INTERNATIONAL ARBITRATION (1) In an international commercial arbitration‚ parties usually involve a third party‚ i.e. someone who is neutral‚ (arbitrator) and the neutral party is entrusted with the responsibility of resolving the dispute. The authority of the arbitrator is derived not from a court system‚ but from the consent of the parties as stipulated in their contract‚ or mutual agreement. It is imperative to note here that the court can enforce the decision or ruling of the arbitrator
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focuses on internal factors that give an organization certain advantages and disadvantages in meeting the needs of its target market. Strengths refer to core competencies that give the firm an advantage in meeting the needs of its target markets. Any analysis of company strengths should be market oriented/customer focused because strengths are only meaningful when they assist the firm in meeting customer needs. Weaknesses refer to any limitations a company faces in developing or implementing a strategy
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The Chosen One Choosing the right university is one of the most important aspects that an incoming college student should consider besides the choice of course to pursue. Many institutions emerged in Cavite because it is one of the most industrialized provinces in the country. Some of well-known universities established here are: De La Salle University in Dasmariñas‚ Cavite State University Main-Campus in Indang (other campuses are located around the whole province)‚ Polytechnic University of
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CHAPTER 1 INTRODUCTION International Trade Japan is the fifth largest importer and exporter in the world. Like many other Asian countries that have experienced rapid economic growth in the past few decades‚ exports have had a historical significance to the Japanese economy. The belief in the need to promote exports is part of Japan’s self-image as a "processing nation". Japan imports raw materials and pays for them by processing the raw materials‚ thus adding value to them before exporting the
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What Are The Basic Problems Arising In International Trade Financing And How Do The Main Financing Instruments Help Solve Those Problems 1. Trade Financing Instruments The main types of trade financing instruments are as follows: a) Documentary Credit This is the most common form of the commercial letter of credit. The issuing bank will make payment‚ either immediately or at a prescribed date‚ upon the presentation of stipulated documents. These documents will include shipping and insurance
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community where people are lonesome together. 7. A clear conscience is usually the sign of a bad memory. 8. A conclusion is simply the place where you got tired of thinking. 9. A day for firm decisions! Or is it? 10. A day without sun shine is like‚ you know‚ night. 11. A drunk mans’ words are a sober mans’ thoughts. 12. A free society is one where it is safe to be unpopular. 13. A gentleman is a patient wolf. 14. A good pun is its own reword. 15. A little bit of powder‚ a little bit
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AFTA (ASEAN Free Trade Area) ASEAN Free Trade Area (AFTA) is a trade bloc agreement by the Association of Southeast Asian Nations supporting local manufacturing in all ASEAN countries. The ASEAN Heads of State and Government decided to establish an ASEAN Free Trade Area or AFTA in 1992. The objective of AFTA is to increase the ASEAN region’s competitive advantage as a production base geared for the world market. A vital step in this direction is the liberalization of trade through the elimination
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International Trade and Finance October 15‚ 2012 International Trade and Finance Since the beginning of the current recession in 2008‚ the economy of the United States (U.S.) has been the spotlight of the media‚ government intervention‚ and the American public. In order to gain better understanding of the current health of the U.S. macroeconomy‚ one must review several areas of the economy including surplus of imports‚ effects of international trade‚ tariffs and quotas‚ and the restriction
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measure an international issue has respect to other countries? Do other countries have right to argue or complain to the world trade organization to intervention with Australia legal measure? Does GATT& SPS measures applicable? Short Answer Yes. Australia legal whale measure ban on whale products trade both internationally and domestically‚ imply trade obstacles of whale goods. As a public international trade law the members under WTO have right to minimize obstacles to trade by implement
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Christians’ gospel] is the way and the life.” (Aluko 5). It is here the problem of the encounter between self and others; the propagandists of the new religion stand as “self” and auto proclaim their faith as the true faith and the others as false ones. Since Christianity is introduced side by side with colonialism‚ for some villagers to adhere to the new faith is to be near the new masters. This promiscuity with colonisers allows some of them to become monthly wage earners. They no longer work on
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