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The Case Note The Case Note is to be an extended casenote, presented in a form suitable for publication. Students should select a recent case, preferably in the area of international trade law , which is of sufficient importance to warrant analysis - Essay Example

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Industrial policy is being perused by many governments around the world with a sole aim to ensure and to attain both investment and trade benefits which is a crucial factor today in many segments of international economy. U.S has funded its defence purchase programs that augment…
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The Case Note The Case Note is to be an extended casenote, presented in a form suitable for publication. Students should select a recent case, preferably in the area of international trade law , which is of sufficient importance to warrant analysis
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The Case Note The Case Note is to be an extended casenote, presented in a form suitable for publication. Students should select a recent case, preferably in the area of international trade law , which is of sufficient importance to warrant analysis

Download file to see previous pages... In each of the above said cases, the fortification of one sector in one nation may have negative impacts in other nations, thereby resulting in transformation in the style of employment, possibly with a social impact which may be unfavorable to some citizens in the impacted nations.
Both Boeing and Airbus are occupying more than fifty percent of the giant civil aircraft market globally. The main dispute originates from the fact that in the year 2003, Airbus (jointly owned by BAE Systems of UK and by EADS of Germany, France and Spain) which excelled the Boeing as the globe’s largest manufacturer of commercial aircrafts with Boeing of U.S.A witnessing a deterioration in its market share to 48% in 2005 from that of 73% in 1993.
It was contended by U.S.A that each time when Airbus introduces a new aircraft, a number of European nations are extending financial aid as much as thirty-three percent of its developmental costs. It contended further that without these governments financial assistance, Airbus would have never been able to introduce the range of aircraft it presently has on the market which destabilises the competitiveness of Boeing’s new models.
On October 6, 2004, U.S approached the WTO DSM panel for a consultation with the government of Spain, U.K, France and Germany and with EC (European Communities) regarding initiatives impacting trade in giant civil airlines.
U.S.A also contends that some launch aid offered for A380 AND A340 seem to be unlawful export subsidies in violations of some provisions of Article 3 of the SCM Agreement. Further, the subsidy to the Airbus has caused adverse impacts to U.S in a style contrary to the stipulations of Articles five and six of the SCM Agreement. U.S also contended that the EC initiatives were in contravention of Article XXIII: 1. on the request of U.S, a panel was established by the WTO DSB on 13 June 2005 to look into the grant of subsidies by EU to ...Download file to see next pagesRead More
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