LAW 4001: international trade Law

Running head: INTERNATIONAL LAW ANTI-TRUST & TRADE REGULATION
International Law Anti-trust & Trade Regulation
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INTERNATIONAL LAW ANTI-TRUST & TRADE REGULATION1
Contents
Introduction:....................................................................................................................................3
Sustainable Economic Development:..............................................................................................3
Impact on developing nations:.........................................................................................................3
Forces of globalization and its effects on agricultural and trade policies:..................................4
Foreign Direct Investment decisions:..........................................................................................4
Influence of international trade bodies on the domestic trade and agricultural policies:............5
Role of WTO in globalized world:..............................................................................................6
Environment protection agreements:...........................................................................................7
Strategy by developing nations to achieve SED:.............................................................................7
Attracting foreign investment into the country:...........................................................................8
Effective use of population:.........................................................................................................8
Developing trade ties with developed nations:............................................................................8
Use of technology and innovation:..............................................................................................9
E-commerce:................................................................................................................................9
Ease of business:..........................................................................................................................9
Huge contribution by service sectors:..........................................................................................9
Conclusions:..................................................................................................................................10
References:....................................................................................................................................11

INTERNATIONAL LAW ANTI-TRUST & TRADE REGULATION2

INTERNATIONAL LAW ANTI-TRUST & TRADE REGULATION3
Introduction:
The economic progress and development of a nation depends on the ability of the country
to strategically use its economic, trade and agricultural policies. The trade economic and
agriculture policies are all integral part of overall governance of a country. Generally the elected
governments of sovereign nations such Canada, United States of America, India and others have
the responsibility to use trade and agricultural policies to achieve economic progress and
development.
Sustainable Economic Development:
The economy of a country is primarily dependant on the economic, agricultural and trade
policies of the country. A nation will never proposer if it fails to merge the trade and agricultural
policies in a manner suitable for the economic prosperity and development of the nation.
Neglecting any one at the behest of other would resulted in economic discomfort in the future
(Sassen, 2016).
In developing nations the governments look to take initiatives to achieve sustainable
development and economic progress by conglomeration of economic, trade and agricultural
policies. Understanding the importance of globalization for developing countries is even more
critical than developed nations. Use of Foreign Direct Investments in different sectors and
industries could have major implications to the overall economy of developing countries hence,
proper strategy shall be followed (Storey, 2016).
Impact on developing nations:
A developing country like India which is also one of the fasted growing economy in the
world has to balance its economic and trade affairs along with agricultural aspects to ensure