Wednesday, February 19, 2020

Dispute settlement mechanism in the WTO and developing countries Essay

Dispute settlement mechanism in the WTO and developing countries - Essay Example The purpose of this paper is to examine the mechanism of the world trade organization to settle the disputes that occur between the parties of the organization. Research will compare the system of GATT and the WTO system to settle disputes. In addition; it will explain how the system works. Also it will show the benefits that the system provides for developing countries. And it will be some cases of the disputes that the system remedied. The increasing predominance of the capitalist system, globalization and the consequent reduction of the world into some form of global village have resulted into the fast integration of the world’s economic system. This development is characterized by countries engaged in constant bilateral and multilateral relationships as they deal with each other with the highly dynamic and freer flow of goods and services in the international market in addition to the internationalization of production. David Held (1999) argued that historical evidence at both the world and country levels demonstrate that the higher level of trade today is inevitable – from the Classical Gold Standard period to the postwar growth in trade.1 An illustration of the growth of global trade is demonstrated in fig. 1. This phenomenon was made possible by the advances in modern technology, transportation and communications as well as the global trade liberalization that have paved the way for a highly evo lved economic system. Central to globalization is the World Trade Organization, the international body that institutionalized the world trade system. It is this organization that has worked to increase trade between countries by ensuring that tariffs, state control systems are lowered and protectionism by governments on domestic industries is eliminated. The environment that is created by the modern economic system often breeds conflict as countries navigate the complexities of trade. As nation-states become naturally enmeshed and interdependent

Tuesday, February 4, 2020

Love and Sex Relationship Essay Example | Topics and Well Written Essays - 750 words

Love and Sex Relationship - Essay Example Sexual relationship between man and woman before marriage: ethical or not Within the context of love and sex relationship, sexual relationship between man and woman before marriage is unethical because it leads to a number of problems in future life. For instance, one cannot prove that sexual relationships ultimately lead to marriage in future. If a partner is in search of temporary relationship, the other partner is forced to face the consequences. If one considers that marriage is related to sexual purity of the partners, sexual relationship between man and woman before marriage is unethical. If one is not pure, one cannot blame others. Nicotera opined that â€Å"After sharing all that there is to share before marriage, it is believed that young couples get bored with each other soon after marriage because they did not leave anything to imagination or delay any satisfaction† (172). From a different angle of view, sexual relationship before marriage increases the scope of bor edom in future life. On the other side, difference in opinions related to sexual relationship before marriage is deeply influenced by cultural difference. In an underdeveloped society, laws and regulations related to marriage may be strict. In this situation, sexual relationship between man and woman before marriage is unethical. Within the context of developed societies, sexual relationship before marriage is considered as the best possible way for the partners to know each other in a different way. Still, one can indulge in a love affair without sex because it does not force him or her to feel regret. Virginity: important to men or women One can see that virginity is important to men and women because men and women are equal. If one considers that virginity is important to women, one is trying to devalue the status of womenfolk. To be specific, marriage is an agreement between equal partners and virginity is applicable to both the partners. If a man is so cautious about his partne r’s virginity, he must realize the fact that the same is applicable to him also. Klein stated that â€Å"In the case of the Middle East, early marriage appears to be corollary to the emphasis on female virginity; the earlier the marriage, the less likelihood that the girl will lose her virginity before marriage† (60). If an individual is ready to accept marriage as an important agreement or social contract between the partners, virginity is important to both the partners. So, within the context of love and sex relationship, one can see that virginity is important to men and women. On the other side, most males expect that their partners must be cautious about their virginity. But most males are not aware of the fact that their female partners can question their status on virginity. The women folk who are in favor of sexual independence and individual freedom are not in favor of virginity. From a different angle of view, virginity of men and women is a controversial top ic which can be evaluated according to individual difference. Still, virginity should not be considered as the most important aspect of marriage because trust and cohesion between partners is most important. Teenage sex