This topic contains a solution. Click here to go to the answer

Author Question: Explain the origin and purpose of the World Trade Organization.[br][br][b][color=green]Question ... (Read 38 times)

NClaborn

  • Hero Member
  • *****
  • Posts: 560
Explain the origin and purpose of the World Trade Organization.

Question 2

Explain the difference between public international law and private international law.



Related Topics

Need homework help now?

Ask unlimited questions for free

Ask a Question
Marked as best answer by a Subject Expert

mceravolo

  • Sr. Member
  • ****
  • Posts: 349
Answer to Question 1

The WTO was established by GATT. It has the authority to resolve trade disputes between signatory countries. The WTO addresses primarily tariff violations or nontariff barriers. This international court may order compliance from any nation violating GATT and may penalize countries by imposing trade sanctions.

Answer to Question 2

Public international law is the law governing relations among governments and international organizations. It includes the law of war, the acquisition of territory, and the settlement of disputes among nations. Public international law also has rules governing the globe's shared resources and common elements: the sea, outer space, trade, and communications. Finally, it addresses people: Public international law sets out the basic rules of human rights and laws defining the treatment of refugees, prisoners of war, and international criminals.


Private international law applies to private parties (such as businesses and individuals) in international commercial and legal transactions. It deals with two fundamental issues: Which law applies to a private agreement? How will people from one country settle their private disputes with parties on foreign soil?




NClaborn

  • Member
  • Posts: 560
Reply 2 on: Jun 24, 2018
Excellent


patma1981

  • Member
  • Posts: 292
Reply 3 on: Yesterday
Gracias!

 

Did you know?

A good example of polar molecules can be understood when trying to make a cake. If water and oil are required, they will not mix together. If you put them into a measuring cup, the oil will rise to the top while the water remains on the bottom.

Did you know?

Common abbreviations that cause medication errors include U (unit), mg (milligram), QD (every day), SC (subcutaneous), TIW (three times per week), D/C (discharge or discontinue), HS (at bedtime or "hours of sleep"), cc (cubic centimeters), and AU (each ear).

Did you know?

There are over 65,000 known species of protozoa. About 10,000 species are parasitic.

Did you know?

Thyroid conditions may make getting pregnant impossible.

Did you know?

Coca-Cola originally used coca leaves and caffeine from the African kola nut. It was advertised as a therapeutic agent and "pickerupper." Eventually, its formulation was changed, and the coca leaves were removed because of the effects of regulation on cocaine-related products.

For a complete list of videos, visit our video library