2do examen 3er sem Flashcards
what other name has the non-direct invesntment?
foreign portfolio investment
which type of foreign direct investment amounts to transferring the ownership of existing assets to an owner abroad?
mergers and acquisitions
how much did the investment in mexico grew during pandemic?
315%
who is the USA top source of foreign direct investment?
mexico
after the pandemic, the percentage of foreign income decreased?
false, it increased
what is the activity that contributes the most to foreign investment?
infraestructure
is one of the reasons why economies enter FDI treaties?
to protect outward investors in foreign market
sustainable development goal that talks abput foreign investment
17
how many FTAS (Free Trade Agreement) does Mexico has?
13
is a treaty signed between two or more economies with the objectives of promoting and protecting foreign investment?
international investment treaty
describes dispute resolution mechanism except…
meddles with a state’s domestic interests
is a reason for the existence of dispute resolution mechanisms
establish binding resolutions to ensure compliance
the ICSID provides for settlement of disputes by conciliation, arbitration or fact-finding
true
can individual trade deals create separate state-state arbitration mechanisms?
true
how many types of disputes are used?
2
which dispuye is the one that a government challenges the trade policies of another government?
state-.state
if a case is adjudicated, it should normally take no more than…
1 year
they give the parties an opportunity to discuss the matter and to find a solution without resorting to litigation
consultation
what is DSM?
is the forum of mediation
who does the WTO focuses in a DSM?
the respondent country
how many types of services classification categories are there?
3
its not a characteristic of services
tangibility
qualitative changes produce:
new legal system
mexico has the following form of trade in services
service mobility
what were the new objectives of USMCA?
regional economic growth with more employment and better wages
in which year the USMCA enter into force?
01 january 2020
is one of the services that the General Agreement on Trade in Services offers
border supply
One of the statements of the GATT philosophy is “trade without discrimination”
true
What is one of the main problems in analyzing service economies?
the absence of a precise definition of services
which are examples of public services?
water supply, education, garbage collection, public transportation and mail
name of the tariff which is charged on each imported good
specific
developing countries use taiffs in a bigger amount because
lack of sources of government revenue
economists have criticized this strategy as counterproductive and wasteful
subsidizing industries that have been hit
countries are free to retaliate with tariffs of their own and if the retaliation escalates enough it is called:
trade war
what is the name giving to responding to a tariff with a higher tariff ?
retaliatory tariffs
true or false, firms that use domestic priducts as inputs also see their purchasing power shrink, as tariffs allows domestic producers to raise prices
true
true false, tariff wars occur to encourage citizens country to buy an exporting country’s product by raising the cost of those products
false
this year marks the beggining of the tariff war practices
1920
which country had the highest tariff in 2020?
bermudas
true false, Tariff Rate Quota varies depending on the country from where the product is imported
false
Contractual arraggement between states concerning their trade relationships
trade agreement
which agreement does the USMCA replace?
NAFTA
how long will the USMCA remain in force?
16 years
what sector of the economy does the Digital Trade Chapter favor in the USMCA?
technology
what is the mexican institution that regulates the Joint Steering Committee of the Agreement on Science, Technology and Innovation between Mexico and the European Community?
CONACYT
What year was the Agreement on Science, Technology and Innovation between Mexico and the European Community renewed?
2020
what is one of the new areas of interest for the new term of the Agreement on Science, Technology and Innovation between Mexico and the European Community?
Sustainable cities
what does the USMCA specifically protect Canada and Mexico from?
Section 232, US imposed regulations like tariffs
when did both secretaries of commerce meet?
march 1st
what is the FTA between South Korea and Mexico for?
trade of technology
is the outflow of funds and products from one country to another
import
document declaring in which country a commodity or good was manufactured
certificate of origin
which is the best option before making an import?
order samples by couries
which of the following is the most recommended Incoterm?
FOB (free on board)
document supplied by the shipper that provides information about the shipment, including a description of the goods, the value of the goods, and shipper information
commercial invoice
document that can help determine whether certain goods are eligible for import, or whether goods are subject to duties
certificate of origin
for which process do we need a bill of landing?
import
which law establishes which documents do we need?
customs law
how many types of motion are there?
3
which article of the constitution mentions the supremacy of the constitution in the country?
133
regulate the entry into and exit from national territory of meand in which they are transported
customs law
