Law and Policy in International Business

Articles from Vol. 27, No. 4, Summer

Choice at the Crossroads: Regionalism and Rules of Origin
I. INTRODUCTION: THE CHOICE Few would dispute that regional efforts toward economic integration bring benefits to both the regions and the global economy. These agreements often reduce barriers difficult to reach in a multilateral negotiation...
Comments on "Sovereignty and Regionalism." (Response to Article by Horacio A. Grigera Naon in This Issue, P. 1073)(symposium: Free Trade Areas: The Challenge and Promise of Fair vs. Free Trade)
The term "regionalism" is used throughout the paper by Horacio Grigera Naon as referring to bilateral or minilateral efforts toward economic cooperation among states seeking to accomplish their collective reinsertion into the world market. Faced with...
Comments on the Proliferation of Regional Integration Arrangements
There are many regional trade arrangements in existence today, from the North American Free Trade Agreement (NAFTA) to the Latin American Integration Association (LAIA) to the European Union (EU). Each plays a very different role. The first question...
Customs Procedures as the Residual Barriers to Trade
I. INTRODUCTION Advocates of the North American Free Trade Agreement (NAFTA) speak of unimpeded trade flowing north and south. Agreements like NAFTA may eliminate tariffs and quotas, but as a falling tide exposes a rocky reef, these barriers...
Financing Integration: The European Investment Bank in Transition
I. INTRODUCTION Since the inception of the European Economic Community (EEC) in 1958, the European Investment Bank (EIB) has been quietly playing its role as commonwealth bank for regional integration. Press coverage has been increasing over...
Harmonization of Competition Policies in a Regional Economic Integration
With the ongoing reduction of tariff end customs barriers worldwide, increasing attention is being paid to the effects of anticompetitive markets and uneven application of competition laws on international trade. Private litigation has begun to explore...
International Economic Integration and Trade in Financial Services: Analysis from a Latin American Perspective
I. INTRODUCTION Throughout recent history, we can identify periods during which isolationist and protectionist forces seem to dominate the international arena, and other periods during which trends toward greater openness have prevailed and...
Perspectives on Regionalism in Trade Relations
Almost any reflection on the rapid increase in international economic interdependence leads to recommendations for increasing international cooperation in order to cope with the problems that interdependence thrusts upon us.(1) No longer can nations...
Preferential Trade Agreements: The Wrong Road
At the Conservative Party annual meeting in Blackpool in 1995, British Prime Minister John Major invoked George Orwell in his radical youth, when he went by his given name of Eric Blair, to tweak Labour Party leader Tony Blair as having changed everything...
Protecting Ideas and Ideals: Copyright Law in the People's Republic of China
INTRODUCTION Since 1979, the United States has been pressuring the People's Republic of China(1) (P.R.C.) to develop a copyright law to protect U S. business interests. The U.S. government believes that stronger protection of U.S. copyrights...
Regional Economic Integration and Higher Education: An Idea for a University
I. INTRODUCTION Institutions of higher education are as important to regional economic development as are modern telecommunications and transportation systems, independent courts, and reliable power grids. Universities--part of a region's infrastructure--have...
Regional Trade Arrangements and the Establishment of a Free Trade Area of the Americas
INTRODUCTION The countries of the Western Hemisphere have announced their intention to form a hemisphere-wide free trade area to be known as the Free Trade Area of the Americas (FTAA). They have not yet designed or agreed upon a path to follow...
Some Inherent Problems with Free Trade Agreements
Our memories are short, and too often the lessons of yesterday are lost on today. The current popularity of preferential economic arrangements, such as the North American Free Trade Agreement (NAFTA), is a case in point, an indication that the circumstances...
Sovereignty and Regionalism
I. INTRODUCTION It has become a truism to say that globalization of the world economy poses daunting challenges for nations, prompting them to change their economic and legal structures and rethink their strategies vis-a-vis the rest of the...
Technology and Trade
Today, at the transition between the end of the Cold War and the beginning of the twenty-first century, the United States finds itself in a unique position. It is the only currently existing superpower and carries a very large share of the defense...
The North American Development Bank and the Border Environment Cooperation Commission: A New Approach to Pollution Abatement along the United States-Mexican Border
I. INTRODUCTION The North American Development Bank (NADBank) and its sister entity, the Border Environment Cooperation Commission (BECC), are anomalies. Created at the same time as, but not legally as a part of, the North American Free Trade...
Trade Law and Competition Policy in Regional Trade Arrangements
The growth and development of free trade agreements (FTAs) as well as other types of regional trade arrangements has in recent years produced strong expectations for these arrangements. Following the conclusion of the Uruguay Round in Marrakesh, the...
Trade Laws, Antitrust Laws, and the Process of Economic Integration
I. COMMENT THESIS In a recent article,Judge Diane Wood, commenting on the evolution of international trade rules since World War II, culminating most recently in the Uruguay Round trade agreements, correctly noted: As [government rules relating...
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