StudentShare
Contact Us
Sign In / Sign Up for FREE
Search
Go to advanced search...

Resolution in international trade - Dissertation Example

Comments (0) Cite this document
Summary
This paper "Resolution in international trade" represents a proposal for a study regarding a resolution in international trade. The aims of this study is to present the overall framework and the role of GATT in the resolution of international trade disputes…
Download full paper File format: .doc, available for editing
GRAB THE BEST PAPER96.1% of users find it useful
Resolution in international trade
Read Text Preview

Extract of sample "Resolution in international trade"

Download file to see previous pages The research methodology used for this study will be aligned with the nature of the study, as a legal research paper. In this context, the research required for the development of this paper will have two different forms: a) literature review, i.e. review of the academic studies (books, journals and so on) published on the issues under discussion and b) case studies analysis, i.e. review of the case law related to the specific subject.
Since its introduction, GATT helped towards the expansion of international trade law framework; however, through the years, the specific system was proved inadequate for the conflicts developed in international trade agreements. It was probably the fact that the international political and economic climate had changed and new needs were developed in regard to the settlement of disputes related to international trade. The above fact is made clear through the study of Davey (2006) where reference is made to the effectiveness of GATT in ‘dispute related to agricultural trade products’ (Davey, 2006, p. 185). Despite the fact that GATT has been highly related to the specific sector, still its rules where not adequately enforced in disputes developed in the particular field (Davey, 2006, p. 185). Another important weakness of GATT was the fact that it did not offer ‘development-specific provisions’ – actually, it is noted that up to 1960s only two such provisions could be identified in GATT - and that its decisions ‘were taken by consensus’. ...Download file to see next pages Read More
Cite this document
  • APA
  • MLA
  • CHICAGO
(“Resolution in international trade Dissertation Example | Topics and Well Written Essays - 1000 words”, n.d.)
Resolution in international trade Dissertation Example | Topics and Well Written Essays - 1000 words. Retrieved from https://studentshare.org/macro-microeconomics/1573005-resolution-in-international-trade
(Resolution in International Trade Dissertation Example | Topics and Well Written Essays - 1000 Words)
Resolution in International Trade Dissertation Example | Topics and Well Written Essays - 1000 Words. https://studentshare.org/macro-microeconomics/1573005-resolution-in-international-trade.
“Resolution in International Trade Dissertation Example | Topics and Well Written Essays - 1000 Words”, n.d. https://studentshare.org/macro-microeconomics/1573005-resolution-in-international-trade.
  • Cited: 0 times
Comments (0)
Click to create a comment or rate a document

CHECK THESE SAMPLES OF Resolution in international trade

International trade

...? International Trade of the item The item selected for the assignment is mechanical machineries in Germany. When the word ‘mechanical’ is viewed from an adjective point of view it refers to the expertise in practice application of an art (SEDL, 2012). The country of Germany commands for a relatively large share of mechanical machineries production among the European Union. The production of this type of goods is mainly concentrated in North-Rhine-Westphalia. The production of large machineries and heavy industries is concentrated in this part of the world. The relatively smaller enterprises are concentrated in Baden-Wurttemberg as well as in Bavaria. The production of mechanical machineries has achieved a pivotal importance in the economy...
3 Pages (750 words) Assignment

Resolution of disputes in the context of international trade: GATT v WTO Dispute Settlement System

...?Resolution of disputes in the context of international trade: GATT v WTO Dispute Settlement System. By There has been a great deal of praise associated with the reforms for international trade dispute resolutions introduced by the Uruguay Round and captured by the World Trade Organization’s (WTO) Dispute Settlement Understanding (DSU).1 The WTO itself has acknowledged that the dispute resolution system established under the General Agreement on Tariff and Trade 1947 were significant for facilitating the resolution of trade disputes. However, the changes introduced via the WTO’s DSU have “strengthened very substantially” the role of dispute resolution in international trade disputes sans a centralized governance system.2 Even so academic...
24 Pages (6000 words) Essay

