Instructor Manual with Test Bank for International Business The Challenges of Globalization 8th Edition By John Wild, Kenneth Wild (All Chapters, 100 Original Verified, A+ Grade)

Chapterb1:bTestbBank
A.bWHATbISbINTERNATIONALbLAW?b
1.bInternationalblawbisbthebbodybofbrulesbandbnormsbthatbregulatesbactivitiesbcarriedbonb
outsidebtheblegalbboundariesbofbnations.b
Answer:bTrue
2.bInternationalblawbregulatesbrelationshipsbbetween:b
a.bstatesbandbstates.b
b.bstatesbandbpersons.b
c.bpersonsbandbpersons.b
d.bAllbofbthebabove.b
e.bBothba.bandbb.babove.b
Answer:bd
3.bWhichbofbthebfollowingbisbanbexample/arebexamplesbofbthebsubjectbmatterbofbpublicb
internationalblaw?b
a.bContractsbandbsales.b
b.bSecuritiesbregulations.b
c.bStatebsuccession.b
d.bAllbofbthebabove.b
e.bNonebofbthebabove.b
Answer:bc
4.bWhichbofbthebfollowingbisbanbexample/arebexamplesbofbthebsubjectbmatterbofbprivateb
internationalblaw?b
a.bAntitrust.
b.bNationality.b
c.bStatebresponsibilitybtobaliens.b
d.bAllbofbthebabove.b
e.bBothba.bandbb.babove.b
Answer:be
5.bInbcontemporarybinternationalblaw,bthebdivisionbbetweenbpublicbandbprivateblawbisb
precisebandbwellbdefined.b
Answer:bFalse
6.bInternationalblawbisbnotbreallyblawbsincebtherebisbnobworldwideblegislaturebtobenactbit.b

,Answer:bFalse
7.bComitybisbthebpractice,borbcourtesy,bbetweenbnationsbofbtreatingbeachbotherbwithb
goodwillbandbcivility.b
Answer:bTrue
8.bComitybisbnotblawbbecausebcountriesbdobnotbregardbitbasbsomethingbtheybarebrequiredb
tobrespect.b
Answer:bTrue
9.bLawbis:b
a.babrulebestablishedbbybauthority,bsociety,borbcustom.b
b.babbodyborbsystembofbrules.b
c.bthebcontrolborbauthoritybimposedbbybabsystembofbrules.b
d.bAllbofbthebabove.b
e.bNonebofbthebabove.b
Answer:bd
B.bTHEbMAKINGbOFbINTERNATIONALbLAW
10.bDespitebtheblackbofbinternationalblaw-makingbmachinery,bstatesbfunctionbinformallybas
bothblobbyistsbandblegislators.b
Answer:bTrue
11.bInternationalblawbexistsbwhenbtherebisbabconsensusbofbthebinternationalbcommunity.b
Answer:bTrue
12.bEvidencebofbthebgeneralbconsentbofbthebinternationalbcommunitybtobthebexistencebofbab
rulebofbinternationalblawbcanbbebfoundbin:b
a.bdecisionsbofbthebInternationalbCourtbofbJustice.b
b.bresolutionsbpassedbbybthebUNbGeneralbAssembly.b
c.bthebconductbandbpracticesbofbstatesbinbtheirbdealingsbbetweenbthemselves.b
d.bAllbofbthebabove.b
e.bBothba.bandbc.b
Answer:bd
13.bUnratifiedbtreatiesbandbreportsbofbinternationalbagenciesbarebsometimesbcitedbasb
evidencebofbabtrendbtowardbthebdevelopmentbofbabrulebofbinternationalblaw.b
Answer:bTrue
14.bCaseblawbderivedbfrombthebdecisionsbofbarbitrationbtribunalsbhearingbdisputesbbetween

, privatebpartiesbisbneverbusedbasbasourcebofbinternationalblawbrules.b
Answer:bFalse
C.bSOURCESbOFbINTERNATIONALbLAWb
15.bThebsourcesbofbinternationalblawbwhichbArticleb38(1)bofbthebStatutebofbtheb
InternationalbCourtbofbJusticebstatesbthatbthebcourtbisbpermittedbtobusebinbsettlingbdisputesb
are:b
a.bgeneralbprinciplesbofblaw.b
b.binternationalbconventions.b
c.bthebcaseblawbofbmunicipalbcourts.b
d.bAllbofbthebabove.b
e.bBothba.bandbb.baboveb
Answer:bd
16.bInbdeterminingbifbabpracticebhasbbecomebabrulebofbinternationalbcustomaryblaw,bArticle
38(1)bofbthebStatutebofbthebInternationalbCourtbofbJusticebstatesbthatbthebcourtbisbpermittedb
toblookbto:b
a.beconomicbtrends.b
b.bhistoricalbrecords.b
c.bteachingsbofblegalbwriters.b
d.bAllbofbthebabove.b
e.bBothba.bandbb.babove.b
Answer:bc
17.bWhichbofbthebfollowingbsourcesbofbinternationalblawbdoesbthebInternationalbCourtbofb
Justicebnormallybregardbasbthebmostbauthoritative?b
a.bCustomarybinternationalblaw.b
b.bGeneralbprinciplesbofblaw.b
c.bInternationalbconventions.b
d.bJudicialbdecisions.b
e.bTeachingsbofblegalbwriters.b
Answer:bc
1.bTreatiesbandbConventions
18.bTreatiesbandbconventionsbhavebbindingbeffectbbecause:b
a.bonebcountrybfearsbthatbifbitbdoesbnotbrespectbitsbpromises,botherbcountriesbwillbnotb