Foreign Commercial Law Summary

Choose a study mode

Play Quiz
Study Flashcards
Spaced Repetition
Chat to Lesson

Podcast

Play an AI-generated podcast conversation about this lesson
Download our mobile app to listen on the go
Get App

Questions and Answers

Which of the following best describes the scope of international law?

  • Regulating relationships solely between individual people across different countries.
  • Focuses exclusively on economic treaties between countries.
  • Governing the internal affairs of a single nation.
  • Regulating the relationships between states and other international actors. (correct)

International law has a central legislative body that creates laws for all nations.

False (B)

Name two primary sources of international law.

Treaties and customs

The type of international law that regulates relationships between states and international organizations is known as international law.

<p>public</p>
Signup and view all the answers

Match the following sources with their descriptions

<p>Treaties = Formal agreements between states Customs = Established practices accepted as law General principles of law = Basic legal norms recognized by civilized nations Jurisprudence = Judicial decisions contributing to legal interpretation</p>
Signup and view all the answers

Which of the following is NOT identified as a function of international law?

<p>Establishing domestic economic policies. (A)</p>
Signup and view all the answers

Human rights are only applicable to citizens of developed nations.

<p>False (B)</p>
Signup and view all the answers

List three characteristics of human rights.

<p>Universal, indivisible, inalienable</p>
Signup and view all the answers

Rights that cannot be taken away or renounced are considered .

<p>inalienable</p>
Signup and view all the answers

Match each characteristic of human rights with its description

<p>Universal = Applicable to everyone, everywhere Indivisible = All rights are equally important and connected Inalienable = Cannot be taken away or surrendered Inviolable = Protected against violation</p>
Signup and view all the answers

What is the primary objective of barriers to international trade?

<p>To protect domestic industries and regulate competition. (A)</p>
Signup and view all the answers

Antimonopoly laws are designed to allow a single company to control an entire market.

<p>False (B)</p>
Signup and view all the answers

Explain how tariffs impact the price of imported goods.

<p>Tariffs increase the price of imported goods</p>
Signup and view all the answers

Are limitations on the quantity of goods that can be imported.

<p>quotas</p>
Signup and view all the answers

Match the following trade barriers with their description

<p>Antimonopoly laws = Prevent single-company market control Tariffs = Taxes on imported goods Quotas = Limits on the quantity of imports Bureaucratic barriers = Complex import requirements</p>
Signup and view all the answers

Which trade barrier involves complex or excessive requirements for importing goods?

<p>Bureaucratic barriers. (D)</p>
Signup and view all the answers

Favoritism towards national products encourages imports by reducing taxes.

<p>False (B)</p>
Signup and view all the answers

What are the consequences of trade barriers in international markets?

<p>Protect national industries, regulate economy, control product entry and ensure quality and security standards.</p>
Signup and view all the answers

The objective of international public law is to foster relationships between countries and international .

<p>organizations</p>
Signup and view all the answers

Match the function of international law with the corresponding impact

<p>Maintain peace and security = Avoid conflicts that can affect the country's well-being Promote the developement = Promote growth Sustainable developement = Cater for the population without compromising resources</p>
Signup and view all the answers

Flashcards

Derecho Internacional

Norms regulating relations between states and international actors.

Tratados

Formal agreements or contracts between entities.

Derecho Internacional Publico

Regulates relations between states and international organizations.

Derecho Internacional Privado

Regulates relations between physical/legal persons from different countries.

Signup and view all the flashcards

Characteristics of Derecho Internacional Publico

Regulates interstate relations, fosters peaceful coexistence and cooperation.

Signup and view all the flashcards

Fuentes del Derecho International Publico

International treaties, customs, general principles of law, and more.

Signup and view all the flashcards

Funciones del Derecho Internacional Publico

Maintaining peace, promoting cooperation, protecting human rights.

Signup and view all the flashcards

Derechos Humanos

Inherent entitlements for all people, without discrimination.

Signup and view all the flashcards

Characteristics of Derechos Humanos

Belong to everyone, indivisible, and cannot be taken away.

Signup and view all the flashcards

Derecho comercial exterior

Set of rules that regulate trade of goods/services between countries.

Signup and view all the flashcards

Purpose of barriers to international trade

Protect domestic industries, regulate competition, ensure standards.

Signup and view all the flashcards

Leyes antimonopolicas

Laws preventing monopolies that limit mergers or abusive practices.

Signup and view all the flashcards

Aranceles

Taxes on imported goods to increase prices.

Signup and view all the flashcards

Cuotas

Limits on the quantity of goods that can be imported.

Signup and view all the flashcards

Barreras burocraticas/permisos

Complicated requirements for importing goods.

Signup and view all the flashcards

Favoritismo nacional

Preference for domestic products to limit imports.

Signup and view all the flashcards

Study Notes

  • Foreign commercial law summary

Concept of International Law

  • It is the set of norms that regulate relations between states and other international actors

Sources of International Law

  • Treaties
  • Agreements
  • Protocols
  • Conventions

Concept of Public and Private International Law

  • Public International Law: Regulates relations between states and international organizations
  • Private International Law: Regulates relations between natural/legal persons from different countries

Characteristics of Public International Law

  • Regulates interstate relations
  • Establishes rules for peaceful coexistence and cooperation between states
  • Evolves with the needs and changes in the international community
  • Does not have a central legislative body
  • Uses treaties and customs as a legal basis
  • Based on consent

Sources of Public International Law

  • International treaties
  • Custom
  • General principles of law
  • National legislation of states
  • Advisory opinions of the International Court of Justice
  • Jurisprudence
  • Diplomatic acts of states

Functions of Public International Law

  • Maintain peace and security
  • Promote international cooperation
  • Protect human rights
  • Regulate the use of global resources
  • Promote sustainable development

Concept and Characteristics of Human Rights

  • Human Rights: A set of inherent rights that all people possess without distinction

Characteristics of Human Rights

  • Universal: Belong to all people in the world without distinction
  • Indivisible: Cannot be divided, all are equally important
  • Inalienable: Cannot be taken away or renounced, no one can take them away from you
  • Inviolable: No one can violate them, and if this happens it can be sanctioned as a serious violation
  • Imprescriptible: Never lose validity, that is, they do not expire
  • Irrenounceable: You cannot renounce them

Concept of Foreign Commercial Law

  • Set of rules that regulate the trade of goods and services or other commercial transactions between different countries

Purpose of Barriers to International Trade

  • Serve to protect national industries, the local economy, regulate competition, control the entry of products and guarantee quality and safety standards

Barriers to International Trade

  • Anti-monopoly laws: Prevent a company from controlling the entire market, applied by limiting mergers or abusive practices
  • Tariffs: Taxes levied on imported products; are applied by raising the price of imported products
  • Quotas: Limits on the quantity of products that can be imported, are applied allowing only a certain quantity
  • Bureaucratic barriers/permits: Complicated or excessive requirements to import, applied by requiring many procedures or documents
  • National favoritism: Preference to national products limiting imports, applied by buying or promoting products made in the country

Studying That Suits You

Use AI to generate personalized quizzes and flashcards to suit your learning preferences.

Quiz Team

Related Documents

Sumario de Derecho Comercial Exterior

More Like This

Use Quizgecko on...
Open
Browser
Browser