International Trade Flashcards

1
Q

ideology of free trade

A

promotes understanding, respect, interchange

roots in 18c capitalism

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2
Q

two major tenant of international trade law

A

doctrine of national treatment -central principle - cannot discriminate between your nationals and foreign nationals on manufacture, distribution or sale of “like” products

Doctrine of most favored nation - aspirational - treat your best friend nation the same as everyone else

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3
Q

Challenges to free trade

A
  • economic - tension between maximizing profits and burden on common good
  • emotional - protectionism
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4
Q

two kinds of protectionism

A

tariffs - customs duty, tax, fine at border

non-tariff barriers - quotas on foreign products, domestic subsidies, process-based concern

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5
Q

principles of free trade

A

transparency - need to explain why product is banned and how to conform

skepticism of unilateralism - addressed through treaties

imperfection - trend towards fewer barrier

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6
Q

responses to the centering of trade

A
  • customs unions - harmonize economies

- free trade zones - concerted effort to lower trade barriers

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7
Q

Defenses to breach of GATT

A

environment, human health, national security

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8
Q

Remedies to breaches of international trade

A
  • specific performance - remove/amend measure

- retaliation - if state does not change laws, adopt domestic legislation that has similar impact on offending state

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9
Q

Dispute settlement under Ch 11 NAFTA

A

specific settlements for specific infractions

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10
Q

Steps of dispute settlement under Ch 20 NAFTA

A
  • state demands consultation
  • if that doesn’t work, then meeting of NAFTA commission
  • if that doesn’t work, request arbitration - creates report
  • implement final report
  • if no compliance then retaliation
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11
Q

Five protections under NAFTA ch 11

A

1) national treatment
2) most favored nation
3) minimum standard of treatment - fair and equitable treatment under customary international law, no egregious, shocking, outrageous treatment
4) performance requirements
5) ban on expropriation - bans direct or indirect takings, impermissible unless public purpose, due process, non-disc basis, compensate for econ loss

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12
Q

Pressure points pushing convergence of common law and civil law

A
  1. growing role of constitutionalization in civil law societies
  2. reaction to inaccessibility in common law - codifying, regulating
  3. civil law - legislature can’t always keep up with new tech and developments
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13
Q

Amparo

A

like a writ - indiviudal can access court room for judicial review of legislation/government action

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14
Q

3 kinds of Amparo

A

direct - challenges court decision
indirect - challenges official conduct and decisions made by state authority
against a law - constitutionality of a law in the absence of official action

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