LAWIN

Tag: International Commercial Law

  • Money

    Any unit or instrument generally accepted as having value to effect the purchase of goods or services, or to settle debts. All money enjoys three characteristics: (1) it is a unit of account in which values can be measured; (2) it is a medium of exchange; and (3) it is a store of value (i.e.,…

  • Mixed Economy

    Summary of Mixed Economy An economy that possesses the elements of both public and private ownership of the means of production.(Main Author: William J. Miller) Resources See Also Economy Economic System Legal System Capitalism

  • Special Drawing Rights

    Summary of Special Drawing Rights An artificial currency unit created by the international monetary Fund (read this and related legal terms for further details), or IMF, to argument international reserves. The expansion of world trade following World War II necessitated an expansion in […]

  • Quantitative Restriction

    A limitation on the quantity of a given commodity that may be imported into a country during a specified period of time. A quantitative restriction is manifested as a Quota ("http://lawin.org/list-of-international-trade-law-terms/">read this and related legal terms for further […]

  • Israel

    Legal Materials For an introduction to the Israeli legal system see A Guide to Legal Research in Israelby Michal Tamir, Legal Research Guide: Israel and/or the Israeli Law Guide by Ruth Levush. For more information on Israeli legal materials, see Esther Snyder's Israel: A Legal Research […]

  • Israel

    Legal Materials For an introduction to the Israeli legal system see A Guide to Legal Research in Israelby Michal Tamir, Legal Research Guide: Israel and/or the Israeli Law Guide by Ruth Levush. For more information on Israeli legal materials, see Esther Snyder's Israel: A Legal Research […]

  • Monopoly

    Summary of Monopoly The condition in which a given product or service can be obtained only from a single supplier that is free to use its market position to exact excessive prices for the product or service it controls. The Sherman Act of 1890 makes monopolies and attempts to monopolize […]

  • Monopoly

    Summary of Monopoly The condition in which a given product or service can be obtained only from a single supplier that is free to use its market position to exact excessive prices for the product or service it controls. The Sherman Act of 1890 makes monopolies and attempts to monopolize […]

  • Basic Needs

    Summary of Basic Needs A code word for official development ASSISTANCE (read this legal term for further details) programs aimed toward the improvement of health care, education, nutrition, and like fundamental services in poorer nations. The basic needs concept has been criticized by some […]

  • Joint Venture

    Summary of Joint Venture A business enterprise with more than one equity participant; for example, an agreement between a German firm and a U.S. firm to capitalize jointly a new factory in Venezuela. Many countries impose restrictions on joint ventures; these restrictions may take the form […]

  • Underdevelopment

    Summary of Underdevelopment A condition in which a nation's per capita real income is significantly below that enjoyed in the industrialized world, and where national income is inadequate to provide the investment capital essential to expand the economy. In addition, most underdeveloped […]

  • Underdevelopment

    Summary of Underdevelopment A condition in which a nation's per capita real income is significantly below that enjoyed in the industrialized world, and where national income is inadequate to provide the investment capital essential to expand the economy. In addition, most underdeveloped […]

  • Gold Standard

    Summary of Gold Standard A system under which a nation's currency is freely convertible into gold. The quantity of gold per unit of currency is fixed by law. Most major trading nations, however, abandoned the gold standard because of the constraints it imposes upon liquidity, although […]

  • Gold Standard

    Summary of Gold Standard A system under which a nation's currency is freely convertible into gold. The quantity of gold per unit of currency is fixed by law. Most major trading nations, however, abandoned the gold standard because of the constraints it imposes upon liquidity, although […]

  • Customs Union

    Summary of Customs Union An arrangement among participating countries whereby tariffs are eliminated or virtually eliminated on products moving between members, and a common external tariff (read this and related legal terms for further details) is adopted to provide uniform treatment to […]