international trade factors
Download
Skip this Video
Download Presentation
International Trade Factors

Loading in 2 Seconds...

play fullscreen
1 / 13

International Trade Factors - PowerPoint PPT Presentation


  • 70 Views
  • Uploaded on

International Trade Factors. Treaties/Agreements Each Country Wants To Make Its Goods/Services More Competitive Rule Of Law/Property Rights Apply To Businesses Nation-States. What Is International Law?. Principles Widely Practiced And Acknowledged By Civilized Nations To Be Law.

loader
I am the owner, or an agent authorized to act on behalf of the owner, of the copyrighted work described.
capcha
Download Presentation

PowerPoint Slideshow about ' International Trade Factors' - read


An Image/Link below is provided (as is) to download presentation

Download Policy: Content on the Website is provided to you AS IS for your information and personal use and may not be sold / licensed / shared on other websites without getting consent from its author.While downloading, if for some reason you are not able to download a presentation, the publisher may have deleted the file from their server.


- - - - - - - - - - - - - - - - - - - - - - - - - - E N D - - - - - - - - - - - - - - - - - - - - - - - - - -
Presentation Transcript
international trade factors
International Trade Factors
  • Treaties/Agreements
  • Each Country Wants To Make Its Goods/Services More Competitive
  • Rule Of Law/Property Rights Apply To
    • Businesses
    • Nation-States
slide2

What Is International Law?

  • Principles Widely Practiced And Acknowledged By Civilized Nations To Be Law.
  • Paquette Habana Case (1900) – International Law Is Part Of Our Law. (U.S. Supreme Court)
  • International Organizations
public international law
Public International Law
  • Statute Of The International Court Of Justice (World Court)
  • Non-Binding Decisions
  • Applies To Disputes
    • International Conventions
    • International Custom
    • General Principles Of Law
    • Judicial Decisions/Teachings Of Qualified Publicists
private international law
Private International Law
  • Laws Of Nations
  • Multilateral Agreements
  • Conflicting/Differing Laws Create Instability
  • International Commerce Is Complex
  • Determining Proper Forum (Court) Difficult
slide5

United Nations

  • Post World War II
  • Goal – To Save Succeeding Generations From Scourge of War.
  • Authorizes Collective Measures For Prevention And Removal Of Threats To Peace, And Suppression Of Acts Of Aggression.
world trade organization wto
World Trade Organization (WTO)
  • General Agreement On Tariffs And Trade (GATT) (1948)
  • 1994 Uruguay Round –

Amended GATT & Created

WTO

  • Principles
    • All Members Equal In Trade
    • No Favoring Of Domestic Over Imported Goods/Services
    • Eliminate Trade Barriers

Montevideo, Uruguay Harbor Courtesy of C. Bowles

european union
European Union
  • Treaty Of Rome (1957)
  • Single European Act (1987) - Remove Barriers To European Trade
  • Maastricht Treaty (1992) - Create Federal Government
    • Commission Of Entire Union
    • Coordinate Policies Of Members
  • Nice Summit (2000)- Added (2007) 12 Members To Original 15
conventions on international sale of goods
Conventions On International Sale Of Goods
  • Effective 1988
  • Applies To Contracts For Commercial Sale Of Goods
  • Supercedes U.S. Commercial Code Freedom In Contract Negotiation- Not In Writing
north american free trade agreement 1993
North American Free Trade Agreement (1993)
  • Among US/Mexico/Canada
  • Free Trade
  • Dispute Settlement
  • U.S. Has Trade Deficit With Both
slide10

Central American-Dominican Republic Free Trade Agreement (CAFTA-DR)

  • 2005
  • Similar to NAFTA
  • Among Costa Rica, El Salvador, Guatemala, Honduras, Nicaragua, The Dominican Republic And The United States
  • Eliminate Product Trade Barriers
transacting international business
Transacting International Business
  • Foreign Sales
    • Irrevocable Letter Of Credit - Buyers Issuing Bank
    • Bill Of Lading - Seller’s Confirming Bank
  • License/Franchise
  • Direct Foreign Investment
    • Foreign Subsidiary
    • Joint Venture
international trade risks
International Trade Risks
  • Loss Of Investment
    • Expropriation - Confiscation
    • Nationalization - Power Of Eminent Domain
  • Export Controls
  • Bribes - Foreign Corrupt Practices Act (1977)
  • U.S. Antitrust Conflicts
resolving international disputes
Resolving International Disputes
  • Suing Foreign Governments- Sovereign Immunity

- Foreign Sovereign Immunities Act (1976)

- Commercial Acts

  • Suing Foreign Firms- Hague Service Convention
  • Alien Tort Claims Act
  • International Arbitration
ad