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PARTA Thispartiscompulsory.Itcontains5(five)questions.Youarerequiredtoanswereachofthequestions.Eachquestionisworthsixmarks.Youarerequiredtowritedownyourrightanswersonyourexaminationpaper. 1.Describechoicesforpartiesinanarbitration 2.Describeprotectionistmeasuresbesidestariffs 3.Describemethodsofinternationalcommercialdisputesettlement 4.DescribeTRIPS 5.DescribecoverageofUNIDROITPrinciples 6.Whyisdomesticcontractlawrelevantwheretointernationalsalescontractswherebothbuyerandseller’scountriesarecontractingpartiestotheConventionontheInternationalSaleofGoods1980(CISG)? 7.Inrelationtotheinternationalcarriageofgoods,explainwhatismeantby‘theamendedHagueRules’andwheretheyaretobefound.DotheyapplyinChina?DotheyapplyinAustralia? 8.DescribeWTOdisputeresolution 9.DescribeCISG 10.DescribeBillsofLadingandtheirFunctions PARTB Thispartiscompulsory.Itcontains10(ten)shortitems.Youarerequiredtoanswereachpartofthisquestion.Eachitemisworththreemarks.Youarerequiredtocircleyourrightanswersonyourexaminationpaper. 1.Thecustomsdeductivevalueisbasedonthepriceactuallypaidforthegreatestnumberofunitssoldtorelatedpersonsintheimportingcountryataboutthesametime. True/False 2.Aservicemarkisamarkusedinthesaleoradvertisingofservicestoidentifytheservicesofonepersonanddistinguishthemfromtheservicesofanother. True/False 3.Thedifferencebetweenthenationalmultinationalenterpriseandtheinternationalmultinationalenterpriseisthattheinternationalmultinationalenterprisehastwoormoreparentcompanieslocatedindifferentstates. True/False 4.SafeguardsareregularactionsthataWTOmemberstatemaytaketoprotectitsdomesticindustriesfromseriousinjuryfromasuddenincreaseinthequantityofanimportedproduct. True/False 5.Apatentisastatutoryprivilegegrantedbythegovernmenttoinventors,andtoothersderivingtheirrightsfromtheinventor,forunfixedperiodofyears,toexcludeotherpersonsfrommanufacturing,using,orsellingapatentedproductorfromutilizingapatentedmethodorprocess.True/False 6.Alicenseisanonexclusiverevocableprivileg