by TheBusinessProfessor | Feb 23, 2025 | Global Business, International Law & Relations
What is a Common Market?A common market, also known as a trade block, is a market that allows trade and exchange of labor or services between specific countries. It is the result of a regional or intergovernmental agreement that permits agreeing countries to trade...
by TheBusinessProfessor | Feb 23, 2025 | Global Business, International Law & Relations
What is the Customs Cooperation Council Nomenclature?The Customs Cooperation Council Nomenclature (CCCN) is a customs tariff classification system for imported goods. It refers to a standardized method of classifying imported goods in order to determine duties or...
by TheBusinessProfessor | Feb 23, 2025 | Global Business, International Law & Relations
What is the Warsaw Convention?Warsaw Convention is an international convention or agreement that regulates the conveyance of goods or passengers or luggage in international transport, especially in the aviation industry. The Warsaw convention stipulates certain...
by TheBusinessProfessor | Feb 23, 2025 | Global Business, International Law & Relations
What is the World Customs Organization (WCO)?The World Customs Organization (WCO) is an intergovernmental organization that was created in 1952. WCO is independent and performs a wide range of functions in international customs administrations. It promotes reforms and...
by TheBusinessProfessor | Feb 23, 2025 | Global Business, International Law & Relations
What is the The World Bank?The World Bank is an organization that emanated from the Bretton Woods agreement to solve financial problems of many countries. It is an international financial institution that is focused on enhancing growth and prosperity in the nations of...
by TheBusinessProfessor | Feb 23, 2025 | Global Business, International Law & Relations
What is USAID?The United States Agency for International Development (USAID) is an agency run by the U.S government to foster international development, alleviate extreme poverty globally, and also promote self-sustenance and resilience in countries of the world. This...
