Question: Tariffs are distinguished from quotas in that ________. a. tariffs do not restrict the specifically quantity imported like quotas but instead tax the imports. b.

Tariffs are distinguished from quotas in that ________.

a. tariffs do not restrict the specifically quantity imported like quotas but instead tax the imports.
b. tariffs are taxes imposed on imports and quotas are restrictions placed on exports.
c. tariffs are taxes imposed on imports by another country and quotas are imposed by foreign countries on how much can exported to the U.S.

Dealing with a customer or seller in another country ________.

a. A U.S. company is always required to deal with the law of the foreign country.
b. A U.S. company can always choose to be governed by U.S. law.
c.

always raises issues over which country or countries law(s) will be applied and issues of jurisdiction to hear the case.

A failed or failing state is best described as a country or region ________.

a. a government which has failed or is failing to govern with the consent and approval of its people.
b. little or no government asserting control or responsibility for its citizens and their actions.
c. an organization or government not recognized by the international community.

Which of the following best describes different sources of international law?

a. treaties, decisions of state courts, U.N. resolutions
b. treaties/conventions, decisions of state law, and common law
c. U.S. Constitution, treaties/conventions, and common law

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