Philip Grawzis INTL446 Midterm Assignment

States governments do not have any authority to regulate interstate commerce. True or false

Which statement is true regarding the risk of Politically exposed persons (PEPs)? PEPs provides access to third parties on whom the financial institution has not conducted sufficient due diligence PEPs have significantly greater exposure to the politically corrupt funds,, including accepting bribes or misappropriating government funds PEPs are foreign customers who inherently present additional risk as they are engaged in cross border transctions PEPs generally do not pose enhance risks to an institution due to their political standing; rather, PEPs increase prestige of an institution

Please differentiate between the Customs Act, Customs Tariff Act, and EIPA

In order to suppress the spread of a viral disease, the government has resorted to nonpharmaceutical interventions (NPIs) that restrict the mobility of individuals such as quarantine and lockdown. Provide an economic framework, based on private and social benefits and costs that could guide the government in selecting the appropriate form and level of NPI. In the absence of a highly contagious disease, an individual engaging in activity x does not externalize any cost to others. In the presence of the disease, then an infected individual can transmit the disease to others during the performance of his or her activities. Suppose that there are three kinds of individuals: the uninfected, the infected and symptomatic, and the infected but asymptomatic. Would there be differences in the marginal social benefit of restricting activity for the three individuals? If yes, how are they different from each other?

Please analyze the Customs Tariff Act and draw relationship to importing goods into Canada.

Pls help ASAP

Define ‘Trade Secrets’ and explain with examples, Three(3) reasons why firms use them for protection

The contents of NAFTA include all, but which one of the following:   a. Removal of most barriers on the cross-border flow of services b. Application of national environmental standards, provided that such standards have a scientific basis c. Protection of intellectual property rights d. Abolition of all tariffs on all goods traded between Mexico and Canada

Enforcing contracts that cross international borders is: the responsibility of Interpol. simply a matter of applying the local law to the contract. secondary to who has possession of the goods, regardless of title. quite complicated and governed in most nations by the CISG.

Preparation Corporate social responsibility (CSR, also called corporate conscience, corporate citizenship, or responsible business) is a form of corporate self-regulation integrated into a business model. CSR policy functions as a self-regulatory mechanism whereby a business monitors and ensures its active compliance with the spirit of the law, ethical standards, and national or international norms. With some models, a firm's implementation of CSR goes beyond compliance and engages in "actions that appeár to further some social good, beyond the interests of the firm and that which is required by law." The aim is to increase long- term profits and shareholder trust through positive public relations and high ethical standards to reduce business and legal risk by taking responsibility for corporate actions. CSR strategies encourage the company to make a positive impact on the environment and stakeholders including consumers, employees, investors, communities, and others. Every year,…

Coca-Cola is sold worldwide.  In some countries, Coca-Cola owns the bottling facilities; in others, it has signed contracts with licensees or relies on joint ventures.  When selecting a licensee in each country, what factors should Coca-Cola consider? (from Chapter 6)

The Foreign Corrupt Practices Act (FCPA) prohibits U.S. businesses from paying bribes openly or using a middlemen as conduits for a bribe True or False

Why did the U.S. Supreme Court develop the “effects on interstate commerce” test? Is most commerce considered “interstate commerce” that can be regulated by the federal government? ”

Starting 1 January 2020, the government began imposing a digital services tax (DST) of six per cent on foreign digital service providers (FSPs) in Malaysia. Based on the above required to explain and discuss on administration of digital tax of chargeable person.  Who was the chargeable person and explain on it

Congress cannot impose any export taxes. Congress can, however, use a variety of other devices to restrict or encourage exports. Explain what Congress may do to restrict or encourage exports.

