The Source of International Law Is Mostly the Tendency of Powerful

question 53

True/False

The source of international law is mostly the tendency of powerful nations to apply their laws extraterritorially.

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Definitions:

Fixed Costs

Expenses that do not change in proportion to the activity of a business, such as rent, salaries, or insurance.

Materials Markup

The extra percentage added to the cost price of goods to cover overhead and profit when selling goods.

Labor Rate

The cost paid to labor per unit of time, often referred to as wage rate or hourly rate.