Nobody downloaded yet

International Trade and Finance Law - Assignment Example

Comments (0) Cite this document
Summary
International Trade and Finance Law Table of Contents 1 Introduction 3 Brief Description of Legal Risks in International Trade and Finance 4 Identification of Legal Risks in South East Asia 6 Brief Assessment of Legal Risks in South East Asia 8 Conclusion 9 References 11 Bibliography 13 Introduction Being highly influenced by the rapid growth of globalisation, organisations in the present day context often seek to expand their business operations beyond the national boundaries…
Download full paperFile format: .doc, available for editing
GRAB THE BEST PAPER97.2% of users find it useful
International Trade and Finance Law
Read TextPreview

Extract of sample
"International Trade and Finance Law"

Download file to see previous pages However, besides the vivid opportunities, the global exposure practices have also been observed to impose certain threats and constraints upon the organisations. For instance, organisations intending to expand in the global context may face various types of legal risks owing to the differences pertaining to the regulatory framework of the home country and the host nation. It is in this context that international trade laws, in terms of industry specific concessions and Foreign Direct Investments, often tend to constrict the expansion programs of organisations (Johnsrud, 2011). Based on these aspects, the discussion intends to briefly discuss the international trade laws and the related risk factors that are quite likely to be faced by Cowan Davies (CD) PLC when expanding its business operations in South East Asia. Moreover, the discussion also focuses on identifying major risks of trade and finance that are probable to be faced by CD in its planned expansion to South East Asia. Brief Description of Legal Risks in International Trade and Finance Legal risks are often perceived to be a few of the fundamental issues faced by organisations when conducting processes related to international trade and finance. It is in this context that over the past decades, laws related to trade affairs and business operations have developed apparently, which has also imposed a significant influence on the organisational operations. For instance, in early decades of the 18th century, businesses were largely focused on national contexts rather than on foreign environments apart from the export and import functions. With the gradual increase in the globalisation effects, organisations became more concentrated on expanding their businesses in foreign countries in order to attain the virtues of added resource availability and increased market demand. However, owing to the distinctive cultural backgrounds and business procedures, various regions developed dissimilar trade policies which later cropped up as a fundamental reason for international trade related conflicts (Schmitthoff & Cheng, 1937). For instance, the legal framework followed by the South East Asian economies to facilitate international trade has been observed as quite different from that practiced by the western countries. Where the organisations operating in America, England and other allied western countries need to abide by the norms specified by North American Free Trade Agreement (NAFTA), the companies operating in the South East Asian region needs to follow the rules and regulations specified by the Association of Southeast Asia Nations (ASEAN). Supposedly, the policies followed by the two international trade related treaties are distinct in terms of their characteristics which might give rise to conflicts and legal issues in case of global exposure (Johnsrud, 2011). With this concern, there are various trade and finance risks identifiable, which could affect the export activities of CD for its expansion in the South East Asian region. It is worth mentioning in this context t ...Download file to see next pagesRead More
Cite this document
  • APA
  • MLA
  • CHICAGO
(“International Trade and Finance Law Assignment Example | Topics and Well Written Essays - 2000 words”, n.d.)
Retrieved from https://studentshare.org/law/1458981-international-trade-and-finance-law
(International Trade and Finance Law Assignment Example | Topics and Well Written Essays - 2000 Words)
https://studentshare.org/law/1458981-international-trade-and-finance-law.
“International Trade and Finance Law Assignment Example | Topics and Well Written Essays - 2000 Words”, n.d. https://studentshare.org/law/1458981-international-trade-and-finance-law.
  • Cited: 1 times
Comments (0)
Click to create a comment or rate a document
CHECK THESE SAMPLES - THEY ALSO FIT YOUR TOPIC
INTERNATIONAL TRADE FINANCE LAW
...in the international oil and gas business with a particular emphasis to whether the present law is adequate to support business in this province with decided cases on the subject, in order to discuss the issue adequately before coming to a conclusion. Legal Principles involved in Countertrade The legal principles in the financing of countertrade transactions 1. Discrimination principle As per IMF estimates , the countertrade is presently employed by half of its members and is viewed as a guise of exchange restriction and trade which is especially condemned in cases of debt rescheduling by a member nation as in the case of Romania in 1982-1983. In the countertrade , the...
12 Pages(3000 words)Essay
International Trade and Finance
...?Introduction International trade is one of the importance factors that would help least developed countries (LDCs) to improve their economic performances and share in the international market. LDCs are said to be the poorest and underdeveloped nations with very small population and have the weakest economic performance in the international community. The economies of these countries are highly vulnerable and they also have a very low income with a per capita Gross Domestic Product (GDP) under $900, and low levels of human development index ratings. The current list of LDCs includes 49 countries particularly situated in Africa, Asia, and Latin America and the Caribbean...
