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1
Q

How does common law system operate

A

Precedence

Eg. AU or USA

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2
Q

Who are the actors in domestic private law

A

Individual / individual

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3
Q

Who are involved in domestic public law

A

Individual / state

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4
Q

Who are the actors in international law

A

Sate v state

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5
Q

What does public international law deal with

A

Cases

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6
Q

What does private international law deal with

A

What law is applicable

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7
Q

Is international law voluntary

A

Yes, until signed and ratified. It is then compulsory by that choice.

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8
Q

What is the hierarchy within legal traditional method

A
  1. The law itself.
  2. Juris prudence. How the law has been interpreted in the past
  3. Doctrine. What people have said, legal scientists, judiciary
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9
Q

What characteristics does a state have

A

Permanent population
Defined territory
Government
Capacity to enter into relations with other states

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10
Q

How does civil law system operate

A

Case by case

Example France

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11
Q

What is the principle of common but differentiated responsibilities

A

Climate change is a global responsibility but individual states have greater ability to effect the response and also greater fault in causing the problem

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12
Q

What is covered in a BIT

A
Investment
Who is covered
Protection measures
Compensation
Transfer of currencies freely
Most favoured nation
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13
Q

Describe the WTO

A

International organisation
Rule based and member driven
All decisions made by member governments

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14
Q

Define the GATT

A

The General agreement on trade and tariffs

Main objective is to remove barriers to trade through the reduction of tariffs, quotas and subsides.

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15
Q

Define GATS

A

General agreement in trade of services
Remove barriers to trade in services and promote economic growth
Basic obligations MFN and transparency
Specific commitments Market access and National treatment

Exempt services is support of government authority and in air transport services

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16
Q

Define TRIMS

A

Trade related investment measures
Applies only to measures that effect trade in goods
Cannot apply measures that are prohibited under GATT Article III (national treatment) or Article XI (quantitative restrictions)

17
Q

What is a freezing clause

A

Clause that prevents changes in government or fiscal regime from impacting the investment

18
Q

Why does foreign investment law provide more protection than trade law

A
  1. Appeal process
  2. Private investor has standing
  3. Protection against breach of HGC
19
Q

Differences between ECT and WTO dispute resolution

A

WTO: adopt decision automatically unless disapproved by consensus
ECT: adopt report on 3/4 vote
No appeal available under ECT (no appellate)

20
Q

What is the difference between Regulations an Directives

A

Regulation - does not require national implementation. Once in force the regulation takes precedence

Directive - sets goals and allows member states to choose implementation method.