Author Question: ________ provides that the actions of foreign governments against U.S. firms are generally beyond ... (Read 71 times)

joblessjake

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________ provides that the actions of foreign governments against U.S. firms are generally beyond the jurisdiction of U.S. courts.
 
  A) Arbitration
  B) The Helms-Burton Act
  C) The principle of comity
  D) The Foreign Sovereign Immunities Act of 1976

Question 2

Thompson Exports prefers payments in advance, while Worldly Imports dislikes making payments in advance. Briefly explain the reason for this difference.
 
  What will be an ideal response?



yasmin

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Answer to Question 1

D

Answer to Question 2

Exporters prefer payment in advance because it reduces their risk, and because they get paid quickly. Payment in advance is undesirable for importers because they must give up use of cash prior to receipt of the goods and bear the risk that the exporter will fail to deliver the goods in accordance with the sales contract.



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