We have decided to upload lecture notes word for word for you so that your notes can be with you wherever you find yourself. This is the lecture notes for International trade law by Doctor Fuah Comfort starting from late September 2017 to October 29. This note is for common law masters 1 student doing Business Corporate And Finance Law.
Download link is attached at the end of the post. Here is an excerpt :
In most countries, international trade represents a significant Share of Net National product and Gross Domestic Product. International trade as throughout much of history, its econ the meaning implicate has been presented social and political importance has been on the RISE in recent times. industrialization, advanced transportation, globalization, multinational corporations - and outsourcing are all having a major impact on the international trade continuance of globalization. Without international trade, nations would be limited to the goods and services produced within their own borders. International trade is, in principle, not different from domestic trade as the motivation and the behaviour of parties involved in a trade do not change fundamentally regardless of whether trade is across a border or not. The main difference is that international trade is typically more costly than domestic trade, The reasons is that a border typically imposes additional costs such as tariffs, time costs due to border delays and cost associated with country differences such as language the legal system or culture. Thus international trade is mostly restricted to trade in goods and services, and only to a lesser extent to trade in capital, labour or others.
International trade law is therefore the description of the legal norms of an international commercial transaction and its scope is confined largely to the sphere of private law. International trade covers a vast area of rules to regulate international commercial transactions. Law of International Trade deals with trade relationships outside the purview of sovereign States, involving exclusively private individuals and corporations. The distinction between public and private international law, however, is not always clear. Modern social and economic developments have had their influence on the two branches of law, blurring and blending them. This raises the serious problem of how to create an ordered system of international trade law that will distinguish private from public international law.
Certain legal writers, particularly American have emphasize that international trade law is that set of legal rules i. e. customary, international law, international agreements and domestic law which regulates economic relations involving actors in two or more countries. In this sense, dos regimes that regulate Private Business activities and those that regulate international business finance and foreign investment have been 10th as International Business Law. As a consequence, they have been treated economic and Commercial relations and cover any element in the process of conducting external trade transactions, including those which are derived from both International and others as well as the extra Liga order of law merchant (LECTURER MERCATORIA). Such a treatment of legal rules of international commercial transactions inevitably create and overlapping among legal rules of private and public law nature........
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