Here is the synopsis of our sample research paper on International Laws on Market Access. Have the paper e-mailed to you 24/7/365.
Essay / Research Paper Abstract
This 3 page paper looks at the different rules and laws that manage market access, looking first at WTO rules, including non discrimination and the most favored nation rule as well as transparency and then at the way that the European Union ensures market access for union members. The bibliography cites 2 sources.
Page Count:
3 pages (~225 words per page)
File: TS14_TEWTOmarkac.doc
Buy This Term Paper »
Unformatted sample text from the term paper:
international law that look at the way access to markets will be assured, the relevant laws may be found in GAT and GATS which is regulated and enforced by the
World Trade Organization (WTO) as well as in more regional and bilateral agreements, such as the EU framework, NAFTA and ASEAN. The WTO has the aim of regulating global
trade; it is concerned with the policies that are in place and not the outcomes. The WTO and well as the previous GATT are based on five principles: non-discrimination, reciprocity,
enforceable commitments, transparency and safety valves. Nondiscrimination can be seen as a major principle that relates to access to markets. This can
be divided into two components, the most-favored-nation (MFN) rule, and the national treatment principle (WTO, 2011). These are found in a number of different, the first article in GATT, article
2 of GATS, and article 4 of TRIPS. Theoretically issues handled slightly differently with in each agreement, but the principles remain. The basic principle of the most-favored-nation treatment is that
any country should treat all of its trading partners, which are providing same or similar goods, equally. All trading partners should be given the same treatment as the most-favored-nation status
(WTO, 2011). MFN applies even when there is no specific commitment, however this
does not mean there cannot be restrictive strategies, such as trade tabs, but that all trading nations need to be treated equally. There are some exceptions; the market does not
have to be open to international competition, as well as some temporary measures that facilitated ongoing preferential treatment between countries which were in place prior to signing the treaty. However,
...