other disputes, which are at the agenda of the Dispute Settlement Committee of WTO. ........................................................ 2 a) Russian Federation- Measures on the importation of live pigs, pork and other pig products from the European Union .................................................. 3 b) Brazil- Certain measures concerning taxation and charges ...................... 4 c) Anti-dumping duties on light commercial vehicles (LCV) from Germany and Italy .......................
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invested in, Cyprus was no longer able to support its financial sector and was forced to seek a bailout from the European Union. The proposed bailout plan for Cyprus was not only unexpected, but an action that had never before been done in the history of banking crises. This controversial “bail-in” plan has many serious implications for state of financial markets worldwide. The European Union agreed upon a bail-in plan in which bank deposits would be used to support the struggling Cypriot banks. Specifically
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Labour Productivity in the European Union: Innovation, Education and Investment Section 1 - Introduction The unique phenomenon of the European Union has attracted much attention from academics, diplomats and policymakers ever since its founding in the 1950s as the European Coal and Steel Community, with 6 member states. In 2009 there are 27 member states, and a large number of countries around the world have association agreements with the EU, notably those countries of the Mediterranean and
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place to make the four freedoms of movement of people, goods, services and money. Framed within the context of the Treaty of the European Union, Europol’s authorization composed all serious types of international crime, including international terrorism. Europol is shown to have demonstrated the dual forces of political control over the association of the European Union, on the one side, and the institutional autonomy and professional expertise of participating police agencies, on the other[1] .
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consequence of the monetary union was that European banks became more relaxed about holding cross-border debt. This resulted in rapid growth in the banking sector and increased exposure to the deficit countries in southern Europe. To address the sovereign debt crisis, European Stabilization Mechanism (ESM) allowed the European Commission to raise funds by issuing bonds that using its own budget as collateral and then forwarding those funds on to struggling nations. European Financial Stability Facility
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as the European Union). Depending on the level of economic integration, trade blocs can fall into different categories, such as free trade areas, customs unions, common markets, economic and political unions. In a free trade area, barriers to trade between members’ countries are removed, but each country determines its own external trade policy. Centralizing production in those locations within the area where the mix of factors costs and skills is optimal being practice. In a custom union, internal
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Competition with local supermarket companies The competition between Wal-Mart and local supermarkets has become stronger and more vicious. Wal-Mart is so large and worldwide, which grants an advantage in negotiating low prices with many suppliers. However, Local supermarkets such as Comerci, Soriana, and Gigante, do not seem to give up the market so easily. They have already taken several actions to fight Wal-Mart continuously. Unable to get low prices Wal-Mart can get from the suppliers, local
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1. What are the main sources of Scots Business Law? A: The main sources of Business Law are UK Parliament (West Minister), European Parliament and Scots Legislation. Also, the others are Judicial Precedent, Institutional Writers and Custom. 2. Judicial Precedent is Superior to Statutory Law. Do you agree with this statement? A: I disagree; the judicial precedent is formed from a case law, it’s known to be the most important source in common law. A law which is implemented by the judges from
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current government in combating terrorism, which increases as more immigrants flood in from war-torn and conflict areas, such as Syria. In this time of conflict in Syria, as a civil war ravages through the country, leaving millions homeless, the European Union's open border policies allow too many refugees to come into Europe too fast. This ultimately results in economic problems from having to support such a large
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conflict between Iraq and a coalition of 34 nations which were assembled by the United States; including Britain, France, Egypt and Saudi Arabia (Full list Appendix 1B). Iraqi troops began the invasion of Kuwait). During the period of the Gulf War the European Economic Community (EEC) was in power, the majority of the aims and objectives where based on how they could improve the economy. The cost of the gulf war was calculated by the United States Congress to be $61.1 billion, about $52 billion of that
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