INTERNATIONAL COMMERCIAL dispute resolution

...?The Arbitrator’s Duty of Impartiality and Independence under English Arbitration Act Introduction The growing integration of international commerce and trade requires legal international bodies’ actions that are seen by all parties involved in dispute as equitable. Partiality to any party will reduce the credibility of these international bodies, and such example can be seen on the establishment of Dispute Settlement Body for the World Trade Organization. The same principle applies to conflicts of private entities such as corporations in settling disputes. The International Council for Commercial Arbitration (ICCA) has been set up to meet the expectations of all global parties that enter into negotiations with other entities outside...
12 Pages (3000 words) Essay

INTERNATIONAL ALTERNATIVE DISPUTE RESOLUTION

... clause to be invalid if the contract is, then they can state this as well. If the parties intend for the arbitration clause to be interpreted substantively by national courts and procedurely by arbitration panels, then it can state this too. In short, the parties can make their explicit wishes known, and this is what governs. On the other hand, if they do not make any explicit wishes known, then the default position would be to give the arbitration clauses full effect in virtually every case, void contract or no. This is really the best evolution of the issue, because the parties’ agreement should always be the basis for the resolution of any kind of contract dispute, and the assumption that a savvy businessman would know how to limit...
15 Pages (3750 words) Coursework

International commercial dispute resolution

.... There are many companies who are not familiar with the local laws and that is the reason why they want to avoid the inconsistent outcomes. That’s why the companies like to go for private conflict resolution. When it comes to trading, international relations definitely play a big role. Disputes over commercial international matters 3have been very common in world history. Arbitration has often been used to settle these kinds of disputes. Disputes related to insurance, goods, and trading have been settled by arbitration methods in numerous cases. However, in the 1970s, the legal system of England was not very supportive of arbitration4. The options for arbitration were such that the entire resolution process was extremely time consuming...
16 Pages (4000 words) Coursework

International trade

... Africa and the Ottoman Empire became the part of ‘one global economy’ somewhere between 1750 and 1850. This was the time period when trade among these countries carried out in bulk. However, whatever the time period of globalization in actual; there are abundant of evidences that support that 19th century held a very huge globalization bang where international trade expanded all over the world. From above mentioned detail, it can be easily observed that the basic aim behind all the process of globalization was just to develop business operations worldwide. This was also to facilitate the global communication which is a result of advancements in technology and technical knowledge. The objective behind the whole process is just to provide...
10 Pages (2500 words) Essay

International trade

...?International Trade Table of Contents Introduction 3 2. Discussing the Importance of Investigating Trade Relations between Canada and UK 3 3. Characterising of the Trade between Canada and UK 3 4. Major Driving Forces of Trade between Canada and UK 4 4.1 Global Drivers 4 4.1.1 Economic Outlook 4 4.1.2 Demographic Factors 4 4.1.3 Country Specific Regulations 5 4.2 Domestic Drivers 5 5. Conclusions or Policy Suggestions 5 References 7 Appendix 8 Appendix 1 8 Appendix 2 9 1. Introduction Recently, increasing significance of international trade has been in turn augmenting competition in the global context along with contributing to the increasing socio-political interdependency of various nations through overlapping trade frameworks...
6 Pages (1500 words) Term Paper

International Trade - World Trade

...International Trade As reported by the World Trade Organisation in 2005, world trade in merchandise grew at an average of 7 percent per year between 1955 and 2004. Identify and critically discuss four factors that may have contributed to this over this period. 30% (600 WORDS) Much have been written about the factors contributing to the marked growth of trade between the years 1955 and 2004. Several factors have been mentioned and speculated to have contributed to such growth. However, I personally believe that the four factors that may have contributed to the growth in merchandise in world trade between 1955 and 2004 are the following, but not necessarily in order: 1) the advent of and significantly rapid advances in information...
8 Pages (2000 words) Essay

