Many of the world’s largest corporations refer to the determination of their international commercial disputes to the International Court of Justice in The Hague, often referred to as the World CourtGroup of answer choicesTrueFalse

The World Trade Organization provides two procedures for the resolution of disputes between countries. One way is to request the WTO Council to appoint a "panel" to adjudicate the dispute; the other way is        Group of answer choicesto refer the dispute to the Free Trade Commission for settlement.a consultation and, if necessary, conciliation procedure—essentially a diplomatic solution.to submit to the International Compensation Board, who will review the matter and publish a report with their recommendations.to turn over the matter to the International Mediation Review Board.Next

n which international court are disputes between states resolved?Question 18Answera.International Criminal Courtb.International court of justice

EU court of justice hear cases brought from:Group of answer choicesCompanies or businesses on trademarks, competition law, agriculture, and anti-terrorist legislationthe EU citizen against the EU institutionsMember states against the European commissionAll options are correctNext

Makes short notes on -a) The International Court of Justice (ICJ). 8 Marksb) The Mechanisms for International Criminal Tribunals. 6 Marksc) International Center for Settlement of International Disputes

Which of the following is true of the World Trade Organization (WTO)?Group of answer choicesIts functions are governed by the Rome Statute.Its dispute settlement process is governed by an agreement known as the General Agreement on Tariffs and Trade.It is responsible for implementing and enforcing the rules of international trade between nations.It is the trade-dispute settlement body of the United Nations.