1International law is influenced by a combination of law, religious tenets, and ______ relations.
Diplomatic
2The three primary sources of international law are ______, customs, and judicial decisions.
Treaties
3Most modern-day treaties were created after what event?
World War II
4What international agreement sets standards for interpreting treaty law?
Vienna Convention on Treaties
5Customary international law is based on ______ state practice.
Consistent
6Which international legal principle encourages courts to respect the decisions of foreign courts?
Comity
7Comity is not a legal requirement but is based on expectations of ______ treatment.
Reciprocal
8What legal doctrine prevents courts from ruling on another country’s government acts?
Act of State Doctrine
9Public international law primarily governs relationships between what entities?
Nations and international organizations
10Private international law regulates disputes between what parties?
Individuals and businesses across borders
11A treaty is an agreement between two or more nations to ______.
Cooperate
12What are the three primary sources of international law?
Treaties, customs, judicial decisions
13The United Nations (UN) was established after what war?
World War II
14What is the main purpose of the World Trade Organization (WTO)?
Regulate international trade
15What international organization helps stabilize world currencies?
International Monetary Fund (IMF)
16What organization works to eliminate bribery in global business?
Organization for Economic Cooperation and Development (OECD)
17What U.S. law prohibits bribery of foreign officials?
Foreign Corrupt Practices Act (FCPA)
18Under the FCPA, who qualifies as a “foreign official”?
Government employees, political party officials, or public organization workers
19What international court settles disputes between nations?
International Court of Justice (ICJ)
20The European Court of Justice (ECJ) enforces laws for what political entity?
European Union (EU)
21What type of legal clause specifies which country’s laws govern a contract?
Choice of Law Clause
22A forum selection clause determines where ______ will be resolved.
Legal disputes
23Sovereign immunity protects nations from being sued in ______ courts.
Foreign
24The FSIA allows lawsuits against foreign governments engaged in ______ activities.
Commercial
25The CISG governs what type of contracts?
International sale of goods
26Under the CISG, are contracts required to be in writing?
No
27Which legal system is based primarily on written codes?
Civil law system
28What legal system relies on judicial precedents?
Common law system
29Which religious-based legal system is derived from the Qur’an?
Sharia law
30Countries using mixed legal systems often combine elements of ______.
Civil, common, and religious laws
31What type of arbitration resolves disputes between parties of different nationalities?
International arbitration
32The New York Convention ensures that arbitration awards are ______.
Enforceable internationally
33What three major bodies administer international arbitration?
ICC, LCIA, AAA
34What organization specializes in resolving intellectual property disputes?
World Intellectual Property Organization (WIPO)
35Mediation is different from arbitration because it is ______.
Non-binding
36Conciliation is a form of ______ negotiation.
Third-party-assisted
37What is the centerpiece of the FCPA?
Anti-bribery provision
38What organization develops global trade and arbitration standards?
International Chamber of Commerce (ICC)
39What agreement sets minimum standards for intellectual property rights?
TRIPS Agreement
40The Paris Convention ensures equal protection for ______.
Foreign patent holders
41The Madrid Protocol simplifies ______ registration.
International trademarks
42What treaty provides copyright protection across multiple countries?
Berne Convention
43What treaty extends copyright protection to digital works?
WIPO Copyright Treaty (WCT)
44What agreement simplifies the international patent application process?
Patent Cooperation Treaty (PCT)
45What term refers to standardized shipping and delivery terms in international trade?
INCO Terms
46FOB (Free on Board) means the seller’s responsibility ends when goods are ______.
Loaded onto a ship
47What does FCA (Free Carrier) mean in trade agreements?
Seller delivers goods to a designated carrier
48EXW (Ex Works) places responsibility for transport on the ______.
Buyer
49What agreement laid the foundation for WTO trade rules?
General Agreement on Tariffs and Trade (GATT)
50Trade barriers include tariffs, quotas, and ______.
Regulations
51Selling goods below market value to drive out competition is called ______.
Dumping
52Countervailing duties are tariffs used to offset ______.
Unfair subsidies
53The Most-Favored-Nation principle requires equal trade treatment among ______.
WTO members
54National Treatment ensures that foreign goods are treated like ______.
Domestic goods
55Investment treaties protect foreign investors from ______.
Discriminatory treatment
56What term refers to government seizure of private assets?
Expropriation
57The Geneva Conventions regulate what aspect of war?
Treatment of prisoners and wartime conduct
58What international court prosecutes crimes against humanity?
International Criminal Court (ICC)
59The UN Security Council enforces rulings of the ______.
International Court of Justice
60Trade restrictions used as political leverage are called ______.
Economic sanctions
61What are restrictions on the sale of sensitive technology to foreign nations called?
Export controls
62Foreign Direct Investment (FDI) occurs when a company invests in ______.
Operations in another country
63Multinational corporations (MNCs) operate in ______.
Multiple countries
64Corporate Social Responsibility (CSR) requires businesses to follow ______.
Ethical standards
65What agreement bans corporate bribery in international business?
OECD Anti-Bribery Convention
66What treaty aims to reduce greenhouse gas emissions?
Kyoto Protocol
67The Paris Agreement is focused on combating ______.
Climate change
68Double taxation treaties prevent companies from being taxed ______.
Twice
69What practice shifts profits between subsidiaries to reduce tax liability?
Transfer pricing
70Bank secrecy laws protect financial privacy but may enable ______.
Tax evasion
71What market facilitates the global trading of currencies?
Foreign exchange market
72A pegged currency is fixed to another ______.
Currency
73A floating exchange rate is determined by ______.
Market forces
74A country with a trade surplus has more ______ than imports.
Exports
75Sovereign debt refers to a country’s issuance of ______.
Bonds
76Bilateral Investment Treaties (BITs) protect investors from ______.
Unfair treatment
77What is the primary risk for companies operating in politically unstable regions?
Political risk
78The Export-Import Bank (EXIM) finances U.S. ______.
Exports
79What international institution funds economic development projects?
World Bank
80What type of agreements promote economic integration, such as NAFTA and the EU?
Regional Trade Agreements (RTAs)
81What law governs international shipping and ocean resource use?
Maritime law
82UNCLOS defines what aspect of international waters?
Maritime zones
83What international law targets crimes like hijacking at sea?
Piracy laws
84What treaty governs activities beyond Earth’s atmosphere?
Outer Space Treaty
85The Budapest Convention addresses what modern global threat?
Cybercrime
86What regulation protects consumer data privacy in the EU?
General Data Protection Regulation (GDPR)
87International e-commerce is regulated under ______.
Digital trade agreements
88What is the primary purpose of consumer protection laws?
Ensure fair business practices
89The future of international law is shaped by globalization and ______.
Technology