International Business SIB520 Chapter Notes - Chapter 1: United Nations Commission On International Trade Law, General Agreement On Tariffs And Trade, Millennium Development Goals
Document Summary
How international agreements are made (cont"d: process of treaty creation: Signing a treaty shows a country will consider the treaty. Once ratified by a specified number of the governments, a treaty comes into force. ratified it: a treaty regulates relations only among countries that have, north american free trade agreement (nafta) Us and canada: attitudes toward international agreements: in canada, treaty-making authority lies exclusively with the domestic governments. federal executive branch of government. No legislative concurrence is required by law. advice and consent of two-thirds of the senate: in the us, the president has power to make treaties with the. Us and canada: attitudes toward international agreements (cont"d: provisions in us international agreements become part of us domestic law. They must conform to the us constitution, and can be modified or repealed by congress: many nations view international law as superseding domestic law. Development (oecd); and: the g7, g8, and g20.