Trade equalization in the global market
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Private International Law
We switch gears this week to begin a discussion of private international law, which encompasses primarily international trade law. International trade law is the law that governs transactions between private entities across borders. It includes such subjects as import/ export or customs law, rules of origin, trade protection, and so forth. Your readings this week will give you an introduction to the subject matter, and I have also included two short videos that visually demonstrate the importance of trade law in our understanding of commerce in general, as well as politics and development.
Please discuss the following:
Globalization has brought tremendous change and growth to many countries, but the benefits of increased trade have not been equally shared among trading nations. What is the reason for this and what is being done (if anything) to try and change it?
Before answering, conduct additional research at the APUS library and online.
Your initial post of 500+ words (2 pages). The forum grading rubric is attached, so review it before you begin.
Citation must be in Bluebook format.
P.S: Reference sources relied on by the student is cited appropriately and accurately. No writing of others is left without quotation and/or attribution, as appropriate. Bluebook format is used correctly and consistently.
Please use all sources from the attachments and at least 4 others academic journal for this assignment.
Read David A. Gantz, A Post-Uruguay Round Introduction to International Trade Law in the United States, 12 Ariz. J. Int'l & Comp. Law 7 located in the APUS library
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Solution Summary
The causes of unequal trade expansion in global markets and potential remedies are examined.
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Globalization has brought tremendous change and growth to many countries, but the benefits of increased trade have not been equally shared among trading nations. What is the reason for this and what is being done (if anything) to try and change it?
The reasons include the problems of war and violence, policies that prevent the expansion of trade, infrastructure of developing countries, lack of resources and specialization, and lack of foreign investments. Each of these, could be a cause for any country that suffers from lack of trade expansions, but many states have more than one of these issues to deal with. For some, the ability to gain more favorable conditions come with conditions required by those with whom the country wishes to trade.
War and violence limits the ability to fund commerce. It limits the available labor sources as well. Foreign investors and buyers will be hesitant to invest in products because the ongoing threat of interruption would mean losses to the organizations and countries involved. War and violence also mean instability in laws, regulations, fees, and tariffs. Most countries will not want to deal with those issues in an ongoing manner. Policies that limit or create unnecessary or changing rules do not attract foreign commitments or favor for countries. This hampers the ...
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