1. In the El Al Israel Airlines case, what was the ISSUE?
2. What is the function of a documentary letter of credit?
3. In the U.S. federal government, where does the power to regulate international commerce lie? Give an example from the text of how that power has been illustrated in a case.
4. President Trump has pulled the U.S. out of the Paris/U.N Climate Change agreement. On what authority can he do that?
5. What is the general process that is followed to create an international trade agreement, like the GATT, NAFTA or the TPP?
6. How does such an agreement become U.S. law?
7. You have made a potentially important scientific discovery. You intend to market your invention outside the U.S. You want to make sure that you and your family benefit from it monetarily. What would you do to protect yourself? Don’t be afraid to take us through the entire process of commercialization and IP protection.