Sam,a Citizen of New Mexico,wants to File a Suit Against

question 70

Multiple Choice

Sam,a citizen of New Mexico,wants to file a suit against Tanya,a citizen of Texas.Their diversity of citizenship may be a basis for

• A)any court to exercise in rem jurisdiction.
• B)a federal district court to exercise original jurisdiction.
• C)a U.S.court of appeals to exercise appellate jurisdiction.
• D)the United States Supreme Court to issue a writ of certiorari.

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Definitions:

Labor-Intensive Goods

Products or services that require a relatively high amount of labor compared to capital in their production or delivery processes.

Factor Endowments

Economic term for the amount and type of resources possessed by a country, such as land, labor, and capital, which contribute to its productive capacity.

World Trade

The exchange of goods, services, and capital between countries and territories across the globe, fostering economic integration and development.

Significant

Important or of consequence, often used to describe the extent to which something matters or impacts a given context.