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International Law
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International Law
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1. Treaties & Conventions
1.1. Treaties: Agreement between 2+ nations
1.2. Conventions: Agreement among a group of nations
2. Trade Regulations
2.1. Tariffs: Import taxes
2.2. Quotas: Limited quantities
2.3. Bans: Illegal goods
3. National Jurisdiction
3.1. Territorial Principle: Make and enforce laws within own borders
3.2. Nationality Principle: Make and enforce laws regarding citizens action
3.3. Objective Territoriality Principles: Make and enforce laws regarding action of foreign countries on their own
4. Nationalization
4.1. Host nation takes property of IBE within the nation
5. Calvo Doctrine
5.1. Principle that IBEs should be treated the same everywhere
6. International Business Entities
6.1. Any business that is associated across national lines
7. IBE's Legal Compliance
7.1. 1- Home Country Laws
7.2. 2- Host Country Laws
7.3. 3- Regional Laws
7.4. 4- International Laws
8. Foreign Corrupt Practices Act
8.1. Cannot engage in corruption or bribery in other nations
9. US Legal Standard
9.1. Government can take private property in exchange for "just compensation"
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