International Dispute Resolution

... of international agencies, unification of laws of different countries is yet to be achieved. It is for these and other allied reasons, alternative dispute resolution methods are resorted to for commercial disputes between parties belonging to different countries.1 Different methods or forms of alternative dispute resolution under international commercial contracts are (1) Arbitration, (2) Fast Track Arbitration, (3) Conciliation, (4) Mini-trial, (5) Med/Arb and (6) Baseball arbitration. These are not exhaustive. Thus Altair Plc, a British entity can adopt any one of these or some of these as forms resolution of potential disputes with the other party Lucky 8 Inc located in the African state of Nyanza. 1) Arbitration Arbitration whether...
21 Pages (5250 words) Essay

Potential Benefits of International Trade

... Content Outline I. Introduction (a) Definition (b) Background II. The Reason Why Countries Take Part in International Trade (a) Major Commodities in Today’s International Trade and Economic Gains Arising From it (b) Reasons Compelling Countries to Place Restrictions in International Trade III. Conclusion I. Introduction (a) Definition The expression international trade refers to an exchange of commodities across boundaries of nations. Two major terms are used to describe international trade (that’s imports and exports). Imports are services and goods bought from other countries while exports are the services and goods sold to nations or individuals of foreign countries. (b) Background It’s estimated that the international business...
6 Pages (1500 words) Coursework

Major Factors of World Trade Globalisation

The process of migration and technology transfer use the term globalisation to refer to national economies’ integration into a global economy. When economists use this term, then by this word he wants to imply a removal of national barriers for facilitating the flows of goods and services, labour and capital from one country to another. (Bhagwati, 2004; Steger, 2003)
The process of globalisation is actually made up of two phases. In the first phase, most of the countries are integrated economically. The principal action that is conducted during this first phase is to make negotiations of world trade by reducing protectionism. In this phase, all products get access to a wide global market. The second phase of the globali...
7 Pages (1750 words) Coursework

International Conflict Resolution

...INTERNATIONAL CONFLICT RESOLUTION Dreams of peace and prosperity ushered in the end of the Cold War; a new world order with liberal democracy firmly entrenched as the dominant ideological system in international affairs. Optimistic dreams of a new world order in which free reigned supreme and peace became the global modus operandi were shattered in the early 1990s with the explosion of ethnic conflict and humanitarian tragedies on a grand scale. Ethnic conflict threatened the territorial integrity of countries throughout the world including Somalia, Rwanda, Sierra Leone, the Democratic Republic of Congo, and Liberia in Africa; Bosnia and Kosovo in Eastern Europe; state-sponsored ethnic cleansing in East Timor in Asia and extreme violence...
7 Pages (1750 words) Research Paper

International Security Studies: Examination

Globalization affects international security in the sense that problems involving terrorism, the environment, religious extremism, weapons of mass destruction, and the economic crises have become more universal and widespread in character (Ivanov “Article”). As a result, these issues pose a greater threat to national and international stability and safety. More lives are now affected by threats to international security; these threats did not seem too ominous before the entry of globalization. Consequently, some extremists justify the use of mass weapons of destruction in order to guarantee their security. And as globalization continues to expand and to grow bigger as a phenomenon, threats to international security are...
7 Pages (1750 words) Assignment

International Law: Child Soldiers

Using children to fight wars is not only morally abhorrent but very bad very the physical and mental health of the children in question. That is in part why a series of international laws and treaties have come into effect to try to deal with this scourge. But the issue is more complicated than that. While child soldiers are victims of war crimes, they too can also perpetrate serious breaches of the law of armed conflict. Under normal circumstances, individuals who commit such acts, be they combatants or not,2 would be vulnerable to prosecution. However, because children in such situations are victims as well as perpetrators and because of the special protections afforded to children under international law, many have questioned w...
8 Pages (2000 words) Case Study

