Search results for: “market failure”
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Maritime Law
Introduction to Maritime Law Maritime Law, branch of law relating to commerce and navigation on the high seas and on other navigable waters. Specifically, the term refers to the body of customs, legislation, international treaties, and court decisions pertaining to ownership and operation […]
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Antarctica
Official claims to sectors of the ice-covered continent of Antarctica were made by seven States – Argentina, Australia, Chile, France, New Zealand, Norway and the United Kingdom. A sector was also claimed by Admiral Byrd on behalf of the United States, but the United States never officially […]
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Antarctica
Official claims to sectors of the ice-covered continent of Antarctica were made by seven States – Argentina, Australia, Chile, France, New Zealand, Norway and the United Kingdom. A sector was also claimed by Admiral Byrd on behalf of the United States, but the United States never officially […]
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Contract
Introduction to Contract Contract, in law, an agreement that creates an obligation binding upon the parties thereto. The essentials of a contract are as follows: (1) mutual assent; (2) a legal consideration, which in most instances need not be pecuniary; (3) parties who have legal capacity […]
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Contract
Introduction to Contract Contract, in law, an agreement that creates an obligation binding upon the parties thereto. The essentials of a contract are as follows: (1) mutual assent; (2) a legal consideration, which in most instances need not be pecuniary; (3) parties who have legal capacity […]
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Lome Convention
Introduction to Lome Convention Lomé Convention, trade and aid agreement between the European Union (EU) and 70 African, Caribbean, and Pacific (ACP) countries, first signed in February 1975 in Lomé, Togo. The Lomé Convention provided a framework of cooperation between […]
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Foreign Investment
THE ROLE IN THE PROTECTION AND PROMOTION OF FOREIGN INVESTMENT OF: The World Bank Convention on the Settlement of Investment Disputes (ICSID); The Convention establishing the Multilateral Investment Guarantee Agency; and Bilateral Investment Protection Agreements (IPPAs). (London, 1994) The […]
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Foreign Investment
THE ROLE IN THE PROTECTION AND PROMOTION OF FOREIGN INVESTMENT OF: The World Bank Convention on the Settlement of Investment Disputes (ICSID); The Convention establishing the Multilateral Investment Guarantee Agency; and Bilateral Investment Protection Agreements (IPPAs). (London, 1994) The […]
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Insecticide
By Glen Martin, a contributing environmental writer. Colony collapse disorder (CCD), as the phenomenon is known, has plagued honeybee populations across the developed world. The syndrome is defined by the USDA as a dead colony with neither adults nor dead bee bodies, but with a live queen […]
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Uruguay Round
Uruguay Round and the GATT Policy Negotiations In relation to the GATT Policy Negotiations, Christopher Mark (1993) provided the following explanation and/or definition of Uruguay Round: The eighth GAIT Round, launched in 1986 with 105 countries participating, and extended in December 1990 […]
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Political Reform
Political Reform in Election Law Set of measures applied to review laws governing the political environment and political action and, by extension, reform the political institutions which are based upon these laws. Resources See Also Election Law Electoral Laws Electoral Legislation
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Financial Risk
The risk borne by an exporter that his foreign customer may be unable or unwilling to pay for the merchandise purchased; the financial risk relates purely to commercial considerations and not to such "political" risks as expropriation or inconvertibility of currency….