovereign Immunities Act?

A) It stipulates the rules for conflict resolution among the DR-CAFTA members.
B) It endows the president with powers to enter into treaties with foreign nations.
C) It exclusively governs suits against foreign nations in the United States.
D) It regulates commerce between the United States and foreign nations.

Question 50

The ________ is a rule which states that judges of one country cannot question the validity of an act committed by another country within that other country's borders.

A) doctrine of sovereign immunity
B) act of state doctrine
C) Colgate Doctrine
D) Noerr Doctrine

Question 51

________ is an association of several Central American countries and the United States designed to reduce tariffs and trade barriers among member nations.

A) NAFTA
B) ACFTA
C) DR-CAFTA
D) AKFTA

Question 52

In case of a breach in trade agreements of the World Trade Organization (WTO),which of the following WTO bodies first hears the dispute?

A) the WTO panel
B) the WTO appellate body
C) the WTO dispute settlement body
D) the WTO General Council

Question 53

Ecuador,Algeria,and the United Arab Emirates are members of the ________.

A) North American Free Trade Agreement
B) Dominican Republic-Central America Free Trade Agreement
C) Association of Southeast Asian Nations
D) Organization of the Petroleum Exporting Countries

Question 54

________ is a clause in an international contract that designates which nation's laws will be applied in deciding a dispute arising out of the contract.

A) Equal protection clause
B) Supremacy clause
C) Forum-selection clause
D) Choice of law clause

Question 55

The WTO is headquartered in ________.

A) Paris
B) The Hague
C) New York City
D) Geneva

Question 56

What is the role of the WTO dispute settlement body?

A) to hear appeals on decisions made on a dispute
B) to create panel reports on the findings of the dispute
C) to hear the dispute settlement from the plaintiff
D) to review panel reports and decide whether to adopt them

Question 57

The ________ includes a panel of seven judges selected from WTO member nations that hears and decides appeals from decisions of the dispute-settlement body.

A) WTO panel
B) WTO appellate body
C) World Court
D) WTO General Council

Question 58

Which of the following is codified under the Foreign Sovereign Immunities Act?

A) the act of state doctrine
B) the principle of restricted immunity
C) the supremacy clause
D) the choice of forum clause

Question 59

Which of the following is an exception to the Foreign Sovereign Immunities Act?

A) sham exception
B) managed trade exception
C) diversity of citizenship exception
D) commercial activity exception

Question 60

Throughout Christianity,divine and natural laws have been issued in the form of ________.

A) edicts
B) conventions
C) amendments
D) canons

Question 61

The World Bank is financed by contributions from developed countries.

Question 62

The IMF comprises more than 180 countries,of which 50 countries are elected and represented on the board of directors.

Question 63

Only nations,not individuals or businesses,can have cases decided by the International Court of Justice.

Question 64

All the countries of the world are members of the United Nations.

Question 65

Different customs tariffs are established by different EU countries for trade with the rest of the world.

Question 66

All EU countries have voted to use the euro because of which the EU is often referred to as the eurozone.

Question 67

The EU's Council of Ministers is composed of representatives from each member country.

Question 68

Under the Treaty Clause,only the federal government can enter into treaties with foreign nations.

Question 69

Russia is a permanent member of the UN Security Council.

Question 70

The UN General Assembly is composed of 15 member nations.

Question 71

Slovakia and Slovenia are members of the European Union.

Question 72

Two of the world's largest countries,Japan and China,do not officially belong to any significant economic community.

Question 73

NAFTA includes special protection for favored industries that have a lot of lobbying power.

Question 74

U.S.wage rates are about one-tenth of those in Mexico and Canada.

Question 75

A convention is an agreement or a contract between two or more nations that is formally signed by an authorized representative and ratified by the supreme power of each nation.

Question 76

On the international level,the U.S.Constitution gives more power to the state governments than the federal government.

Question 77

The Asia-Pacific region is the world's slowest-growing economic region.

Question 78

There is no world executive branch that can enforce international law.

Question 79

UNICEF is funded by the monetary contributions of member nations,assessed based on the size of each nation's economy.

Question 80

An EU central bank,equivalent to the U.S.Federal Reserve Board,has been established to set common monetary policy within the EU.