5 Pages(1250 words)Essay
International Trade & Finance
...? INTERNATIONAL TRADE AND FINANCE …………………………….. College ………………………. ………. International trade Imports and exports have significantly become the most influential forces of today’s business world. Since international trade has tremendously impacted people, management and economies worldwide, today’s savvy business people are able to explore in to wider marketing opportunities beyond national boundaries. This speech presents international trade in relation to balance of payments, impacts of surplus imports, relation to GDP and exchange rate etc. Imports and Exports balancing Maintaining...
3 Pages(750 words)Speech or Presentation
International trade and finance law
...Risk, SIFIs and Financial Stability’ (2011) Capital Markets Law Journal 43 Malz A, ‘Risk Neutral Systemic Risk Indicators’, (2013) FRB 51 Poole W, ‘Reputation and the Non-Prime Mortgage Market’ (2009) 5 St. Louis Association of Real Estate Professionals 20 Ricks M, ‘Shadow Banking and Financial Regulation’ (2010) Columbia Law and Economics Working Paper No. 370 Accessed 5 November 2013. Schinasi G, Craig S, Drees B and Kramer C, ‘Modern Banking and OTC Derivatives Markets: The Transformation of Global Finance and Its Implications for Systemic Risk’ (2001) 203 IMF Sengupta R and Emmons W, ‘What is...
8 Pages(2000 words)Essay
International Trade and finance Law
...of Central Banking, 5(1), pp.141-165 Herdegen Matthias, (2013), Principles of International Economic Law, Oxford University Press, pp.49-52 Hudson Alastair, (2009), The Law of finance, Sweet & Maxwell: London, p.12 Jackson, James K., (2010), “The financial crisis: impact on and response by the European Union”, Current Politics & Economics of Europe, 21(1), pp.27-73 Kovac, Oskar, (2013), “Reform of the content and framework for economic governance of the European Union”, Megatrend Review, 10(1), Pp.167-183 Lowenfeld F. Andreas, (2008), International Economic Law, Oxford University Press, p.844 Musialkowska Ida, Sapala Magdalena, and...
8 Pages(2000 words)Essay
International Trade and Finance Law
.... Several players are behind the crisis that took the world by storm. One of the major bodies that are keenly looked at is the International Centre for Financial Regulation (ICFR). Based in London, ICFR was formed by U.K government in collaboration with international financial institutions with an aim of monitoring financial activities and coming up with international policies that would guide matters related to finance across the globe1. ICFR has been mandated to form laws that will enhance proper trade and should guide the global economy. Critics have been concerned about how such bodies carry out their activities; this is as a result...
7 Pages(1750 words)Essay
INTERNATIONAL CONTRACTS ( INTERNATIONAL TRADE LAW)
..., bankers are reluctant to adopt it as they maintain that volume of transactions at individual level does not warrant such a system.20 This is in contrast to the staggering figure of international volumes. It appears that the volume is fragmented all over the world which probably makes the cost of electronic matching unviable compared to the existing manual process. Therefore the trade should decide which is the better alternative, whether speedy transmission and error free or the existing errors-galore manual process. Conclusion In spite of error-laden letter of credit system of trade financing, it is still preferred for the banks’ role played between the applicant...
10 Pages(2500 words)Essay
International Trade Finance
.... A letter of credit may also be arranged by the customer in the bank which should then be documented. This documentation and means of payment in international trade reduces chances of non-payment. References list Buckley, A 2012, International finance: A practical perspective. Harlow, England: Pearson. Carr, I, & Stone, P, 2013, International Trade Law. Hoboken: Taylor and Francis. Cavusgil, ST., Knight, GA., & Riesenberger, JR, 2012, International business: The new realities. Upper Saddle River, N.J: Prentice Hall/Pearson. David, PA 2013, International logistics: The management of...
10 Pages(2500 words)Essay
International Trade and Finance Law
...International Trade and Finance Law Number Department Introduction After over a decade of trade negotiations, the high-level conference in Bali organized by the World Trade Organisation (WTO) eventually reached an international trade Agreement. The WTO’s 160 member states adopted the Bali Agreement based on three pillars: Trade Facilitation, Least Developed Countries development and Agricultural issues. The Agreement means a lot to developing economies on issues ranging from food security, to market prices for agricultural produce, to economic growth boosted by liberal...
8 Pages(2000 words)Essay
International Trade and International Finance
...International Trade and International Finance Contents Answer Critical evaluation of Keynes’s critique 3 Answer 2) Criteria for optimum currency area and possibility of Asian Union 6 2.1) Introduction to optimum currency area theory 6 2.2) Different views on optimum currency area theory 7 2.3) Criteria for optimum currency area 9 2.4) Summary of benefits and costs of a currency union 10 2.5) Discussions of an Asian Union 11 2.6) Possibilities of smaller union such as East Asia, Central Asia and ASEAN 11 References 12 Answer 1) Critical evaluation of Keynes’s critique Great English Economist, John Maynard Keynes published a book named ‘The general theory of...
14 Pages(3500 words)Essay
sponsored ads
We use cookies to create the best experience for you. Keep on browsing if you are OK with that, or find out how to manage cookies.
Let us find you another Assignment on topic International Trade and Finance Law for FREE!
Contact Us