External link to Benefits from Unrestricted International Trade

Benefits from Unrestricted International Trade

For some local workers, international trade means the end of their jobs. For them, free trade will only bring unemployment. This can be the conclusion that we can get if we look at the statistics of the survey conducted in America on 1995. When the respondents were asked if the international trading agreement causes loss of jobs, 63% of the respondents agreed while only 32% […]

External link to International Trade Organization

International Trade Organization

The World Trade Organization (WTO) is an international body whose purpose is to promote free trade by persuading countries to abolish import tariffs and other barriers (“Profile: World”, 2005). The organization is also based on a multilateral system where trade is conducted without discrimination throughout the world trade system, and countries enjoined in the system cannot normally discriminate between products and services of their own […]

External link to International Trade Law

International Trade Law

Law chosen to govern a transactions is clearly state the legal consequences of their contractual activities for example the right, obligation, and remedies for involve parties, and they can choose the law of particular country or international law to govern their contract. International trade law (CISG) includes the appropriate rules and customs for handling trade between states and it forms part of domestic law if […]

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