Purchase Solution

General Agreement: Tariffs & Trade & World Trade Organization

Not what you're looking for?

Ask Custom Question

Background:

The General Agreement on Tariffs and Trade or GATT was created in 1947 and provides the basis for most multilateral trade negotiations for reducing trade barriers. Since 1947, GATT has provided the rules for international trade and a forum for international trade disputes. In 1994, a new trade agreement was reached, known as the General Agreement on Tariffs and Trade. This created a new GATT trade agreement, which enhanced the role of international law in regulating trade and created the World Trade Organization (WTO).

For each type of international carrier explain the liability each international carriers face and possible ways to
negate or eliminate the liability they face:

- Air carriers
- Sea carriers
- Land carriers
- Ocean intermediaries

I need to understand the concept so it be great if for each carrier is describe in somewhat detail (200-300word per carrier) and if you can list reference it help me understand where you are coming from.

Purchase this Solution
Solution Summary

This solution discuses the General Agreement on Tariffs and Trade or GATT, and the World Trade Organization.

Solution Preview

Dear Student,

Thank you for using BM.
Below are my answers.

Sincerely,
Anna Liza Gaspar

ANSWERS

NOTE: Our agreement was for 250 words. Specific discussions for each carrier is impossible. The best approach is to present general liabilities for all of the above entities.

The general rules of the new General Agreement on Tariffs and Trade are applicable to all carriers, whether by sea, air or land, and even to ocean intermediaries. To summarize, carriers are liable whenever goods are delivered in a condition not consistent with what was ...

Purchase this Solution
Free BrainMass Quizzes
Transformational Leadership

This quiz covers the topic of transformational leadership. Specifically, this quiz covers the theories proposed by James MacGregor Burns and Bernard Bass. Students familiar with transformational leadership should easily be able to answer the questions detailed below.

Learning Lean

This quiz will help you understand the basic concepts of Lean.

MS Word 2010-Tricky Features

These questions are based on features of the previous word versions that were easy to figure out, but now seem more hidden to me.

Accounting: Statement of Cash flows

This quiz tests your knowledge of the components of the statements of cash flows and the methods used to determine cash flows.

Team Development Strategies

This quiz will assess your knowledge of team-building processes, learning styles, and leadership methods. Team development is essential to creating and maintaining high performing teams.

View More Free Quizzes
Related BrainMass Solutions

  • General Agreements on Tariff and Trade (GATT) and the World Trade Organization (WTO): Basic Principles and Dispute Resolution

    In settling dispute General Agreement on Tariffs and Trade settle disputes (GATT) and the World Trade Organization (WTO) have a panel that make the first ruling, these rulings are then endorsed or rejected the full members of the World Trade Organization

  • GATT vs WTO

    91395 GATT vs WTO What are the major difference between the World Trade Organization and the General Agreement on Tariffs and Trade? Details ....

  • GATT

    The General Agreement on Tariffs and Trade (typically abbreviated GATT) was originally created by the Bretton Woods Conference as part of a larger plan for economic recovery after World War II.

  • GATT and WTO

    Since 1947, GATT has provided the rules for international trade and a forum for international trade disputes. In 1994, a new trade agreement was reached, known as the General Agreement on Tariffs and Trade.

  • Pharma Heal Corporation

    Should Japan be required to bring its Liquor Tax law into conformity with its obligations under the General Agreement on Tariffs and Trade 1994 HOLDING: The Appellate Body of the World Trade Organization affirmed the decision of the WTO panel.

  • The World Trade Organization And Agricultural Subsidies

    It is formed by its member countries and has developed from the General Agreement on Trade and Tariffs. It regulates global trade in goods and services.

  • barriers to international trade

    209103 Barriers to international trade Discuss trade (economic reason why trade occurs), the role of the World Trade Organization and regional trade agreements, and the barriers to international trade. There are several reasons why trade occurs.

  • World Trade Organization (WTO): Make a recommendation

    PRO of the World Trade Organization (WTO) The concept was developed after WWII when the General Agreement on Tariffs & Trade (GATT) was established to help eliminate trade barriers.

  • Settling Global Disputes

    The 1986-1994 Uruguay Round negotiations and the 1948 negotiations under the General Agreement on Tariffs and Trade (GATT) form the bulk of the organization's current work.

View More Related Solutions