How does international law facilitate international trade and investment?
A. It makes it easier to resolve contract disputes for firms involved in internatio nal
trade and investment.
B. It allows business to choose the most favorable national legal system to instit ute
proceedings.
C. The terms used in international conventions are open to differing interpretations.
D. The Uniform Commercial Code favors big US multinationals.

1 Answer

Answer :

It makes it easier to resolve contract disputes for firms involved in internatio nal
trade and investment.

Related questions

Description : The mode of entry into international business with least risk to the firm is: A. Indirect exports B. Direct exports C. Management contract D. Contract Manufacturing

Last Answer : Indirect exports

Description : From the point of view of international business, an organization that enjoys competitive advantage in an industry has done so by: A. Focusing on long-term profit. B. Charging lower prices than competition. C. Creating superior value for customers. D. Constantly enlarging its marketing activities.

Last Answer : Creating superior value for customers.

Description : Which of the following constitutes Foreign Direct Investment? A. A speculator trying to make a profit by buying company shares on a foreign stock exchange. B. A UK energy company buying territory ... D. A company signing an agreement with a wholesaler to distribute its products in foreign markets.

Last Answer : A tourist purchasing foreign currency to spend on a holiday abroad.

Description : The International Monetary Fund is important because: A. It has sufficient financial resources to deal with a major global financial crisis. B. It has sufficient financial resources to help individual ... C. Emerging economies can exercise significant influence on it. D. It fixes exchange rates.

Last Answer : It has sufficient financial resources to help individual countries facing balance of payments problems

Description : typically offer more flexibility in international markets A. SMEs B. LSEs C. MNEs D. None of the above

Last Answer : SMEs

Description : Which of the following could be defined as a multinational company? A. A firm that owns shares in a foreign company but does not participate in the company's decision making. B. A UK based internet ... origin. D. A finance company transferring its HQ and all its activities from the UK to the US.

Last Answer : A firm owning a chain of supermarket outlets outside its country of origin.

Description : What functions do financial institutions traditionally perform? A. They mobilize savings and investments. B. They expand risk. C. They spread risk. D. They offer only short-term finance.

Last Answer : They mobilize savings and investments.

Description : What one of the following is not the advantage of MNCs to the host country? A. Increase in social activities B. Increase in economic activities C. Utilization of natural resource D. R&D efforts enhanced.

Last Answer : Increase in social activities

Description : Governmental regulations can affect the viability & ----------- of a company using the internet as a foreign market entry mode. A. effectiveness B. association C. performance D. None of the above

Last Answer : effectiveness

Description : Global companies can----------- its experience to expand its global operations. A. ContractB. Expand C. Minimize D. Leverage

Last Answer : Leverage

Description : The following is an export intermediary: A. Export house B. Trading house C. A manufacturing exporter D. Merchant exporter.

Last Answer : A manufacturing exporter

Description : Which of the following is an advantage of turnkey projects? A. Can earn a return on knowledge asset B. Will not create a competitor C. Tight control of operations D. All the above

Last Answer : Can earn a return on knowledge asset

Description : Ultimately ----- was replaced by---- on 1st January 1995. A. GATS, WTO B. WTO, GATS C. GATT, WTO D. IMF, GATT

Last Answer : GATT, WTO

Description : International ohm is defined in terms of the resistance of?

Last Answer : International ohm is defined in terms of the resistance of a column of mercury.

Description : How to Prepare for International Travel

Last Answer : How to Prepare for International Travel If you've never gone on an international trip before, the things that you need to do can get pretty confusing. Here are the things you need to arrange ... Sharp objects with 4″ blade or longer Beverages larger than 3 oz. Flammable items Sports bats Heavy tools

Description : I want to ship a package internationally. What can you tell me about DHL package delivery service? Is there a better company to choose when shipping valuable items?

Last Answer : How about FedEx? I don’t know if they do international. I guess I would start with the postal service.

Description : What's the cheapest way to send text messages (SMS) between consumers in the US & UK?

Last Answer : sign-up for a Yahoo Messenger acct and register each of your cell numbers to each of your YM accounts. You can then SMS locally at both ends when you’re signed in as mobile.

