Tag: International Commercial Law
-
Grant of Permission
As provided in the Countervailing Duty Law (19 U.S.C. 1303), an economic inducement by a foreign government or association to a manufacturer in its country to encourage exports. These inducements include, but are not limited to loans and loan guarantees, at rates lower than those commercially availa…
-
International Law of Trade
International Law of TradeFurther ReadingA concise encyclopedia of the United Nations (including International Law of Trade, H Volger, KA Annan -2010) The Oxford Handbook on the United Nations (TG Weiss – 2007) International Law: A Dictionary (including International Law of Trade, Boczek, […]
-
Regulatory Law
Regulatory Law…
-
Trade Publications
Trade publications in Law LibrariesThe follow definition of Trade publications is of use in law library research: Periodical articles and books written by and for people working in specific trade occupations. Examples of trade publications would include periodicals for construction, mechanics, […]
-
World Trade
World Trade World Trade Law Resources The World Trade Organization (WTO) first entered into force as the General Agreement on Tariffs and Trade (GATT) in January of 1948 as a multilateral instrument for 123 governments. Its main objective was to liberalize international trade and place it on a secure basis. After the 1993 Uruguay round,…
-
Free Dispatch
A provision in a charter party that precludes payment of Despatch Money (read this and related legal terms for further details) for early release of a vessel….
-
Trademark History
Introduction to Trademark HistoryThroughout history, makers of goods have put their names or other marks on things they produce. Items such as medieval swords and ancient Chinese pottery were marked with identifiable symbols so buyers could trace their origin and determine their quality. Be…
-
Moratorium
An official suspension of foreign remittances, including commercial settlements, usually as a result of a chronic negative balance of payments….
-
Fair Trade Laws
Introduction to Fair Trade LawsFair Trade Laws, in commerce, legislation permitting manufacturers to set minimum resale prices for their branded products sold by retailers to consumers. The proliferation of chain stores prompted attempts to introduce such legislation in the 1920s to prevent…
-
Derelict
A vessel that has been abandoned at sea….
-
Committee on Banking Regulations and Supervisory Practices
Known commonly as the Cooke Committee, a working party established under the auspices of the bank for INTERNATIONAL SETTLEMENTS (read this and related legal terms for further details) in 1975 to seek to remedy inadequaci…
-
Freer Trade
History of Commercial Treaties: Freer TradeHopeful omens, however, began to appear. In 1934 the United States passed the Reciprocal Trade Agreement, by which the president was empowered to lower import duties on a country's goods if that country reciprocated. The United States thereby m…
-
Centrally Planned Economy
An economy in which basic economic decisions are made by a central planning commission or a similar state agency. Price mechanism does not determine the allocation of resources; instead the planning agency assesses resource availability and reports this to the level of government that determines pri…
-
Intermediaries
A provision of the Interstate Commerce Act which states that in those cases where a combination of rates among intermediary points along the route would result in a freight charge lower than the through rate, a shipper may use the lower aggregated rate. This rule applies to rail and water carriers, …
-
Danube Commission
A multinational organization responsible for maintaining free navigation of the Danube from Ulm, Germany, to the Black Sea. Formed by the Belgrade Convention of 1948, it replaced an earlier body established in 1856. The commission is composed of one representative from each country bordering the Da…