OECS countries Cross-Border Criminal activiities    Literature Review on OECS Countries' cross-border criminal activities

De Beers and Conflict Diamonds (A) For decades De Beers operated a cartel in the diamond industry in which it controlled nearly 80 percent of the distribution of rough diamonds.80 De Beers also produced, primarily in South Africa, a large but decreasing share of the world’s diamonds. The company founded by Cecile Rhodes and managed by the Oppenheimer family bought under long-term contracts the bulk of the world’s diamonds from mining companies, maintained a large inventory, and sold rough diamonds in an orderly manner to maintain high prices. Distribution of the diamonds was through the Central Selling Organization in London, which sold in bulk to diamond cutters.81 De Beers did not have retail operations. This system worked well until 1990 when the production of diamonds increased and more began to leak into the market. The collapse of the Soviet Union and increased production there and production increases in Western Canada and elsewhere resulted in an increase in the…

Some trade companies exported goods under CIP trade terms, during whole130%transportation process, the folowing risks, losses and expenses occurred:(1) Suffered transport vehicles capsizing during transit from the warehouse to the departure port, and resulted in some goods damage.(2) During the loading of the goods from departure port to the ship, one entire package goods faling on shore, caused goods complete damage, and one entirepackage goods falling into the sea, caused some goods slight damage.(3)The ship sufered tsunami during sailing, the engine couldn't work properly, and the ship couldn't move.I(4)Asked tugboat for rescue, and went to refuge port for repairing the ship, and paid salvage charges and warehousing charges.(5) After repairing the ship, the ship sailed again, but suffered heavy weather, caused damage of some goods in the cabin A.(6) Whereafter, suffered grounding, caused complete damage of fragile goods in cabin B.(7) When the ship arrived at the port of destination…

Simco (https://simcodrill.com/) has been contacted by someone in Lithuania  who wants to purchase drilling equipment.  Are there any people in Lithuania to whom the firm cannot sell?  Is the product considered "dual use" and/or does it require an export license?  If it requires an export license, briefly discuss the agency involved and how an export license would be sought. Gerbs (https://www.mygerbs.com/) is considering the sale of dry roasted pumpkin seeds (an allergy friendly food) to some consumers in Lithuania.  Are there phytosanitary requirements?  What would the import tariff be for Lithuania?

Travellers with disabilities The United Nations Year of the Disabled (1981) marked increasing recognition that in a just society the needs of people with disabilities must be met, along with those of other minority groups and the non-disabled. Countries such as Canada and Sweden, which are more welfare-oriented than Australia, have social tourism programs that encourage and tacilitate travel by citizens who are disadvantaged tor economic or other reasons. In Australio, legislation such as the Commonwealth Disability Diserimination Act (1992), and complementary State laws, make it illegal to discriminate against people on the grounds of disability. In the tourism industry there is now a wide perception that destination managers must encourage operators to accommodate this principle when developing their products. The term 'disability covers a variely of impairments- physical, psychoogical and intellectual-which, according to the Australian Bureau ot Statistics (1993), afect about 18 per…

Explain General Agreement on Tariffs and Trade (GATT)?

1 - Baxter Publishing sought to reduce expenditures related to the printing of books in its trade and educational market and contracted with a printing company in China. However, the publishing company soon realized that China has weak enforcement of intellectual property laws and that gray market books began appearing in the marketplace, which greatly affected Baxter's profits. The company found that it had little recourse against the contract manufacturer and learned a very difficult lesson in international marketing. This exemplifies the impact of _______ forces on international business. technological competitive ethical and social responsibility political, legal, and regulatory

I request you to help me to understand what steps we should take to set up Canadian customs compliance program,  help me in detail, so that I will understand easily.

The Foreign Corrupt Practices Act: a) forbids U.S, companies from offering bribes when engaged in foreien business transactions. b) imposes penalties on foreign firms that try to bribe U.S. officials C) clearly states that all gifts that the representatives of a firm receive abroad constitute a form of bribery. d) protects American consumers from fraudulent foreign business practices

As of 1 January 2020, the government has begun imposing a six per cent Digital Services Tax (DST) on foreign digital service providers (FSPs) in Malaysia.       You are required to produce the write up on Digital Service Tax (DST) in Malaysia. Below is the content of your write up.   Provide report on administration of digital tax of chargeable person .Please provide long explaination