Description : Which of these is not the function of World Bank? (a) To arbitrate on international trade disputes. (b) To help the member countries in the reconstruction and development of their countries. ... and credit by guaranteeing repayment. (d) To promote long term balanced growth of international trade.

Last Answer : (a) To arbitrate on international trade disputes. 

Description : Anyone care to celebrate the life of Victoria Wood with a memory, clip or story?

Last Answer : answer:I wish that I had been introduced to her long ago. This was fun

Description : What superstitions do you believe in / follow?

Last Answer : None. I do not believe in ANY superstitions.

Description : Does anyone know of an easy way to export phone format preferences in OSX?

Last Answer : You can export your address book list and email it to yourself. Or, you could use mobileme if you have an account. These are the instructions for exporting your address book.

Description : Is there a number you can call from America for Brazilian directory assistance?

Last Answer : Try this: http://www.phonebookofbrazil.com

Description : What's the matter with Sweden?

Last Answer : answer:one of internet’s largest torrent tracker, the pirate bay, is based on sweden and the whole world is pressuring sweden to take down the site but thepiratebay is stilll up btw if you want current events about sweden try this

Description : Which of the following legal statement is incorrect? (a) An agreement enforceable by law is a contract [Section 2] (b) All agreements are contracts [Section 10] (c) A proposal when accepted becomes ... and every set of promise forming the consideration for each other is an agreement [Section 2(e)]

Last Answer : (b) All agreements are contracts [Section 10]

Description : The Law of Contract is nothing but ............... (a) A Child of Commercial dealing (b) A Child of Religion (c) A Child of day to day Politics (d) A Child of Economics.

Last Answer : (a) A Child of Commercial dealing

Description : Which allows banks and other financial institution to auction residential or commercial properties to recover loans? A. Industrial Disputes Act 1947 B. Foreign Exchange Management Act, 1999 C. Banking Regulation Act, 1949 D. SARFAESI Act, 2002 E. None of the Above

Last Answer : D. SARFAESI Act, 2002 Explanation: The Securitisation and Reconstruction of Financial Assets and Enforcement of Security Interest Act, 2002 (also known as the SARFAESI Act) is an ... allows banks and other financial institution to auction residential or commercial properties to recover loans.

Description : What do law firms need to optimize a legal contract management process?

Last Answer : I guess that to optimize a contract management process in law firm its important to automate as many mundane tasks as it is possible, keep all contracts in one repository. And obviously they ... contract management software. Something like Parley Pro, they seem to fit all the demands listed above.

Description : Which one of the following is the best statement about the Indian Contract Act? (a) It is an exhaustive code containing the entire law of contract. (b) It is an Act to amend certain parts of ... the entire law of contracts being an Act to define and amend certain parts of law relating to contract.

Last Answer : (c) It is an Act to define certain parts of the law relating to contracts and contains only the general principles of contract.

Description : To facilitate communication, marketing managers should A)emphasise the firm's marketing objectives. B)establish an information system within the marketing unit. C)form an open-communication group within the marketing unit. D)integrate marketing activities with other departments.

Last Answer : B)establish an information system within the marketing unit.

Description : IBRD (International Bank for Reconstruction and development) is also known as: - A. Exim Bank B. International Bank C. World Bank D. International Monetary Fund

Last Answer : World Bank

Description : In Commercial and business agreements, the intention of the parties to create legal relationship is (a) Presumed to exist (b) To be specifically expressed in writing (c) Not relevant or all (d) Not applicable.

Last Answer : (a) Presumed to exist

Description : A makes a contract with B to beat his business competitor. This is an example of (a) valid contract. (b) illegal agreement. (c) voidable contract. (d) unenforceable contract.

Last Answer : (b) illegal agreement.

Description : Which of the following methods are used in creative accounting? (a) Off balance sheet financing (b) Abuses of accounting concepts and conventions (c) Manipulating assets and liabilities (d) Over and under valuation of inventories

Last Answer : A. OFF BALANCE SHEET FINANCING

Description : How does the government support business by developing law that allows individuals to operate businesses as corporations?

Last Answer : It's right there in your textbook in the Economic Policy chapter. Really, @lynnk - think about it before you ask people to do your assignments. Are there advantages to being a corporation? ... eye. If these advantages exist, then does the government have an interest in the success of corporations?

