Tag: International Trade Economy
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Trade Barrier
Summary of Trade Barrier Constraints upon the exchange of goods among nations imposed by governments; such constraints are manifested in the form of tariffs, quotas, exchange controls, and a variety of so-called nontariff barriers. Barriers usually arise to protect domestic industries, […]
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Trade Barrier
Summary of Trade Barrier Constraints upon the exchange of goods among nations imposed by governments; such constraints are manifested in the form of tariffs, quotas, exchange controls, and a variety of so-called nontariff barriers. Barriers usually arise to protect domestic industries, […]
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Repatriation
Summary of Repatriation The transfer of investment proceeds or the return of capital from a foreign country back to the home country of the investor.(Main Author: William J. Miller) Repatriation and International Trade Economy In relation to international trade economy, […]
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Vertical Integration
Summary of Vertical Integration Also known as vertical expansion, the incorporation into a business or economy of earlier or subsequent stages in the channel of production. For example, a chemical producer may undertake (backward) vertical integration by producing its own petroleum as raw […]
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Vertical Integration
Summary of Vertical Integration Also known as vertical expansion, the incorporation into a business or economy of earlier or subsequent stages in the channel of production. For example, a chemical producer may undertake (backward) vertical integration by producing its own petroleum as raw […]
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Deindustrialization
Deindustrialization and International Trade Economy In relation to international trade economy, Christopher Mark (1993) provided the following definition of Deindustrialization: A term denoting a negative impact of international competition on the overall size of a country's manufacturing […]
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Customary International Law
Hello Customary International Law Customary international law applies in international law in case of absence of a treaty. J. L. Brierly, in "The Law of Nations: an Introduction to the International Law of Peace"states that in order to determine what international customary […]
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Bilateralism
Bilateralism and International Trade Economy Bilateralism in International Economic Law This section provides an overview of bilateralism within the legal context of Historical Perspective in international economic law. Resources Further Reading Meredith Kolsky Lewis, "Bilateralism in […]
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Mercantilism
Mercantilism and International Trade Economy In relation to international trade economy, Christopher Mark (1993) provided the following definition of Mercantilism: A once-prominent economic philosophy that equated national wealth and prowess with the accumulation of gold and other […]
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Mercantilism
Mercantilism and International Trade Economy In relation to international trade economy, Christopher Mark (1993) provided the following definition of Mercantilism: A once-prominent economic philosophy that equated national wealth and prowess with the accumulation of gold and other […]
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Antitrust
Summary of Antitrust Legislation or public policies opposed to the monopolization or domination of a particular product or industry by one firm or a group of firms acting in concert. The object of antitrust laws is to preserve market competition. In the United States violation of the […]
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Antitrust
Summary of Antitrust Legislation or public policies opposed to the monopolization or domination of a particular product or industry by one firm or a group of firms acting in concert. The object of antitrust laws is to preserve market competition. In the United States violation of the […]
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Value Added Tax
Summary of Value Added Tax A tax imposed upon the value added to a product at each stage of the production process. The tax is applicable to all goods, from primary to consumer products. Each processor in the chain of production pays the tax in the purchase price of the goods, applying the […]
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Commodity
Summary of Commodity A nondifferentiated product produced with commonly available technology.(Main Author: William J. Miller) The Legal History of Commodity in Islamic Law This section provides an overview of Commodity in Islamic Law Commodity in International Trade Meaning of […]
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Horizontal Integration
Summary of Horizontal Integration Also known as horizontal expansion, the expansion of a firm through the acquisition of additional production capacity in its primary field. For example, a shipping company may expand horizontally by acquiring other vessels on the same trade route.(Main […]