Search results for keyword: treaties
dumping
Dumping
Dumping, in economics, is an act of selling a product at a price significantly lower than the standard market price. It is commonplace in international economics, since it frequently occurs when an influential country or group of manufacturers seek to increase their market share in smalle......
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Jessica
export control
Export Control
Export control regulations are laws and regulations that govern the export of sensitive items from one country to another. Examples of such items materially protected include chemical, biological, weapon and material technology, as well as other items of value, such as military eq......
state trade
The rise of Foreign Trade
Foreign trade can be broadly defined as the exchange of goods and services between two different countries. It is an important component to a country’s economic well-being, as the exchange of goods and services can help create a more efficient economy, providing access ......
Maritime Law
Introduction
Maritime law is a branch of the law that governs crimes and disputes that occur on or near the waters of a country. Specifically, maritime law is the legal framework that regulates the use of the oceans, both domestically and internationally. Maritime law is also known as admiralty l......
Trade in Goods
International Trade of Goods
International trade of goods involves the trading of products across international boundaries. It is one of the driving forces of globalization, expanding economic opportunities and leading to greater economic interdependence among countries. International trade of go......
Incoterms related to international trade practices
International Commercial Terms
International Commercial Terms (Inco Terms) are terms used in international trading contracts, defined by International Chamber of Commerce (ICC) to ensure clarity of any trade agreement between two partner traders throughout different countries. The standardized se......
Lister's theory of infant industry protection
Richard Cobden and the Peelites have been recognized as the key architects of free-trade theory, but it was actually Robert Lowe, the Liberal politician who served as Finance Minister under Benjamin Disraeli, who codified the notion of protectionism. Lowes views, known as the infant industry argum......
trading
International Trade in the 21st Century
International trade in the 21st century is a rapidly changing, global phenomenon. Fueled by advances in science, technology, communications and transportation, the flow of goods, services and people across borders has never been greater. Today, countries th......
smuggling
Smuggling
Smuggling is the illegal transportation of goods or people across international borders or international waters. Smuggling is often done for the purpose of evading or avoiding taxes, or regulations. Goods are usually smuggled in or out of a country in order to avoid paying taxes on them......
Counterfeit and shoddy goods
Counterfeit Goods
Counterfeiting has been around since ancient times, and its presence in the modern world has only increased. It is a very lucrative business, but it is sadly one of the most damaging types of crime. Counterfeit goods are fake replicas of real products, often bearing trademarks t......
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