International Trade Lawyer

What is International Trade Law?

Lawsuit in NewJersey
Lawsuit
Lawsuits in Carolina
Lawsuit in Mexico

International Trade is the exchange of goods and services across international boundaries or territories. In most countries, it represents a significant share of GDP. The trade and economy has always been a significant factor influencing foreign policies and related laws of the country.

 

In the recent years, international trade has become ever more important for determining country’s economy. Industrialization, advanced transportation, globalization, multinational corporations, and outsourcing are all having a major impact. Increasing international trade is usually the primary meaning of “globalization”.

 

Initially there were heavy duties imposed and strictly licensing policies regarding the same were practiced by the governments but lately almost all developed and developing countries have resorted to liberal trade practices. Increased FDI, healthy market competitions are some of the corollary effects of liberal international trade.

 

In order to safeguard the best interest of every country, WTO forms the basic guideline for international trade and commerce. The World Trade Organization (WTO) is an international, multilateral organization, which sets the rules for the global trading system and resolves disputes between its member states; all of whom are signatories to its approximately 30 agreements.

 

The General Agreement on Tariffs and Trade (typically abbreviated GATT) was originally created by the Bretton Woods Conference as part of a larger plan for economic recovery after World War II. GATT included a reduction in tariffs and other international trade barriers and is generally considered the precursor to the World Trade Organization.

Contract Law – Introduction:

Breach Of Contract:

Dispute settlement

In case of occurrence of International Trade Disputes, the means of dispute resolution is determined by jurisdiction. Each individual country hears cases that are brought before them. Governments choose to be party to a dispute. And private citizens determine jurisdiction by the Forum Clause in their contract.

 

Besides forum, another factor in international disputes is the rate of exchange. With currency fluctuation ascending and descending over years, a lack of Commerce Clause can jeopardize trade between parties when one party becomes unjustly enriched through natural market fluctuations. By listing the rate of exchange expected over the contract life, parties can provide for changes in the market through reassessment of contract or division of exchange rate fluctuations.

Find International Trade Law Attorney by Location

Atlanta

Austin

Baltimore

Boston

Charlotte

Chicago

Cleveland

Columbus

Dallas

Denver

Detroit

Houston

Indianapolis

Jacksonville

Kansas City

Las Vegas

Los Angeles

Miami

Milwaukee

Minneapolis

Nashville

New York

Oklahoma City

Orlando

Philadelphia

Phoenix

Portland

Raleigh

St. Louis

San Antonio

San Diego

San Francisco

San Jose

Seattle

Tampa

Washington, DC

Find International Trade Law Attorney by Location

Alameda County, CA

Bexar County, TX

Broward County,  FL

Cook County, IL

Cuyahoga County, OH

Dallas County, TX

Harris County, TX

King County, WA

Kings/ Brooklyn County, NY

Los Angeles County, CA

Maricopa County, AZ

Miami-Dade County, FL

New York/ Manhattan County, NY

Orange County, CA

Philadelpia County, PA

Queens County, NY

Riverside County, CA

San Bernardino County, CA

San Diego County, CA

Santa Clara County, CA

Suffolk County, NY

Tarrant County, TX

Wayne County, MI

Find International Trade Law Attorney by Location

Chicago Metro, IL

Los Angeles-Long Beach Metro, CA

New York Metro, NY

Washington Metro, DC-MD-VA-WV

Find International Trade Law Attorney by Location

Alabama

Alaska

Arizona

Arkansas

California

Colorado

Connecticut

Delaware

District of Columbia

Florida

Georgia

Hawaii

Idaho

Illinois

Iowa

Indiana

Kansas

Kentucky

Louisiana

Maine

Maryland

Massachusetts

Michigan

Minnesota

Mississippi

Missouri

Montana

Nebraska

Nevada

New Hampshire

New Jersey

New Mexico

New York

North Carolina

North Dakota

Ohio

Oklahoma

Oregon

Pennsylvania

Rhode Island

South Carolina

South Dakota

Tennessee

Texas

Utah

Vermont

Virginia

Washington

West Virginia

Wisconsin

Wyoming