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True or False
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1
The opponents of a VAT argue that it is a consumption-type tax that bears most heavily on the rich.
A)True
B)False
2
Among emerging market countries, tax treaties are viewed as a key tool in giving foreign investors confidence in their stability.
A)True
B)False
3
An important difference between U.S. antitrust laws and those of many other nations is the effort of the U.S. to apply its laws extraterritorially.
A)True
B)False
4
A U.S. federal appeals court refused to permit criminal antitrust laws to apply to foreign companies if the conspiracy took place abroad.
A)True
B)False
5
The inevitable result of voluntary restraint agreements or voluntary export restraints is higher costs to American consumers.
A)True
B)False





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