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 100 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
Thanks for the timely response, appreciate it


cici

  • Member
  • Posts: 325
Reply 3 on: Yesterday
Great answer, keep it coming :)

 

Did you know?

Pregnant women usually experience a heightened sense of smell beginning late in the first trimester. Some experts call this the body's way of protecting a pregnant woman from foods that are unsafe for the fetus.

Did you know?

Over time, chronic hepatitis B virus and hepatitis C virus infections can progress to advanced liver disease, liver failure, and hepatocellular carcinoma. Unlike other forms, more than 80% of hepatitis C infections become chronic and lead to liver disease. When combined with hepatitis B, hepatitis C now accounts for 75% percent of all cases of liver disease around the world. Liver failure caused by hepatitis C is now leading cause of liver transplants in the United States.

Did you know?

Never take aspirin without food because it is likely to irritate your stomach. Never give aspirin to children under age 12. Overdoses of aspirin have the potential to cause deafness.

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.

Did you know?

Cancer has been around as long as humankind, but only in the second half of the twentieth century did the number of cancer cases explode.

For a complete list of videos, visit our video library