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Question
The United States avoids extraterritorial application of its laws.
FALSE
Just the opposite is true, which can make for some interesting issues. During a conflict with Iran, the United States froze all Iranian assets in U.S. banks, including their foreign branches. Iranians in London using U.S. banks could not access their funds, and British loans to Iranians defaulted.
Answer
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Related questions
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The impact of the EU on the WTO could be said to be negative, since:
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C. the euro threatens other hard currencies supported by the WTO, such as the dollar and the yen.
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B. elected by seat holders on the NYSE.
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D. a private organization.
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