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Various methods and attempts employed in the harmonization of international trade law - Coursework Example

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Various methods and attempts employed in the harmonization of international trade law

This research will begin with the statement that international trade is the kind of trade that takes place across nations all over the world either bilaterally or multilaterally. In a world getting smaller day by day courtesy of the agents of technology, globalization becomes indispensable. As the world gets digital and globalization gains root, the prominence of international trade as an aspect of international relations demands careful attention. It is realized that as trade continues to gain momentum across nations, so do the impediments hampering free trade emerge. Free trade is meant to be a mutual agenda between the countries. Nations across the world strive as much as possible to benefit from the trade. In the same vein, challenges emerge as no nation can derive ultimate benefits. Different nations across the world operate under different systems. Such differences have become so diverse that much attention has now been drawn towards addressing them. It, therefore, begs the analysis of the factors that limit international trade. It is in that vein that the difference in trade laws comes to light. It is becoming much difficult for nations across the globe to freely trade due to the sharp differences that exist in laws governing trade in different parts of the world. For instance, a North American exporter will find it almost difficult to export certain products to the Asian countries courtesy of the legal rigidities that are artificially created for various reasons. ...Show more

Summary

This research analyzes various methods and attempts employed in the harmonization of international trade law. This paper has such sections: conventions and treaties; economic integration; competition; financial support; the world trade organization; global awareness; forced measures.

Author : ibotsford
Various methods and attempts employed in the harmonization of international trade law essay example
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