Badm300 International Business Law Exam Questions with Correct Answers

Badm300 International Business Law Exam Questions with Correct Answers


Question 1:
Foreign Commerce Clause
Answer:
Congress regulates commerce between U.S. and other countries



Question 2:
Treaty Clause
Answer:
Gives president more power to enter treaties



Question 3:
Bilateral Treaty
Answer:
Agreement between 2 countries



Question 4:
Multilateral Treaty
Answer:
Agreement between multiple countries



Question 5:
General Assembly
Answer:
Main legislative body of the United Nations



Question 6:
Security Council
Answer:
1. Ensures international peace and security of the United Nations and accepts

, Question 7:
2. 15 members, 5 are permanent
Answer:
new members



Question 8:
Economic and Social Council
Answer:
Promotes development of economic, social, and environmental issues for the United Nations



Question 9:
International Court of Justice
Answer:
Judicial branch of the United Nations



Question 10:
Secretariat Implements policies
Answer:
United Nation's administrative arm Sets agenda for meetings



Question 11:
European Union
Answer:
1. Selective membership



Question 12:
3. Core goals: Promote security, free trade, ease of movement for citizens, and the adoption of
a common currency
Association of the Southeast Asian Nations
Answer:
10 Asian states, but not China, India, Japan or South Korea