Description : Which of the following statements about the Crime and Criminal Tracking Network System (CCTNS) is/are correct? 1. It will facilitate real time access of classified criminal data to the law enforcement authorities. 2. National Crime ... below- 1) 1 only 2) 2 only 3) Both 1 and 2 4) Neither 1 nor 2

Last Answer : 1) 1 only

Description : Why do some gas stations have differing prices?

Last Answer : It depends on their contract with their deliverer. They have very little leeway, as the profit margin on gasoline is so small. That’s why so many gas stations have become convenience stores.

Description : To facilitate entry of a catheter into the male urethra, the penis should be positioned at which of the following degree angles (in relation to the body)? a) 90 degrees A right ... and inappropriately positioned for catheterization. d) 270 degrees A 270-degree angle is a physical impossibility.

Last Answer : a) 90 degrees A right angle straightens the urethra and makes it easier to insert the catheter.

Description : Globalisation means A. Adopting a global outlook for business B. Inviting multinationals in the country C. Selling in the foreign market D. All of the above

Last Answer : A. Adopting a global outlook for business

Description : Will the RIAA become extinct or will it be reborn in a much more favorable form?

Last Answer : Its funny you ask this question, 20 minutes ago i stumbled on these amazing articles.

Description : Which of the following do NOT facilitate globalization? A. Improvements in communications B. Removal of barriers to trade and investment C. Immigration controlsD. Removal of controls on movement of capital across borders

Last Answer : Immigration controls

Description : ----------- maintains self developed network of outside contacts and informers who provide favors and information. (a) Entrepreneur ; (b) Monitor ; (c) Liaison ; (d) Figurehead

Last Answer : (c) Liaison ;

Description : The transnational structure is: a) dominated by hierarchy. b) not dominated by hierarchy c) designed for vertically integrated international firm. d) appropriate for export firms.

Last Answer : appropriate for export firms.

Description : Governments can encourage globalization of industries by: a) increasing tariffs and regulations b) creating common international technical standards c) subsidising domestic firms that expand internationally d) subsidising foreign firms that invest in their country

Last Answer : creating common international technical standards

Description : What are the two main functions of the WTO? A. The promotion of free trade and economic liberalism B. The administration of the WTO agreements and the resolution of international trade ... of the WTO's institutional framework and the promotion of economic co-operation amongst its members

Last Answer : D. The administration of the WTO’s institutional framework and the promotion of economic co-operation amongst its members

Description : What is the underlying characteristic of the WTO? A. It facilitates economic co-operation between different countries B. It resolves disputes between economic trade blocks C. It facilitates ... the Uruguay round, the organisation's ultimate goal being the promotion of free international trade

Last Answer : D. It acts as an umbrella institution that regulates the agreements concluded at the Uruguay round, the organisation’s ultimate goal being the promotion of free international trade

Description : Which of these is not the function of IMF? (a) It provides mechanism for orderly adjustment of exchange rate (b) It provides mechanism for international consultation (c) It provides forum for ... of international trade disputes (d) It is a reservoir of the currencies of all the member countries

Last Answer : (c) It provides forum for settlement of international trade disputes  

Description : Change in one or more of the important terms in a contract, it is the case of (a) Novation (b) Rescission (c) Remission (d) Alternation

Last Answer : (d) Alternation

Description : An optimal business partner in a successful international strategic alliance should have two key qualities: a) Corporate culture fit and national culture fit b) Partner-related criteria and task-related criteria c) Cultural fit and trust d) Strategic fit and cultural fit

Last Answer : Strategic fit and cultural fit

Description : The Diamond Model assumes that: a) Multinational firms must develop global strategies based only on home demand conditions. b) Multinational firms must pay less attention to global consumers than domestic ... a firm plays a key role in shaping that firm's competitive advantage in global markets.

Last Answer : The national home base of a firm plays a key role in shaping that firm's competitive advantage in global markets.

Description : The belief that a firm's obligation goes beyond that required by law and economics, and includes a pursuit of long-term goals that are good for society is known as: (a) Social responsiveness ; (b) Ethical responsibility ; (c) Social responsibility ; (d) Social obligation

Last Answer :  (c) Social responsibility ;