International Law *Open covenant *collective security: ’all for one‚ one for all’ / new form of alliance *Difference between Retorsion and Reprisal *Persona non grata : you are not favored here‚ so please leave. -predetermining boundary is important to decide who has the jurisdiction. -self-defense: killing person inside one’s boundary in right reason -custom(unwritten rule) - not codified *Consulate del Mae -territorial sea(water): 3 miles -> 12 miles‚ to protect your area
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Different approach of International Business In truth‚ we have become part of a global village and have a global economy where no organization is insulted from the effects foreign markets and competition. Indeed‚ more and more firm are reshaping themselves for international competition and discovering new ways to exploit markets in every corner of the world. Failure to take a global perspective in one of the biggest mistakes managers can make. Thus we start laying the foundation for our discussion
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Unit 2-1 WTO and Its Impact on International Business Content to be discussed • WTO‚ Impact of WTO on International Business: • Tariff and Non Tariff Barriers (NTBs)‚ GATT‚ GATS‚ TRIPs‚ TRIMs‚ .. How WTO Emerged? • The multilateral trading system—past‚ present and future The World Trade Organization came into being in 1995. • One of the youngest of the international organizations‚ the WTO is the successor to the General Agreement on Tariffs and Trade (GATT) established in the
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INTERNATIONAL BUSINESS Distinguish between Ethnocentric and Polycentric Human Resource Management policies used by Multinational Corporations‚ clearly outlining the advantages and disadvantages of each. ETHNOCENTRIC POLICY The ethnocentric staffing policy refers to the strategy of a multinational company to employ managers for key positions from the parent headquarters instead of employing local staff. In the ethnocentric approach‚ the cultural values and business practices of the home
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International Trade Debate The United States must place high tariffs and use quotas to restrict trade with foreign countries. A tariff is usually a tax that one country sets on the imported goods or services of another nation. A quota is a trade restriction set by a country to maintain and secure the country’s interests by limiting the amount of goods that can be imported into the country for a fixed time period. The tariffs and quotas in the United States were established to control
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Political Economy of International Trade A) This chapter explores the political reality of international trade. Free trade refers to a situation where a government does not attempt to restrict what its citizens can buy from another country or what they can sell to another country. While many nations are nominally committed to free trade‚ they tend to intervene in international trade to protect the interests of politically important groups. B) The major objective of this chapter is to describe
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Disadvantages of International Trade Name of Student Name of Institute Date Contents Introduction 3 When there is no trade between the rest of the world and China 3 When there is a trade between the rest of the world and China 4 Free trade is the best trade policy 6 Free trade hard to achieve 7 Introduction Textile industries are significant segment‚ which distinguished country’s success by which nations establish to accomplish its respective aimed goal. International trade of textile
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Integration Introduction Various theories and perspectives have been proposed by theorists and international relations observers in explaining International Political Economy (IPE). The most salient among these perspectives are Realism‚ Liberalism‚ and Marxism. These paradigms or ways of looking at IPE enables international relations students to study the forces at work in the international realm and analyze how these factors interact to create the state of affairs of the IPE. Through these
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Study@UBD » International Students About UBD Governance Study@UBD GenNEXT Programme Undergraduate Study Graduate Study C ontinuing Education Executive Education Global Discovery Programme International Students How To Apply Faculties & Institutes Research Technology & Support UBD Global C areers@UBD INTERNATIONAL STUDENTS International Students UBD has opened its door to international students since its early beginning. Early on‚ ASEAN students make up most of the international students of
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Advantages of Technology in International Trade Technology plays a major role in international trade. Databases‚ overnight delivery and faxes have opened the world market to not only larger companies but small ones too. To add to this globalization‚ companies and even competitors are combining and forming alliances to cut cost and increase the profit margin. Chrysler‚ General Motors and Ford have formed an alliance in research and development to avoid duplication. These alliances are not only
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