Conflict Resolution in Organisations

The bakery organization failed to resolve the matter but eventually secured the services of a third party that helped separate one of the parties from the factory. As it has been pointed, the intimate relationship at the workplace was doing the company no harm until the unification came under strain (The Breakup at the Bakery, N. d). Intimate relationships aside, professional associations between workers can similarly develop into conflicts. That highlights the actuality that the workplace is stalled with an array of conflicting challenges. For a group to succeed, it must satisfactorily control conflicts within it. As the bakery case points, the management must have failed in moving swiftly to contain the situation and this was af...
7 Pages (1750 words) Assignment

Benefit of Partnership to Company, Trade Union and Government

The John Lewis model of partnership states that the ultimate purpose of business is the happiness of all its members. Hence, when partners “share the responsibilities of ownership as well as its rewards of profit, knowledge, and power”, it is mutually beneficial to all members of the organization (ILO, 1996). The partnership can be a part of the commitment to pluralism and also a part of the non-union agenda (Bacon & Storey, 2000). The national agreement Partnership 2000 defines workplace partnership as “an active relationship based on recognition of common interest to secure the competitiveness, viability, and prosperity of the enterprise” (Doherty, 2008). The interest in the partnership has arisen due...
6 Pages (1500 words) Case Study

International Business: World Economic Forum and Davos 2010

... sense power consumption and power quality. A modest sheet of paper, 50,000 thinner than human hair, when stacked, nets a material 500 times stronger than steel and is changing the way airplanes, automobiles and electronics are made (Alpern, 2009). International Technological collaborations are taking place in the form of strategic alliances, joint ventures and intimate supplier-producer relationships. Such collaborations include activities such as joint development agreements, technology sharing and R&D contracts amongst others (Rycroft, 2002). ICT has pervaded every aspect of business and today the value chain depends on the use of technology to link the customers and suppliers. In the current dynamic and global markets, technology...
7 Pages (1750 words) Coursework

Project Management of Beijing Capital International Airport T3 Terminal

Some stakeholders can be both driving (positive) and restraining (negative) forces, it depends on how the project will meet their interests. These forces are marked by a dotted line. If changes happen, and the project won’t meet the interests of some of these stakeholders, a vector of the corresponding force will be changed onto the opposite and the force will move onto the opposite part of the diagram.

Each half of the diagram (left and right) is divided into three parts – Low, Medium and High. It defines the size of a force vector and indicates the importance (power) of a given force. Short forces have a low level of power.

Civil Aviation Administration of China (CAAC) – undoubtedly advanc...
7 Pages (1750 words) Assignment

Globalisation, Development, and Trade

For few decades, there have been huge advancements in almost every field and part of the globe, and in midst of these developments, one buzzword has now become the component of almost every discussion and debate, ‘Globalisation.’ 

Although it is not a new term, and it has gone through different phases, however, experts (McGrew, pp. 23-29, 2007) have indicated that finish of the cold war resulted in significant importance of the globalization that now stands as a symbol of the process of liberation that different economies went through during a long period. In this regard, the term globalization cannot remain in isolation, and thus, it brings with it the whole progression of development and subsequently,...
6 Pages (1500 words) Article

Challenges Faced by International Media Corporations Operating in China

Considering Geert Hofstede’s cultural dimensions, China exhibits a low ranking in individualism meaning that they observe a collectivist culture dictated by the communist rule (Hofsted, 1996). In this type of society, loyalty is considered to be of great importance, a factor that has made it difficult for foreign companies to invest freely in the country. This essay is a critical evaluation of challenges that international media corporations operating in the country face.

The attempts by foreign investments to penetrate China’s market have proven futile in the past especially due to the conservative nature of the inhabitants. China is a strict country when it comes to culture and cultural interaction. For ex...
7 Pages (1750 words) Coursework
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 Dissertation on topic Resolution in international trade for FREE!

Contact Us