Test Online Free ACAMS CGSS Exam Questions and Answers
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What are the state level of analysis’s main concerns regarding the sovereign state that comes to bear
on decision-making and international behaviour?
Answer: Explanation:
The state-level of analysis relates to the sovereign state institutions, laws, processes, culture, and other characteristics that come to bear on decision making and international behavior.
Question 2Selectable Answer
Which acts were born of a sense of frustration and necessity in Congress?
Answer: Explanation:
The 1992 CDA and the 1996 LIBERTAD Act (‘Helms-Burton) were born out of a sense of frustration and necessity in Congress. The LIBERATED ACT is a united state federal law which strengthens and continues the United States embargo against Cuba and the CDA act was the first notable attempt by the United States Congress to regulate pornographic material on the Internet
Question 3Selectable Answer
There are some intriguing interactions between externalities, effectiveness, and symbolic objectives.
Select the correct examples for the following statement.
Answer: Explanation:
For example, to be successful, symbolic targets must inflict costs on the sender. As a consequence, abstract goals inevitably require a trade-off between effectiveness and negative externalities. Both States face negative externalities, and incentives can be successful in achieving symbolic targets, or they face positive externalities, and incentives are unlikely to be efficient.
Question 4Selectable Answer
Which of the following is called Organized unilateral sanctions?
Answer: Explanation:
Unilateral sanctions often refer to economic measures taken by one State to compel a change in the policy of another State. Unilateral sanctions are usually imposed by an individual State on the pretext of retaliation, reprisal, or retorsion. In rare cases, sanctions may be implemented by international organizations or by a group of States through intergovernmental cooperation. These two latter types may be called â˜organized unilateral sanctions.â™
Question 5Selectable Answer
With which of the following procedural conditions EU should comply with for resorting to countermeasures?
Answer: Explanation:
For the EU to impose ‘unilateral sanctions’ against a third State and escape international responsibility, it must be successful in getting the act qualified as a countermeasure. It must thus first determine that the third (target) State has perpetrated an internationally wrongful act for which the third State has become responsible. It must also determine that the EU itself is somehow injured by that internationally wrongful act.
Finally, it must comply with a number of further substantive as well as procedural conditions for resorting to countermeasures, such as:
Question 6Selectable Answer
The economic incentives are effectively used to achieve substantive goals .
What other purposes are addressed by these incentives under sanctions?
Answer: Explanation:
Economic incentives and negative sanctions can be used to entice or compel a targeted state to change its policies or behaviour, or to deter it from pursuing undesirable policies or behaviour in the future. The effectiveness of economic statecraft in achieving these and other substantive goals is a function of the target’s net dependence on the goods offered or denied by the sender, and the target’s baseline of expectations.
Question 7Selectable Answer
What is the similarity between the the 1993 rule and 1983 Rule 11?
Answer: Explanation:
The 1993 rule imposes an affirmative duty to investigate just as the 1983 Rule 11 did. Also, both rules purpose was to deter rather than to compensate, the rule provides that, if a monetary sanction is imposed, it should ordinarily be paid into court as a penalty
Question 8Selectable Answer
Punishment options for initial sentences more restrictive than traditional probation but less restrictive than jail or prison are called which of the following?
Answer: Explanation:
Punishment options for initial sentences more restrictive than traditional probation but less restrictive than jail or prison are called front-end programs.
Question 9Selectable Answer
Similar State-level constraints apply both in the target country and in third countries .
Which of the following statements supports the corresponding argument in respect of the target country?
Answer: Explanation:
In the case of the target nation, the offer of assistance may be interpreted not as a guarantee but as a threat. The term â˜poison carrotsâ™ applies to circumstances in which the assistance can be interpreted as a shield for offensive plans, or the adoption of such concessions may be picked up by the opposition as proof of failure or even a loss of sovereignty.
Question 10Selectable Answer
Where the financial sanction is an asset freeze, it is generally prohibited to do which of the following:
Answer: Explanation:
Where the financial sanction is an asset freeze, it is generally prohibited to:
• Deal with the frozen funds or economic resources, belonging to or owned, held or controlled by a designated person
• Make funds or economic resources available, directly or indirectly, to, or for the benefit of, a designated person
• Engage in actions that, directly or indirectly, circumvent the financial sanctions prohibitions
Question 11Selectable Answer
North Korea’s campaign to become a nuclear power first became apparent in March 1993, when it announced that it was withdrawing from a treaty .
Which of the following treaty is this?
Answer: Explanation:
Nuclear Non-Proliferation Treaty (NPT)
North Korea’s campaign to become a nuclear power first became apparent in March 1993, when it announced that it was withdrawing from the Nuclear Non-Proliferation Treaty (NPT).
Question 12Selectable Answer
In the period between the 1983 amendment and the adoption of the current Rule 11 in 1993, which of the following propositions had support in the face of widespread criticism in the legal community:
Answer: Explanation:
There was support for the following propositions:
(1) Rule 11, in conjunction with other rules, has tended to impact plaintiffs more frequently and severely than defendants;
(2) it occasionally has created problems for a party which seeks to assert novel legal contentions or which needs discovery from other persons to determine if the party’s belief about the facts can be supported with evidence;
(3) it has too rarely been enforced through nonmonetary sanctions, and with cost-shifting having become the normative sanction; (4) it provides little incentive, and perhaps a disincentive, for a party to abandon positions after determining they are no longer supportable in fact or law
Question 13Selectable Answer
Limiting the quantity of US imports from China entails relatively modest costs, as it would not be difficult for Washington to replace labor-intensive goods manufactured by the Chinese with alternative sources of such goods, what could be the alternative source?
Answer: Explanation:
Limiting the quantity of US imports from China entails relatively modest costs, as it would not be difficult for Washington to replace the labor-intensive goods produced by the Chinese. Other newly industrialized economies offer alternative sources for these goods and, without too much market disruption, can fill the supply gap.
Question 14Selectable Answer
Under the 1993 Rule 11, as under the prior rule, parties have the continued obligation to mitigate damages resulting from a Rule 11 violation .
Which of the following may relate to this situation?
Answer: Explanation:
The case of Hamil v. Mobex Managed Servs. Co., 208 F.R.D. 247, 250 (N.D. Ind. 2002) relates in the obligation to mitigate.
Question 15Selectable Answer
The US and North Korea have been locked in a state of belligerency since June 1950. Throughout that period, American and North Korean troops have faced each other across the demilitarised zone, sometimes engaging in brief skirmishes.
The US imposed a blanket of near-total economic sanctions, which include:
Answer: Explanation:
As a result of the advanced state of its nuclear weapons program, North Korea was perhaps the most feared of the so-called rogues after the defeat of Iraq in 199 1. The US and North Korea have been locked in a state of belligerency since June 1950. Throughout that period, American and North Korean troops have faced each other across the demilitarised zone, sometimes engaging in brief skirmishes. The US imposed a blanket of near-total economic sanctions, including the Trading With the Enemy Act and the International Security and Development Cooperation Act. On several occasions, the US threatened the North with nuclear retaliation
7 1. Which of the following is needed to pay salary and related expenses to the designated person?
A. His salary account.
B. A lawyer's permission.
C. Frozen account
D. OFSI license
E. Bank permission
Answer: D
Explanation:
Employing a designated person:
A designated person can be employed but may need an OFSI licence to pay their salary or related expenses. This depends on the terms of their employment and when it began. We encourage you to seek independent legal advice or contact OFSI if you are unclear about needing a licence.