International arbitration

The origin of the world trade organization goes way back to 1947 as the original intention was to create a third another institution that could handle the trade side of international economic cooperation. 50 countries were in participation to create the International Trade Organization (ITO) which would be an specialized agency of the unaired nations. The main purpose was to create the ITO at a UN conference on trade and employment in Havana, Cuba in 1947. However 15 countries were in talks on…

CHAPTER ONE Introduction International Trade has made the world a global village. The superstructure of international trade is built on the shipping industry. The shipping industry is very critical for trade and it faces a fair share of troubles and issues regarding course deviation by ships, seaworthiness of ships, delays in delivery, shipping of dangerous cargo, marine insurance disputes, cargo-worthiness and care of cargo, jurisdictional issues and many other such issues. No country can…

the secrecy was considered as selling out NZ’s sovereignty to the globalization and profit-seeking corporations. Dr Jane Kelsey, a professor at the Auckland University present at the protest predicted that unless there is an intervention by the International Trade Commission to finalize the agreement till August, the current TPPA negotiations are going to hinder back (Coconut spy tempest to TPPA secrecy, 2015). Dr Kelsey’s prediction proved to be correct as later on by the end of July, a…

consequence flowing from breaches of international law and obligations by states. In this scenario, we are looking at the bilateral investment agreement between Australia and Oceania (pursuant to art 5). The law of state responsibility has been codified in the Articles on the Responsibility of States for Internationally…

Introduction Australian manufacturing has undergone massive transformations since the 1960s when it dominated the Australian economy forming 28% of the gross domestic product (GDP), or the total value of goods and services produced by a country over a period of time, until present where it only forms 8% of Australia’s GDP (as of 2010-11) . This decline can be seen as the result of structural changes mainly economic liberalisation, or the lessening of government intervention in the economy, since…

organization of social relations and transactions, generating transcontinental or interregional flows and network of activity, interaction and the exercise of power.’ (Held et al., 1999) At a simple level, globalisation has meant an increase in international trade, development of multi-national corporations, for example, McDonalds, free trade (movement of goods and services) through organisations such as the World Trade Organisation, free movement of labour, and an inter-connected…

The Death Penalty: Cruel and Unusual Punishment The death penalty is a cruel process of a bygone era and has no place in modern day civilized society. The death penalty has evolved from a punishment for crimes such as petty theft and adultery to the absolute punishment for crimes such as the rape of a child, kidnapping, treason, and murder, to name a few however the death penalty is fraught with errors. According to the Death Penalty Information Center (DPIC) Innocence List (2015), during the…

Brands 6/16/2013 Contents International Trade 2 UK Balance of Payments 2 UK Trends in Trade over the last 30 years 2 The 80’s 3 The 90’s 3 Currently 3 Relationship between the Exchange Rate and Balance of Payments 3 The Advantages and Disadvantages and Effects of Two Exchange Rate Regimes 3 Floating Exchange Rates 3 Fixed Exchange Rate 4 Effects of Exchange Rates on Economic Agents 4 Impact of Multinationals on Less Developed Economies 4 References 5 International Trade A free trade…

Its industrial history has shown time and time again a record of success and sustainable growth. Four hundred out of the five hundred leading economic companies operate in Brazil, exemplifying its political international success. Therefore, with such large investors in the country it opens the door to further opportunities. Also, the country of Brazil has seen an average growth increase of 3.4% in Gross Domestic Product (GDP). And in 2013 the nation was solely…

demands of other nations, companies have had to adapt and overcome the repercussions of this ever-changing event in order to remain competitive and afloat in their industry. One way to ensure sustainability and growth is by establishing practices of international trade and manufacturing to be preformed outside of the United States making the organization a multinational corporation (Block & Hirt, 2014). As an aspiring entrepreneur of a children’s clothing line, one of the top priorities would…