Department of Commerce Legal Associate Interview Questions and Answers for Experienced

Denial of benefit clause in BIT allows a party to deny benefits to investors who have engaged in fraudulent activities or violated the terms of the agreement.

• Denial of benefit clause is a provision in a Bilateral Investment Treaty (BIT) that allows a party to deny certain benefits to investors under certain circumstances.

• It typically allows a host country to deny benefits to investors who have engaged in fraudulent act...read more

Expropriation clause in BIT allows a government to take private property for public use with compensation.

• Expropriation clause is a provision in Bilateral Investment Treaties (BITs) that allows a government to expropriate private property for public use.

• The clause typically requires the government to provide compensation to the affected party at fair market value.

• Expropriation can be direct or indirect, where direct ex...read more

Mode 3 of FTA involves cross-border trade in services, while BIT focuses on investment protection between countries.

• Mode 3 of FTA allows for foreign companies to provide services in another country without establishing a physical presence.

• BITs are agreements between two countries that provide protections for investments made by investors from one country in the other country.

• Mode 3 of FTA promotes services trade and co...read more