International Law (Intro)

The video tutorial provides an overview of international law, distinguishing between public and private international law. It discusses international bodies and courts that facilitate dispute resolution. The tutorial covers methods of conducting international business, including sales, licensing, franchising, and investment, while highlighting legal risks and barriers such as US embargoes and import-export laws. It also addresses the challenges of enforcing international agreements and the options for litigation and arbitration.

What is the primary focus of private international law?

• Regulating relationships between nations

• Managing cross-border transactions between individuals

• Resolving disputes in international courts

• Setting standards for international organizations

Which type of international law is concerned with the interactions between nations?

• Commercial law

• Private international law

• Public international law

• Domestic law

What is one method by which a company can engage in international business?

• Creating a nationalized industry

• Licensing and franchising

• Establishing a domestic monopoly

• Implementing local trade restrictions

What is a legal barrier that can affect U.S. companies doing business internationally?

• Foreign investment incentives

• International trade agreements

• Global economic sanctions

• U.S. embargoes and boycotts

Which method can be used to resolve disputes in international agreements?

• International arbitration

• Domestic arbitration

• National litigation

• Local mediation